HACO Industries is one of the region’s leading FMCG manufacturers, supplying a wide range of products to the entire East African and COMESA Markets. As an established Pan African player in the manufacturing sector, we take pride in our Kenyan origins. This has enabled us better to understand the African market and therefore develop, manufacture, and distribute quality personal and home care brands that include MIADI, AMARA, SO-SOFT, SPARKLE, ACE, Haco pegs and rulers. We are also the only licensed distributor of Palmer’s in Kenya. Our desire is to be able to add value to the everyday life of our customers across Africa.
This role reports to the Finance Manager – Reporting & Analysis and is based in Nairobi. This is an exciting opportunity for an energetic, talented and qualified accountant who has passion in costing and analysis. The role holder will collect, analyze and report on cost accounting data and conduct financial analysis to support business decision making.
Duties and Responsibilities
- Monitor and analyse unit cost variance and purchase price variances and make recommendations for remedial actions.
- Prepare monthly profit and loss reports for all markets and market segments as required.
- Oversee inventories count process, prepare monthly inventory movement and valuation reports, audit and adjust inventory variances and share the stock take reports with management.
- Develop and recommend pricing strategies to optimize profit margins while staying competitive.
- Proactively monitor market prices and cost movements and recommend products price reviews.
- Make accurate budgets and estimates while accounting for upcoming financial needs and trends that may have an impact on expenditure.
- Collaborate with other teams to develop and implement cost management initiatives that complement the objectives of the business.
- Maintain system price lists/ generate price lists & costing for all products.
- Spearhead the conception and implementation of continual improvement initiatives to increase cash flow to the business i.e. through the review of policies and procedures.
- Analyze costs of raw materials and other supplies and create cost-benefit analyses to aid the management in decision making.
- Develop financial models to forecast future expenses based on trends and operational changes.
- Assist in the preparation of business cases for acquisition of equipment and track and report the outcomes against the business case.
- Evaluate and recommend changes to the company’s processes and policies to reduce costs and maximize profit.
Role Requirements
- Bachelor’s degree in finance, accounting or a Business-related field from a recognized University.
- Recognized professional certificate in accounting such as CPA (K), ACCA or CIMA equivalents.
- A minimum of 5 years’ experience in a similar role in FMCG or experience in a reputable audit firm.
- Member of The Institute of Certified Public Accountants of Kenya (ICPAK).
- Proven track record in conducting cost analysis, budgeting, and financial modelling.
- Outstanding business acumen, knowledge of accounting processes and attention to detail to ensure the integrity of financial reports and analysis.
- Excellent data analysis and reporting skills.
How to Apply
Interested applicants should fill in a pre-screening form on the links provided below and forward copies of their application letters, academic and professional certificates, testimonials and up-to-date curriculum vitae to [email protected]. Applications should reach us not later than January 25, 2024.
All applicants should state their expected remuneration and indicate their contact details.
Accountant – Costing & Analysis – https://forms.office.com/r/FvTeqAyqz4
