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Full Time |
Ogun |
Posted 8 months ago |
We are recruiting to fill the position below:
Job Title: Cost Accountant
Location: Abeokuta, Ogun
Employment Type: Full-time
Job Summary
- We are looking to hire a Cost Accountant to join our accounting department.
- You will play a crucial rolein managing and analyzing the company’s costs to ensure effective financial planning and control.
- You will collaborate with various departments to gather and analyze data, assess cost variances, and provide insightful recommendations to improve operational efficiency.
- The ideal candidate should have a minimum of 5 years of experience in cost accounting, strong analytical skills, and a solid understanding of financial principles
Duties & Responsibilities
Cost Analysis:
- Conduct a detailed analysis of product costs,including direct materials, labor, and overhead, to identify cost-saving opportunities and improve profitability.
Variance Analysis:
- Monitor and analyze cost variances, providing explanations for any discrepancies between actual and budgeted costs.
Budgeting and Forecasting:
- Assist in the preparation of annual budgets and forecasts, working closely with cross-functional teams to ensure accurate and realistic financial projections.
Inventory Management:
- Collaborate with the inventory team to reconcile and analyze inventory levels, ensuring accuracy and identifying areas for improvement.
Process Improvement:
- Identify and implement process improvements related to cost accounting procedures, contributing to the overall efficiency of financial operations.
Financial Reporting:
- Prepare regular financial reports, including cost of goods sold (COGS) analysis, and present findings to management.
Compliance:
- Ensure compliance with accounting principles, company policies, and regulatory requirements related to cost accounting.
Requirements and Skills
- Bachelor’s Degree or HND in Accounting, Finance, or a related field.
- Proven experience of at least 5 years in cost accounting or related roles within the manufacturing or consumer goods industry.
- A Master’s Degree is an added advantage.
- Professional certificates (e.g., ACA, ACCA, & CIMA) is an added advantage.
- Strong knowledge of Cost Accounting.
- Solid understanding of accounting principles and cost control concepts.
- Proficiency in ERP systems and advanced Excel skills.
- Attention to detail, analytical mindset, and strong problem-solving abilities.
- Effective communication and collaboration skills to work across departments.
Application Closing Date
16th February, 2024.
Deadline: February 16, 2024
Job Features
Job Category | Cost Accountant |