Summary
Date Posted: Friday, November 29 2024, Base Salary: Not Disclosed

JOB DETAILS:
Job Title: Costing Accountant
Reports to: Accounting Manager
Department: Costing
Grade: P2

Job Purpose:
(one sentence describing the overall objective of the job and why the job exists)
Cost accountant will be responsible for: Planning, Studying, and collecting data to determine costs of business activity such as raw material purchases. inventory to drive our production line. Strict regulation over the costs of materials, supplies, machinery, shipping and other processes in the plant. Manage budget and Analyzing audits of costs and preparing report.

To account for the ongoing analysis of constraint, target costing projects, margin analysis, tracking cost back to underlying activities, construct and monitor cost effective data accumulation systems needed to provide appropriate level of costing information to management. Subordinate titles:

Key Accountabilities:
(main accountability statements in the form of verb/noun/results area – not list of tasks)
• Planning, Studying, and collecting data to determine costs of business activity such as raw material purchases, inventory and labor.
• Analyzing data collected and recording results
• 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
• Analyzing audits of costs and preparing reports
• Making estimates of new and proposed product costs
• Providing management with reports specifying and comparing factors affecting prices and profitability of products or services.
• Providing management with reports specifying and comparing factors affecting prices and profitability of products or services.
• Assisting in Month end close of the General Ledger
• Conducts physical inventories and monitors cycle count program
• Reconciles finished goods inventories
• Review purchase requisitions of power factory and tanks factory
• Review purchase orders of power factory and tanks factory.

HSE Responsibilities
Elsewedy Electric requires the active commitment to, and accountability for, QHSE from all employees and contractors. Line management has a leadership role in the communication and implementation of, and ensuring compliance with, QHSE policies and standards.

We are committed to:
• Protect, and strive for improvement of, the health, safety and security of our people at all times;
• Eliminate Quality non-conformances and HSE accidents;
• Ensure consistent and continuous compliance by all employees and vendors with safety and regulatory requirements, standards and protocols
• Responsible for creating safe work environment, manage risks and reduce exposure to liability
• Support line Management in managing HSE Incidents, corrective/preventive actions

Communication and working relationship:
Internal
• All departments
External
• Partners & Customers (Contractors, Consulting engineers, utilities)

Job Requirements:
Years of experience:
• Minimum: 2 Years
• Preferred: 5 Years

Academic Qualifications:
• Bachelor’s degree Finance/commerce/Accounting in or a relevant discipline.
• Professional Certificates:
• CPA is an added advantage
Language proficiency:
• English & Swahili

Computer skills:
• Microsoft Office

Work Hours: 8

Experience in Months: 24

Level of Education: Bachelor Degree

Job application procedure
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Disclaimer:
This list of responsibilities, accountabilities and working relation is not exhaustive, and the employee may be required to perform other duties in line with business requirements and at the direction.

*CAPEX: Capital expenditures are the funds that a business uses to purchase major physical goods or services to expand the company’s abilities to generate profits.

OPEX: An operating expense results from the ongoing costs a company pays to run its basic business.


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