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Cost Accountant At Reeds Africa Consult

Reeds Africa Consult

Consulting full time Nairobi Posted 13 hours ago

Reeds Africa consult (RAC) offers a broad scale of Human resource services designed to provide professional supports for the growing needs of today’s corporate organizations. Our services includes the entire employee life cycle in an organization from the point of recruitment, training and development, policy development, compliance audits, provision of HR tools to achieve overall business success from the HR perspective. Reeds Africa consult (RAC) consultants have a combined experience of over 18 years and are very well capable of achieving sustainable, productive performance growth with full compliance as your HR partner of choice.Job Overview Our cost accountant will work closely with other accountants in the organization to analyze, calculate, and report on production costs, inventory, and expenses towards ensuring optimal operational efficiency, budgeting, cost efficiency, and business profitability. Job Description Handling inventory accounting, reporting, and reconciliations. Performing month-end closing activities and ensuring financial accounting related to revenue and costing is completed in a timely and accurate manner. Analyzing reports and tools that identify cost exceptions and working with cross-function teams to predict and improve the cost of production. Perform inventory valuation, reconciliation, and assist with physical and cycle counts to ensure the accuracy of inventory accounts. Assist in the preparation of manufacturing budgets and forecasts, and monitor actual versus budgeted expenses. Support the monthly close process by reviewing and reconciling cost accounts, preparing journal entries, and ensuring compliance with accounting standards. Work with cross-functional teams, such as operations and procurement, to provide cost data, identify cost-saving opportunities, and support financial decision-making. Establishing the standard costs of services or products Establish and update the business projection by updating on sales progression, revenue, and expenses. Ensure all banking are done within the stipulated time and related documents filed. Ensure all physical opening stocks are accurate and shared out. Ensure all sale out are fed onto the system. Coordinate and manage payment and billing details of external service providers, contractors, and vendors. Reconciliation of purchases to ensure they comply with the company performance to ensure the company is making profits. Job Requirements Cost Accountant Education Qualifications: Bachelor’s degree in Accounting, Finance, or a related field. Advanced proficiency in Microsoft Excel and experience with ERP systems. Knowledge and experience in general accounting books reconciliations. CPA section 1 completed or ACCA Part 2.