DUTIES AND RESPONSIBILITIES

• Manage and control the company’s standard costing system, with responsibility for maintaining accurate standard costs across the entire product range, and reviewing and reporting on costs and variances
• Ensure month end reports are delivered accurately and on time, with explanations of key trends and variances
• Provide meaningful and accurate budgets and forecasts, manage all product costing, production and supply chain budgets and forecast cycles.
• Annual review and update of standard costings
• Monitor actual cost development, provide early warnings on deviations and advise on corrective actions
• Ensure reliability and integrity of accounting records (accounts and cost centers, capex vs opex)
• Create a high performing Finance team through leadership and individual/team development plans
• Responsible for Surprise/monthly/Yearly stock count
• Monitoring stock levels
• Coordinate yearly financial audit and work with Tax team related to any tax audit
• Prepare, review, control and validate Monthly Inventory Reporting and develop robust CAPEX tracking dashboard
• Review regularly the performance of our supply chain operations and develop key performance indicators to support effective decision making and cost saving programs
• In coordination with Finance teams, apply and put in place recommendations made by internal audit (or financial auditors) to guarantee compliance with financial standards and corporate governance.
• Proactively, provide relevant business support to optimize profitability: working capital, stock reduction, business case, ROI, profitability analysis, cost savings opportunities, ad-hoc analysis
• Monitor and analyze price pressure on manufacturing operations, to ensure we are continually understanding our cost of manufacturing in house and with 3rd parties
• Business Planning and Capital investment program management to ensure the most appropriate process, business case and post reviews
• Review of Capital Expenditure proposals and return on investment, with overall responsibility for fixed asset registers
• Prepare, review, control and validate Monthly Inventory Reporting and develop robust CAPEX tracking dashboard.
• Deliver the monthly financial report for the management including budget/forecast actual variance analysis and recommendations
• Process adherence on NAV system related to Stock, General ledger, accruals, reporting Fixed assets and related reconciliations

Job Requirements

COMPETENCIES: -

Functional competency

Functional knowledge of manufacturing finance, Inventory & cost accounting is a must with 5 to 7 years of experience with FMCG background. There should be 2 to 3 years of experience in supervisory role and handling a team of 4 to 8 people.

Other competencies

• Passion
• Teamwork
• Knowledge and Skills
• Integrity
• Ownership
• Planning and Organizing
• Influence
• Analytical Thinking

QUALIFICATIONS REQUIRED

Education

• MSc in Finance and Accounting/MBA /Part Qualified Accountant

Experience:

• 5-7 years financial, commercial & market experience in accounting/analytical roles with FMCG sector experience and experience of managing teams.  

Must have experience of:

• Business Performance evaluation
• Budgeting & Forecasting for multiple business units
• Good internal/external communicator being able to build strong relationships, influencing and presenting at a senior level  Desirable
• Working experience in Ethiopia
• Knowledge of local market environment & trends, government policy and regulatory requirements

How to Apply

Application instruction

Please title your application with subject line: -"Financial Controller - ASTCO "

Candidates meeting the above-required qualifications are invited to send their CV through   careers@54fmcg.com 

Only those applicants who meet the above criteria will be contacted for an interview.

Application deadline: November 26, 2020