IFFCO
Finance Officer, Berbera, Somaliland
| Job Description | |
| Position Title: Finance Officer | Band: C1 |
| Business Group: Oil & Fats | Business: Oil & Fats |
| Department: Finance | Location: Berbera, Somaliland |
| Administrative Reporting: JM | Functional Reporting: AM |
| Date of Posting | 17-Jan-2024 |
| Deadline of Submission of Applications | 25-Jan-2024 |
| Job Summary (Brief about the job) |
| A competent professional with 3 to 5 years of relevant experience in cost accounting & budgeting. Responsible for performing all costing activities and ensure that product costing performed timely & accurately. Review the BOMs and Routing in ERP system on periodical basis. |
| Roles & Responsibilities |
| 1. Understand the production process accurately.
2. Preparation and review of Weighted average cost of Oils on weekly and monthly basis in ERP system with an assurance to provide correct view on SKU Costs 3. Preparation and review of landed cost for all imported materials and ensuring that custom duty charged/exempted correctly. 4. Reconciliation of Intercompany transactions and balances 5. Review of Inventory Ageing on timely manner to ensure the sufficient provision for non-moving inventory in accordance with Corporate guidelines. 6. Review & analyze Factory overhead cost 7. Prepare and provide costing of existing SKUs and new products, whenever it requires, to Sales Team on timely manner. 8. Preparation of Oil procurement tracker In line with Supplier Oil contract list to track and update the weightage average cost of Oils. 9. Tracking Insurance claim on inventory with assurance that insurance was claimed for all stock damages due to various reasons, and co-ordinate with insurance team for timely receipt of claims. 10. Review and alert the sales & marketing team where the SKUs are near to expiry. |
| Qualifications (Education – Technical Skills – Experience – Certificates) |
| Work Experience:
· 3 – 5 years of experience. Education: · Bachelors in accounting or Certification in ACCA |
| Competencies | ||
|
| KPIs |
|
• Accuracy in computation of Weighted average cost of Oils by tracking down oil procurement tracker • Preparation and analysis on SKU costing and Factory overhead • 100 Percent accuracy on transactions • Variance analysis & MIS reporting |
How to apply
We invite qualified and interested candidates to send their resume and application letter quoting the job title to Info@slseza.org.
Deadline of Submission of Applications 25-Jan-2024.
To apply for this job email your details to Info@slseza.org
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