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Senior Accountant

Posted 5 months ago
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Description

Are you a skilled accountant with strong experience in costing and manufacturing finance? We are seeking a Senior Accountant to join our Nairobi-based manufacturing team. This is a high-impact role overseeing financial operations, driving profitability, and partnering with production and operations teams to optimize cost performance.

Key Responsibilities

1. Financial Reporting & Compliance

  • Prepare accurate and timely monthly management accounts, financial statements, and variance reports.

  • Ensure compliance with IFRS, Companies Act, and all relevant statutory regulations.

  • Coordinate external audit processes and implement audit recommendations.

  • Maintain robust internal controls to safeguard company assets.

2. Costing, Variance Analysis & Margin Improvement

  • Lead product costing, including raw materials, labour, and overhead allocation.

  • Perform standard vs. actual cost variance analysis and investigate root causes.

  • Identify cost-saving opportunities and work with operations to improve gross margins.

  • Update bill of materials (BOMs) and routings in coordination with production teams.

3. Managing Receivables, Payables & Cash Flow

  • Oversee accounts payable and receivable cycles to optimize working capital.

  • Monitor aging reports, follow up on overdue customer accounts, and manage supplier payment schedules.

  • Prepare cash flow forecasts and ensure sufficient liquidity for manufacturing operations.

4. Business Advisory & Financial Planning

  • Support budgeting, forecasting, and long-term financial planning processes.

  • Provide financial insights to management for pricing, make-or-buy decisions, and capital investments.

  • Analyze profitability by product line, customer, or distribution channel.

5. Cross-Functional Support with Production & Operations

  • Collaborate with production teams to track factory overheads and production efficiency.

  • Participate in stock takes and inventory valuation (FIFO/weighted average).

  • Liaise with procurement to monitor raw material price trends and supplier terms.

Key Requirements

Education & Certification

  • Bachelor's degree in Accounting, Finance, or related field.

  • CPA (K) or ACCA – mandatory and fully certified.

Experience

  • 4–7 years of progressive accounting experience, with at least 3 years in a manufacturing environment.

  • Strong expertise in cost accounting and inventory management (raw materials, WIP, finished goods).

  • Demonstrated experience with ERP systems (SAP, Oracle, Microsoft Dynamics, or similar).

  • Solid working knowledge of KRA VAT & tax compliance, including VAT returns, withholding tax, PAYE, and corporate tax.

Technical Competencies

  • Advanced Excel skills (pivot tables, lookups, financial modelling).

  • Understanding of manufacturing metrics (yield, scrap, efficiency, utilization).

  • Familiarity with Kenyan tax laws and eTIMS requirements.

Personal Attributes

  • Analytical thinker with keen attention to detail.

  • Proactive problem solver who can challenge costs constructively.

  • Strong communicator able to work cross-functionally with non-finance teams.

  • High level of integrity and ethical standards.

What We Offer

  • Competitive monthly salary of KES 200,000 – 250,000.

  • Opportunity to directly influence profitability and operational efficiency.

  • Exposure to ERP-driven manufacturing finance.

Job role insights

  • Date posted

    April 24, 2026

  • Closing date

    April 24, 2026

  • Hiring location

    Nairobi

  • Offered salary

    Ksh.200,000 - Ksh.250,000/month

  • Career level

    Middle Level

  • Qualification

    Bachelor Degree

  • Experience

    5 Years

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