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Management Accountant

Nairobi, Kenya
Company Details
Industry: Consulting
Description: CDL was founded in early 2003 by its current Managing Director Lucy Mmari.Within her 14 year tenure in a well established logistics company, She honed her skill in human resources management and thereafter started CDL.
Job Description

The Management Accountant is responsible for preparing, developing and analyzing key financial information to ensure that the company’s management makes well-informed decisions that ensures future stability, growth and profitability. The management Accountant will oversee the company’s financial reporting, forecasting, budgeting and analysis that includes maintaining financial policies and establishing effective communication channels to inform management on all aspects of company finance. Combining both accounting and management skills, the Management Accountant has overall accountability for preparing, developing and applying findings from financial reports. The Management Accountant reports to the Head of Finance.

Tasks and Responsibilities

  • Prepare monthly and yearly management accounts, including profit and loss statements, balance sheets, and cash flow statements.
  • Assist in the preparation of annual budgets and periodic forecasts. Compare, monitor and report on results achieved and budget variances, provide analysis and recommendations for corrective actions to management team or relevant business owners.
  • Analyze financial performance against key business metrics and document pertinent financial highlights that will enable management to determine progress against budgets. Analysis of Gross profit margin and administrative expenses per business unit.
  • Analyze costs, pricing, variables contributions, sales results and the company’s actual performance compared to the business plans. Conduct cost-benefit analysis and provide financial insights to improve operational efficiency.
  • Support strategic planning and decision-making by providing financial analysis.
  • Responsible for General Ledger Accounting, work closely with global process owners and ensure all financial accounting activities and processes are executed effectively and efficiently with appropriate controls and end to end view. Responsible for continuous audit of all accounts and records of the business.
  • Preparation of monthly statistics and landed cost of goods that enables business decision making by various stakeholders.
  • Maintenance and tagging of fixed assets and the asset register, proper stock take for efficient stock control and valuation.
  • Ensure integrity of financial data supplied by financial accounting team to other areas of the business and to external stakeholders.
  • Work closely with other departments to understand their financial needs and provide support as necessary.
  • Primary contact point for both internal and external auditors locally and from Germany in guidance of Financial Accounting & Reporting. Preparation of Audit schedules.
  • To continuously appraise economic landscape and changes in legislation that influences our client and interpret their effect upon business.
  • Assist in other areas within the department as and when required.

Requirements

  • Qualification, Experience, Behaviours & Skills
  • Bachelor’s degree and or MBA in Accounting/Finance or similar field.
  • Relevant Professional qualification – CPA, ACCA
  • Minimum 5 year's experience in a financial environment
  • Proficiency in Accounting software and financial analysis tools (e.g., SAP and/or S4Hana).
  • Advanced proficiency in MS office application
  • Strong knowledge of financial regulations and standards (IFRS, GAAP)
  • Excellent knowledge of cost accounting and reporting
  • Exceptional analytical and problem-solving skills
  • Strong attention to detail and accuracy
  • Ability to communicate complex financial information effectively to stakeholders
  • Ability to work independently and manage multiple deadlines.
Education: Degree, Diploma
Employment Type: Full Time

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