Cost Management Specialist

7 days ago


Nairobi, Nairobi Area, Kenya Orchid HR Full time
Job Overview

The Cost Accountant will play a crucial role in enhancing the financial performance of Orchid HR by analyzing costs, improving processes, and optimizing inventory management. This is an exciting opportunity to join a dynamic team and contribute to the company's success.

Key Responsibilities
  • Analyze the cost structure of construction materials, including procurement, storage, and distribution expenses.
  • Evaluate direct and indirect costs associated with multi-location store operations.
  • Prepare detailed cost reports and identify key areas of inefficiency or overspending.

Inventory and Pricing Management

  • Assess inventory valuation methods (e.g., FIFO, LIFO, Weighted Average) to ensure accuracy.
  • Conduct an inventory cost audit across all store locations to identify discrepancies or shrinkage.
  • Develop and recommend pricing strategies to optimize profit margins while staying competitive.

Budgeting and Forecasting

  • Collaborate with finance and operations teams to review current budgets and forecasts.
  • Develop a cost-focused budget plan for materials, labor, and overheads.
  • Provide financial modelling to predict future costs based on trends and operational changes.

Technical Skills

  • Proficiency in accounting software (e.g., Quick Books, SAP, or Oracle).
  • Advanced knowledge of Microsoft Excel for financial modeling, cost analysis, and reporting.
  • Strong understanding of inventory management, cost control, and pricing strategies.


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