Production Cost Accountant at Unilever

Job description

MAIN JOB PURPOSE

As a member of the Finance Excellence Team, responsible to ensuring reliability and accuracy of all Product Cost Estimates for Raw/Packaging materials and Finished Goods for all East Africa countries. Proactively identify all costs, issues and risk involving stocks and inform on its impact on business results. Reconciliation of all critical financial control accounts related to this area of responsibility.

Job Summary

• Ensuring Bill of Materials (BOMs) are correct and current in the system, all the components in the BOM are active and have current prices, and the production versions are updated accordingly
• Coordinate the calculation of landed costs for bought ins, and provide these costs to the SA Costing team for release in the system.
• Coordinate the calculation of transfer prices by the South Africa Costing team for packs exported from Kenya for the quarterly Transfer Pricess; calculate TPs for packs and/or materials exported from Kenya on a need basis during the quarter.
• Analyse material usage variances for all manufacturing plants, sharing reports thereof and organising weekly meetings with stakeholders in order to obtain explanations and corrective actions. In addition, ensure that monthly reports on these variances are published per laid down processes.
• Analyse consumption purchasing price variances every month in SAP, investigating the causes of the variances, and correcting any areas that need corrections.
• Monitor stock values, analyse differences between standard and weighted average cost of stock and ensure reconciliation or correction and per policy.
• Work closely with the Procurement team to ensure that the prices they provide for RM, PM and 3rd Party materials have taken all factors affecting prices into consideration.

Key Requirements

• Must be a graduate of a Business Course, preferably with excellent Accounting background
• At least 1-3 years’ experience in Management Accounting in FMCG or similar industry
• Decision Support and Analytical Skills
• Performance Monitoring and Management of Business Planning Processes
• Good knowledge/hands on of an ERP system- SAP.