Header---finance-and-accounting

Senior Cost Accountant - Direct Labour Nairobi Competitive Market Rate

Senior Cost Accountant - Direct Labour

Location: Nairobi |
Salary: Competitive Market Rate |
Posted: 10 Sep 2019 |
Closes: 23 Sep 2019 |
Job Type: Permanent & Full-time |
Business Unit: Kenya |
Region / Division: Africa |
Reference: G4S/TP/5086074/168629

Basic salary

Pension scheme

Medical cover

Group personal accident cover 


Job Introduction:

The key purpose of the role is work force capacity management which entails the dynamic and strategic management of future labour capacity requirements. The role will be required to:

  • Interact with Operations, Sales and Human Resources departments to plan for future capacity requirements; 
  • Streamline business processes between various departments to facilitate the production of coherent management information relating to direct labour; 
  • Review and analyse direct costs, with specific focus on direct labour cost by applying analysis and critical thinking to identify cost savings opportunities; 
  • Provide cost information to assist management with the calculation of costs for tenders and quotes.  


Role Responsibility:

  • Strategic planning of headcount requirement: interact with Operations, Sales and Human Resources departments to identify future capacity requirements
  • Analyzing actual headcount in relation to required headcount and deriving action plans for headcount management
  • Calculating the optimal wage cost for the business
  • Performing a monthly wage cost analysis to identify reasons for variances between optimal and actual cost
  • Distributing wage cost analysis to Operations, Sales, Finance and Human Resources
  • Deriving action plans for wage cost management  
  • Communicating plans to various stakeholders and tracking the implementation of these plans and actions
  • Scheduling of leave for direct Labour force in accordance with available leave balances
  • Maintaining and providing cost information to the Sales and Commercial departments for use in bids and quotes
  • Providing cost information to the sales teams for PI calculations and assist with calculation of optimal price increases (PIs)
  • Create, update and manage physical customer files with contracts, contract schedules, important correspondence, costings, quotations, etc.
  • Maintenance and distribution of the contract register for all service lines
  • Uploading financial packs relating to direct labour information
  • Responsible for the production of the monthly reconciliation of accounts receivable, operations (EasyRoster) and payroll (triangle balancing) to meet GFC standards
  • Provide budget input for direct labour costs and compare actual results to budget / forecast and identify reasons for variances
  • Provide assistance with developing business plans and models
  • Participate in the design/ development/ review/ implementation and monitoring of the departmental safety plans for each year.


The Ideal Candidate:

Qualification and Experience

  • Minimum B. Com degree in Finance / Cost Accounting / Management Accounting
  • 2 to 5 years financial management and/or cost accounting experience would be deemed suitable for the level of the position
  • Knowledge of Financial principles and practices
  • Knowledge of financial controls and audit standards
  • Deep understanding of accounting and ERP systems
  • Knowledge of how to perform reconciliations
  • Knowledge and/or understanding of different costing principles
  • Working knowledge around direct labour management preferred

Skills and Attributes

  • MS Office Computer skills (Excel Advanced)
  • Analytical skills
  • Working with complexity and large volumes of data
  • Planning and Coordination
  • Managing conflict
  • Delivering  efficiency
  • Delivering performance
  • Managing professionally
  • Time management
  • Awareness of the market environment
  • Acting professionally 
  • Driving change
  • Leading people
  • Customer thinking
  • Collaborating and coo-operating 
  • Working across function


About the Company:

G4S is the leading global integrated security company specialising in the provision of security products, services and solutions. The group is active in more than 110 countries, and is the largest employer quoted on the London Stock Exchange with over 623,000 employees and has a secondary stock exchange listing in Copenhagen. We specialise in outsourced business processes and facilities in sectors where security and safety risks are considered a strategic threat.

G4S in Africa:

G4S is the largest private sector employer and largest security company in Africa, with operations in more than 30 African countries and more than 122 000 employees on the continent. In Kenya, G4S employs more than 14,000 people and we have a presence in all major urban centers within the country.


Advanced Search: