Job Purpose:

As the Head Accountant, you'll be at the heart of our financial operations, ensuring accuracy and efficiency in all accounting processes. Your responsibilities will encompass financial reporting and analysis to support strategic decision-making. With your meticulous attention to detail and expertise in financial management, you'll contribute significantly to Hydro Aluminum's success and sustainability.

Duties and responsibilities:

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  Compliance: Ensuring compliance with accounting standards, internal policies, and regulatory requirements related to fixed asset management.
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  Prepare monthly financial statements by general ledger reconciliations.
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  Maintaining support documentation for all expenses.
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  Intercompany reconciliations.
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  Monitor and analyze expenses in the different hubs.
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  Liaise with the Head of Finance in the annual budget preparation.
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  Tax computations on I tax and payments.
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  Payments of suppliers in the country and follow-up of receivables.
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  Efficiently manage all external contracts (Suppliers, receivables) to ensure that all the Company’s expenditure is correctly authorized and accounted for.
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  Invoicing customers, maintaining customer statements and monthly payments reconciliation.
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  Ensure efficient and effective financial control systems and reporting mechanisms are in place. Ensure compliance with all relevant tax laws, regulations, and reporting requirements.
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  Inform the team of the changes made in the statutory deductions (housing levy, NSSF, NHIF) and ensure that pay space also captures the changes correctly in case of any issues follow up with pay space support.

Cost Management

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  Preparation of monthly Manufacturing cost report.
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  Monitoring of Standard cost deviations & Variance analysis.
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  Overseeing & analyzing production Bill of Materials & Variances.
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  Implementation of material & Transformational standard cost.
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  Preparation of Cost of Goods Manufactured (COGM) & Cost of Goods Sold (COGS) reports.
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  Preparation of monthly operations cost variance analysis report for all Fixed & Variable cost line items.
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  Review of all manufacturing GL postings to ensure correctness of postings and recommend any reallocations that needs to be done.
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  Regular review of costs for all external inventory, labor & material purchase price variance (PPV)
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  Analyze & recommend cost & cost saving areas.
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  Project costing from initial stage to implementation & recommend best cost-efficient scenarios the company can take.
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  Preparation of monthly cost matrix reports to help the management in decision making.

Tax

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  E-tim monthly reconciliations.
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  Filing monthly deductions to the relevant bodies and compliance certificates.

External Relationships, Annual Audits

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  Develop and manage relationships with suppliers including banks and auditors.
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  Taking part in the annual audit and coordinating with the external auditors.

Requirements

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  Bachelor's degree in Accounting, Finance, Economics, or a related field.
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  Professional Accounting certification (CPA, ACCA)
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  Proficient in using ERP systems, preferably Oracle.
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  Proficient in MS Office applications, particularly MS Excel.
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  At least 5 years of experience, in an accounting role preferably Manufacturing Industry Proficiency in accounting software such as QuickBooks, SAP, or Oracle,
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  Strong understanding of accounting principles, financial regulations, and standards (e.g., GAAP or IFRS)
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  Meticulousness in reviewing financial records, and preparing accurate reports.

Benefits

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  Competitive salary aligned with the market standards.
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  Opportunities for training and career development.
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  Working in a company that is making a tangible impact on environmental sustainability in Kenya and in the world.