Job Description
Role Overview
- Oversee financial management, strategic planning, and risk management to drive business growth and profitability.
- The Cost Accountant meticulously tracks and analyzes all expenses while supporting strategic decision-making through financial insights.
Key Responsibilities
- Analyze and report financial performance. Prepare and review financial statements (balance sheet, income statement).
- Develop and maintain financial models and forecasts. Conduct variance analysis and identify areas for improvement.
- Develop and implement cost accounting systems. Track and analyze direct and indirect costs.
- Conduct cost-benefit analyses and recommend cost-saving opportunities.
- Develop and manage budgets. Prepare and review forecasts and analyze budget variances.
- Conduct sensitivity analysis and support financial planning.
- Develop and implement inventory management systems.
- Track and analyze inventory levels and recommend optimization strategies.
- Ensure compliance with accounting standards and regulations while identifying financial risks.
- Conduct special financial studies and analyses and implement process improvements.
- Provide financial support for strategic initiatives.
- Supervise and mentor cost accounting staff.
- Communicate financial results to management and non-financial stakeholders.
- Present financial information to senior management.
- Collaborate with other departments.
Educational Qualifications
- MSc, BSc or HND in Accounting.
Professional Certifications:
- Institute of Chartered Accountants of Nigeria (ICAN)
- Association of Chartered Certified Accountants (ACCA)
- Chartered Institute of Management Accountants (CIMA)
- Association of National Accountants of Nigeria (ANAN).
Experience Requirement:
- Minimum of 10 years relevant experience in accounting or financial management.