Senior Accountant

Role & responsibilities

Managing day-to-day accounting operations, maintaining financial records, supporting month-end closing activities, and ensuring compliance with internal financial policies and statutory requirements. The role requires strong attention to detail, accuracy, and coordination with internal departments.

1. Core Accounting Operations

• Maintain accurate books of accounts as per accounting standards
• Record daily financial transactions including purchase, sales, receipts, payments, and journal entries
• Ensure proper accounting of manufacturing expenses and overheads

2. Costing & Manufacturing Finance

• Assist in preparation and monitoring of product costing (raw material, labour, overheads)
• Analyze production costs and identify cost-saving opportunities
• Support standard costing and variance analysis (material, labour, overhead variances)
• Track cost per unit and support pricing decisions

3. Inventory & Stock Accounting

• Maintain accurate inventory records in coordination with store/warehouse
• Reconcile physical stock with system records
• Monitor raw material consumption, WIP (Work in Progress), and finished goods valuation
• Assist in stock audits and cycle counts

4. Accounts Payable & Receivable

• Process supplier invoices related to raw materials, consumables, and services
• Ensure timely payments to vendors and reconciliation of accounts
• Monitor customer receivables and follow up for collections
• Maintain aging reports for payables and receivables

5. Financial Reporting & MIS

• Prepare monthly MIS reports including production cost reports and financial summaries
• Assist in preparation of profit & loss account and balance sheet
• Provide financial insights to management for operational decisions

6. Budgeting & Cost Control

• Assist in annual budgeting and production cost planning
• Track budget vs actual expenses and highlight deviations
• Support management in controlling manufacturing overheads

7. Audit & Compliance

• Ensure compliance with accounting standards and internal controls
• Support internal and external audits by providing required data
• Maintain proper documentation for audit readiness

8. Coordination with Departments

• Work closely with Production, Stores, Purchase, and HR departments
• Verify material usage, purchase orders, and job work records
• Ensure smooth financial flow across manufacturing operations

9. Key Skills & Requirements:

• Strong knowledge of cost accounting and inventory management
• Proficiency in MS Excel and accounting software (ERP, Tally, SAP preferred)
• Understanding of manufacturing processes and cost structures
• Strong analytical and reporting skills
• Attention to detail and accuracy

Preferred candidate profile

• Minimum 4 to 6 years of solid experience specifically within the Manufacturing sector.
• Prior professional experience in Africa is considered a significant advantage.
• Immediate Joiner