Job Description

An accountant responsible for managing the company’s accounting operations, financial reporting, cost accounting, budgeting, inventory control, and compliance functions. The role requires extensive experience in manufacturing accounting, particularly in monitoring production costs, raw material consumption, inventory valuation, and financial performance analysis.

Key Responsibilities

Financial Accounting & Reporting

• Maintain complete and accurate accounting records in accordance with applicable accounting standards and company policies.
• Prepare monthly, quarterly, and annual financial statements.
• Manage general ledger activities and ensure proper recording of all financial transactions.
• Reconcile bank accounts, supplier accounts, customer accounts, and intercompany accounts.
• Prepare monthly management reports and financial performance analyses.
• Monitor cash flow and provide forecasts to management.

Cost Accounting & Manufacturing Operations

• Develop and maintain product costing systems for concrete products and related manufacturing operations.
• Analyze raw material consumption including cement, aggregates, pigments, additives, packaging, and other production inputs.
• Monitor production costs and identify cost-saving opportunities.
• Calculate and analyze product profitability by product line and customer segment.
• Conduct variance analysis between standard and actual production costs.
• Monitor manufacturing overhead allocation and production efficiency.
• Ensure accurate valuation of raw materials, work-in-progress, and finished goods inventories.

Inventory Management

• Supervise inventory accounting and stock control procedures.
• Coordinate periodic stock counts and physical inventory verification.
• Investigate inventory discrepancies and recommend corrective actions.
• Monitor inventory turnover and aging reports.
• Ensure proper recording of inventory movements within the ERP system.

Accounts Payable & Accounts Receivable

• Review supplier invoices and payment schedules.
• Monitor customer receivables and collection activities.
• Ensure timely payments to suppliers and service providers.
• Review customer credit limits and outstanding balances.
• Coordinate with sales and procurement departments regarding financial matters.

Budgeting & Financial Planning

• Assist in the preparation of annual budgets and forecasts.
• Monitor actual performance against approved budgets.
• Analyze financial trends and recommend corrective measures where necessary.
• Prepare profitability studies and investment evaluations.

Compliance & Audit

• Ensure compliance with local laws, tax regulations, and company policies.
• Coordinate with external auditors during annual audits.
• Prepare schedules and supporting documents for audits and regulatory inspections.
• Assist in implementing and maintaining internal controls.
• Ensure proper documentation and retention of accounting records.

Payroll & Administration Support

• Review payroll calculations and employee benefits accounting.
• Verify leave provisions, end-of-service benefits, and employee-related accruals.
• Support HR and administration departments on financial matters when required.

Management Support

• Provide financial analysis and recommendations to management.
• Assist management in strategic planning and operational decision-making.
• Prepare special financial reports and feasibility studies as requested.
• Participate in process improvement initiatives across the organization.