Job Title: Programme Specialist – SME Finance and Business Development…
Fresher Cost Accountant Jobs – BondRich Advisory Group Ltd
Job Title: Cost Accountant (Fresher Jobs)
Organisation: BondRich Advisory Group Ltd
Duty Station: Kampala, Uganda
About US:
BondRich Advisory Group is a client-centered HR & Management Consultancy firm operating in Uganda. The firm was established with a mission to provide customized transformational solutions that suites the ever changing needs of our clients. We specialize in the provision of Human Resource and organizational development consultancy services to clients in both profit and non-profit sectors.
Our client, one of the major players in the manufacturing and distribution of Electrical products is looking for a self-driven and passionate individual to join the team as a Cost Accountant to oversee cost accounting operations. Under the supervision of the Accountant, the Cost Accountant is responsible for ensuring that the costing unit of the company is managed to the highest standards of business and compliance. The Cost Accountant will make an essential contribution to the success of Accounts office by carrying out the day-to-day financial costing transactions; aiming to work and inform the pricing and profit margins of the business.
Job Summary: The incumbent will bare the ultimate responsibility, for ensuring that costs are constantly managed according to best practice, and in compliance with company accounting policies and laws of the Republic of Uganda. In addition, the incumbent shall serve as the cashier, manage reception and offer customer care to walk in customers as well as attend to calls both internally and externally.
Key Duties and Responsibilities:
- Develop and maintain the cost accounting system, documents, and records of the organization.
- Create and maintain proper files for both soft and hard copies especially for imports
- Receive and file all documents relating to all imported and local raw materials and re-cost especially imports.
- Manage the archive of financial records, ensuring that documentation can be easily retrieved as required.
- Make timely and accurate cost assessments according to the Finance and Accounting policies and procedures, including but not limited to:
- Receive customer order inquiries and liaise with the Workshop Manager or any designated technical staff to assess the requirements necessary for any particular job.
- Analyze the data collected and log a detailed record of the results
- Analyze any changes in goods or services provided in order to determine what effect it has on the cost.
- Analyze and recommend costs and cost savings
- Use the latest updated material/ service cost list and derive the cost price of the job using the appropriate cost method.
- Communicate the cost price to the Marketing Manager who shall advise of profit margin percentage to apply.
- Issue quotation to customer and pursue Local Purchase Order (LPO)
- On receipt of LPO, issue Green map for production to commence.
- Analyze manufacturing costs and prepare regular reports comparing standard costs to actual production costs for every finished product/service
- Conduct physical inventories and monitor the cycle count program
- Prepare and complete internal cost audits by way of a variance analysis between the actual cost and earlier estimated cost per job then issue report.
- Provide management with reports that specify and compare factors that affect prices and profitability of products or services.
- Reconcile beginning raw materials, Work in Progress and finished goods
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Qualifications, Skills and Experience:
- The applicant should hold a Degree in Accounting, Finance or relevant field. A professional qualification such as CPA preferably level 2 is a bonus.
- Two years of experience of working in a busy environment.
- Knowledge of QuickBooks and Microsoft excel is essential.
- Good report writing skills;
- Confident, professional, and meticulous with a keen interest in the cost-efficient operations.
- Ability to work independently as well as in a team.
- Strong analytical and quantitative skills with accuracy and attention to detail
How to Apply:
All interested candidates should send their applications and updated CVs to: careers@bondrichadvisorygroup.com specifying the position applied for in the subject line. Applications can also be hand delivered to our Head Office Located on; Plot 103/104, Block 232 LICO Holdings-Kireka, Jinja Road Opp. Shell. P .O. Box 37768, Kampala-Uganda Tel: 0393-248708
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