PFL is a member of Industrial Promotion Services (K) Ltd (IPS) group of companies, which is the industrial and infrastructure arm of the Aga Khan Fund for Economic Development (AKFED), an international development agency dedicated to promoting entrepreneurship and building economically sound enterprises in sub-Saharan Africa as well as Central and Southern Asia.
Read more about this company
Management Accountant
- Job TypeFull Time
- QualificationBA/BSc/HND , MBA/MSc/MA
- Experience6 years
- LocationNairobi
- Job FieldFinance / Accounting / Audit 
We are looking to hire a Management Accountant who will be based in Ruaraka, Nairobi County. The Management Accountant will be in charge of fixed assets and will be responsible for monitoring and advising management on the performance of the company in terms of costs and profitability and preparation of management accounts and reports.
The main duties and responsibilities for this position entails:-
- Prepare timely and accurate financial budgets and forecasts by consolidating individual departmental budgets.
- Analyze budget and other financial variances (such as product margins) and advise the Finance Manager accordingly.
- Maintenance of the Fixed Assets register and ensuring that the fixed assets file is up to date with relevant and accurate supporting documentation according to laid down procedure.
- Assist the Finance Manager in maintaining desired working capital levels.
- Prepare forecasts and projected future cash flows for the business on a rolling basis.
- Consolidate cost and revenues and extract management information for decision making.
- Analyze the business' financial and general operating information to identify trends and opportunities for development.
- Review investment proposals to determine their viability.
- Ensure that control procedures set are strictly adhered to at all times.
- Report any deviation to the Finance Manager immediately.
- Oversee the stock take exercise (including spares) and ensure accurate stock records (volume, quantity and weight) at all times. Investigate and promptly report on any variance.
- Issue monthly and yearly stock take instructions.
- Ensure physical verification and Authorize goods returned notes in accordance with laid down procedure before credit notes are issued to confirm validity and reasons of return.
- Conduct or course a staff to conduct surprise checks on loaded delivery vehicles to ensure that physical goods tally with sales documentation. This should be done at least once a week.
- Ensure that all costing (including Raw Materials, WIP, finished goods, and spares) are done and captured accurately.
- Prepare monthly management reports within the set deadline.
- Conduct financial analysis as required.
- Provide financial information to senior management, including budget reports and performance of Cost Centers.
- Evaluate non-financial indicators, such as stock turnover, quick ratio, debtor's ratios, cash ratios, profitability ratios, etc and report on their effect on businesses performance or profitability.
- Train and propose training programs for all staff reporting to you
- Ensure staff reporting to you are well skilled to provide high level services to the Company.
- Carry out quarterly performance reviews.
- Provide leadership to ensure maximum productivity and accuracy at all times.
The ideal candidate will have the following qualifications:-
- Bsc/BA in accounting, finance or relevant field
- MSc/MA is an added advantage
- CPA (K) or ACCA or other relevant qualification
- At least 6 years' experience 2 of which should be at managerial level
- Solid knowledge on management accounting analysis and forecasting.
Method of Application
Qualified and interested applicants should submit their application together with a detailed resume, copies of testimonials and a daytime telephone number via the email address hr@peptang.com by November 30, 2024.
