Management Accountant Manufacturing and FMCG Sector
NAIROBI, Nairobi
Posted 2 days ago
- Company:
- Orchid HR
- Company Description:
- Orchid HR has been serving a wide variety of industries as human resource advisors, consultants, and on-site HR departments since 2010. Our core business is to provide our corporate clients with human capital solutions that result in measurably improved employee and organizational performance while minimizing employment practice risk. We assist organizations troubleshoot, establish and outsource essential Human Resource functions.
- Contract Type:
- Full Time
- Experience Required:
- 5 to 10 years
- Education Level:
- Bachelor's Degree
- Number of vacancies:
- 1
Job Description
Location: Nairobi, Kenya
Application Deadline: May 15th, 2025
Industry: Manufacturing / Fast-Moving Consumer Goods (FMCG)
Employment Type: Full-Time
Position Summary:
We are seeking a proactive and detail-oriented Accountant to join our finance team. The ideal candidate will have a strong background in manufacturing accounting practices and will be instrumental in managing financial operations, analyzing costs, and supporting strategic decision-making processes.
Key Responsibilities:
1. Accounts Payable (AP) and Accounts Receivable (AR):
· Process supplier invoices, ensuring validation of all landed cost components such as shipping, customs duties, taxes, and handling fees.
· Reconcile supplier statements and resolve any invoice discrepancies promptly.
· Generate customer invoices and actively follow up on overdue payments to ensure timely collections.
· Update AP and AR aging schedules daily, maintaining accurate records of outstanding balances.
· Apply customer and supplier payments to corresponding open invoices in the accounting system.
2. Financial Recording and Data Integrity:
· Record all financial transactions in the accounting system, ensuring accuracy and data integrity.
· Collaborate with procurement to track payments related to imports and customs, ensuring compliance with relevant regulations.
· Prepare cash flow forecasts for payables and receivables to aid in financial planning.
3. Cost Management and Analysis:
· Analyze and validate landed costs for imported raw materials, ensuring accurate product costing.
· Conduct cost-benefit analyses and provide financial insights to improve operational efficiency.
· Monitor and report on business costs, highlighting areas for potential cost savings
4. Financial Reporting and Compliance:
· Prepare monthly, quarterly, and annual management accounts, including profit and loss statements, balance sheets, and cash flow reports.
· Ensure compliance with internal policies and external regulatory requirements, including tax filings and audits.
Qualifications and Experience:
1. Bachelor’s degree in Accounting, Finance, or a related field.
2. Professional certification such as CPA (K), ACCA, or equivalent.
3. Minimum of 5 years of experience in a similar role within the manufacturing or FMCG industry.
4. Strong understanding of landed cost components and AP/AR best practices.
5. Proficient in accounting software and Microsoft Excel.
6. Excellent analytical skills and attention to detail.