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Cost Accountant job at NFT Consult

About the Organization

NFT Consult is a business process outsourcing firm with offices in Uganda, Kenya, Rwanda, Tanzania, Zambia, Burundi, South Sudan and UK.

We are an ISO 9001:2015 accredited Human Resource Management firm offering Recruitment, Manpower Outsourcing, Payroll and Provision of IT Enabled HR Solutions. We specialise in the Oil & Gas, Telcoms, IT and Financial Sectors and are located in Uganda, Kenya, Rwanda, Tanzania, Burundi, Zambia and South Sudan. Through the partnerships we have developed with our clients and firms offering similar services we are able to extend our services throughout Africa. We are committed to making a difference in our community through the relevant solutions we offer.

Job Description

The Cost Accountant will conduct costing analysis and forecasting for management information in decision-making.

Duties and Responsibilities

  • Plan, Study, and collect data to determine costs of business activities such as raw material purchases, inventory and labor.

  • Analyzing changes in product design, raw materials, manufacturing methods or services provided, to determine effects on cost.

  • Analyzing actual manufacturing costs and preparing periodic reports comparing standard costs to actual production costs.

  • Recording cost information for use in controlling expenditures.

  • Making cost estimates of new and proposed products.

  • Providing management with reports specifying and comparing factors affecting cost and profitability of products or services.

  • Assisting in the end of month close of the General Ledger.

  • Compile documentation on standard costs and company production costs.

  • Reviewing prices of products to keep them in line with the expected margins considering the changes in costs and market forces. Carry out costing for Special Order Products to determine a price to charge.

  • Prepare periodic Costing and Production Reports to analyze production performance and its effect on Product costs and Company expenditure.

  • Carry out cost center analysis and reporting to manage company costs against budget.

  • Establish and maintain a robust Activity Based Costing system to guide Financial Reporting and variance analysis.

  • Recommend and participate in the execution of process improvement projects.

  • Educate the operational and production teams on the management of costs and associated cost drivers.

  • Compile and present financial forecasts to assist planning & decision-making.

  • Prepare financial analysis for new ventures.

  • Analyze company project performance and ROI.

  • Conduct risk assessment and advise on ways to minimize financial risks.

  • Maintain the Cost Accounting System.

  • Construct data accumulation systems.

  • Maintain the Company’s ERP.

• Lead and supervise the costing team.

Qualification, Experiences and Competencies

  • Bachelor’s Degree (or equivalent) in BBA, B.COM, or an Accounting related field.

  • Aptitude to learn and adapt with a creative approach to problem-solving in a fast-moving environment.

  • At least 2 years’ experience in a similar position.

  • Excellent computer skills and a good understanding of SAP BI.

  • Confidence, Integrity, Trustworthy, Respectful, Team Player and Innovator.

How to Apply

APPLICATION FOR THIS POSITION MUST BE DONE ONLINE:
Are you interested? Click the "APPLY" button below to submit your application.

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