Future Options Consulting Ltd
Future Options Consulting Ltd
DEADLINE: Wednesday, April 12, 2023 at 12:00:00 AM
EDUCATIONAL LEVEL: Bachelor Degree
JOB LOCATION: Kampala
YEARS OF EXPERIENCE: 60
Knowledge, Skills & Competences
Proficiency with the use of MS- Office especially Excel is desirable.
Possession of working knowledge of SAP Business One ERP Systems is an added advantage.
Excellent Analytical and numerical Skills with utmost attention to details
Ability to independently plan and execute complex tasks while addressing daily/routine.
Ability to define problems, collect data, establish facts, and draw valid conclusions.
Discrete when dealing with confidential information.
Result-Oriented, proactive mindset with critical analysis of Information,
Excellent interpersonal skills with the ability to work in a team oriented and collaborative environment
Ensure accurate and efficient classification of all costs as per the Management Information system.
In charge of Inventory management updating the MIS with the latest unit cost for each inventory item and making adjustments to inventory units when need arises preferably after stock-takes or when variances are identified.
Maintaining an effective and sound Cost Accounting System under the Companys MIS.
Collect and analyse cost data to determine costs of running the business and advice accordingly on how these can be recovered through appropriate pricing models.
Responsible for all cost reviews and pricing updates in the accounting system and ensuring that all products/ services with their prices are updated as per guidance of Company policies & procedures at all times.
Working with heads of departments, be responsible for the financial appraisal of all new services/products before they are undertaken by management giving reports on your recommendations with comparatives in the industry.
Identifying and analyzing cost information to detect trends and propose control action.
Ensure that changes in production input costs, and labor and other direct/ indirect production costs are constantly monitored, captured and timely reported for quick decision making on pricing of products. This is to ensure that the Company attains a breakeven point on all products being offered at all times.
Analyzing profitability performance of various initiatives and products by the Company.
Responsible for providing management with reports specifying and comparative factors affecting prices and profitability of products.
Ensure accuracy of cost data in the accounting system (SAP MIS).
You will support colleagues in areas of system reconciliations, inventory counts and adjustments including ensuring that a monthly itemised inventory audit report reconciled to the General Ledger is availed to the Head of Department.
Generate and maintain regular management accounts for strategic decision-making by utilizing financial information (such as standard cost per unit, expenditure trends, sales trends, shared costs allocations, etc.), and preparing monthly strategic financial information in a timely manner
Drive the annual cost of sales budgets and overheads and commercial operating expenses.
Undertaking daily general ledger reviews to ensure general ledger data integrity. Investigate daily general ledger movements and report any anomalies to the Head of Finance.
Preparing periodic Performance reports including MIS Management accounts including commentaries and participate in the preparation of Board papers.
Support forecasts with finance and Administration to prepare annual budgets, monthly forecasts, and rolling forecasts /revised estimates for the different business units.
Investigating any key variances to the Budget, providing explanations, and recommending corrective actions.
Formulate budgets and quarterly forecasts for approval and suggest as well as implement cost optimization measures to improve the cost/ income ratio from time to time.
Prepare periodic (monthly/quarterly/annual/ad-hoc) financial statements, including profit and loss accounts, balance sheet reports and cash flows
The ideal candidate should hold a Bachelors Degree in Commerce, Business Administration or relevant discipline from a recognized University;
MUST possess Full professional accounting qualification in CPA, ACCA, CIMA or its equivalent
Details of experience
Must have a minimum of 5 years experience in a similar role with a busy and reputable manufacturing entity
Interested candidates who meet the minimum requirements should send details to; firstname.lastname@example.org not later than Wednesday 12th April 2023
Application deadline: 2023-04-12
Follow This Link To Apply: email@example.com
To apply for this job email your details to firstname.lastname@example.org