Inventory and Cost Accountant

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Company Details
Name:BasiGo
Industry: Logistics and Supply Chain
Description: BasiGo is an e-mobility start-up looking to revolutionize the public transportation sector by providing public transport bus owners with a cost-effective electric alternative to diesel. Headquartered in Nairobi, Kenya, our team is strategically composed of seasoned entrepreneurs who have spent overย a decade working and innovating within electric vehicle technology, mobility in Africa, and renewable energy financing. We are a team dedicated to creating an inclusive sustainable mobility revolution in Africa.
Job Description

About BasiGo

 

BasiGo is an early stage e-mobility start-up looking to revolutionize the public transportation sector by providing matatu owners with a cost effective electric alternative to diesel. We are seeking an exceptional detail-oriented, personable, Accounting professional to join our team as our Inventory and Cost Accountant. The Inventory and Cost Accountant will report to the Senior Accounting Manager.

 

You might like this job if: 

 

You’re passionate about working with and supporting high performing teams to do their best work.

 

You enjoy the challenge of working in a fast-paced, dynamic environment.

 

You’re an ambitious and self-driven multi-tasker, proactively finding solutions to problems that don't exist yet and support a growing start-up’s needs

 

You love Nairobi, and want to help clean up the city’s air

 

Inventory and Cost Accountant Position Summary and Responsibilities

 

Inventory Management and Accounting

 

In collaboration with the Admin team, develop the framework and processes to ensure accurate recording of all inventory movements, including receipts, issues, transfers, and returns.

 

Optimize inventory workflows to ensure regular stock reconciliations between physical inventory and system records.

 

Oversee periodic and ad hoc inventory counts; investigate, report, and resolve any variances.

 

Prepare regular inventory reports for management, including analysis and recommendations.

 

Recommend and implement internal controls to enhance inventory accuracy, workflow efficiency, and costing integrity.

 

 Cost Accounting and Analysis

 

Track and analyze costs associated with e-bus assembly and after-sales service operations, including materials, labor, and overhead.

 

Monitor labor costs across assembly and service activities, and ensure proper allocation to cost centers. For after-sales service, distinguish between billable and non-billable labor and apply appropriate mark-ups where applicable.

 

Support the month-end and year-end close processes, especially related to inventory and cost accounting journal entries.

 

Process and post accounting transactions as needed, including journal entries.

 

Prepare and update Bills of Materials (BOMs) and assist in the accurate and timely creation of manufacturing orders.

 

Produce monthly Cost of Goods Sold (COGS) reports and inventory valuation schedules.

 

Operational Finance Support

 

Prepare inventory-related reports and documentation for both internal and external stakeholders.

 

Collaborate with the stores, facilities, and admin teams to monitor inventory KPIs and drive continuous improvement in inventory accuracy and cost efficiency.

 

Provide detailed cost analysis to support pricing, budgeting, and procurement decisions.

 

Assist in the development and implementation of inventory and cost accounting policies and procedures.

 

Participate in ad hoc finance projects and support process improvement initiatives.

 

Compliance and Internal Controls

 

Ensure adherence to inventory control procedures, accounting policies, and statutory financial reporting standards.

 

Support the Senior Accounting Manager during statutory and internal audits.

 

Assist the finance team in implementing new financial systems, process improvements, and ERP enhancements related to inventory and cost accounting.

 

Our ideal candidate would have:

 

Required Experience & Qualifications

 

Bachelor’s degree in Accounting, Finance, or a related field; CPA/ACCA certification preferred.

 

At least 5 years of experience in inventory and cost accounting, ideally within manufacturing, assembly, or the automotive sector.

 

Solid knowledge of standard costing, inventory valuation methods (e.g., FIFO, weighted average), variance analysis, and cost allocation principles including labor and overhead.

 

Experience with CKD (completely knocked down) assembly and automotive parts inventory is a strong advantage.

 

Proficient in ERP and inventory management systems (e.g., SAP, Oracle, NetSuite), including preparation of Bills of Materials (BOMs) and manufacturing order costing.

 

Skills & Attitude

 

 Excellent analytical, problem-solving, and organizational skills.

 

 Excellent communication and cross-functional collaboration skills.

 

 Strong attention to detail and ability to work independently in a fast-paced environment.

 

 

 

Education: Degree, Diploma
Employment Type: Full Time
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