Job Title: Cost Accountant
Organisation: NFT Consult Limited
Duty Station: Kampala, Uganda
About Organisation:
NFT Consult Limited is a business process outsourcing firm with offices in Uganda, South Africa, Kenya, Botswana Rwanda, Tanzania, Zambia, Burundi and South Sudan.
Job Summary: The Cost Accountant will conduct costing analysis and forecasting for management information in decision-making.
Key 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.
Qualifications, Skills and Experience:
- 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.
- Two years of 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:
All suitably qualified and interested candidates should apply online through the NFT jobs portal.
Deadline: 29th July 2024
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