Job Description
Purpose of Role
Performs tasks like Costing; Pricing of Goods or Services; Supports the Inventory Process; Landed Cost, Labour, Raw Material and BOM Costing. Prepares, verifies or certifies Cost Accounting; Fixed Asset Accounting & prepares Budget Control Report.
Responsibilities
- Checking & approval of Stock Ledger Adjustment Journals
- Developing cost Standards for Raw Materials
- Monthly Review of products raw material usage variances & reports
- Reconciling beginning raw material, work in progress and finished goods stock
- Analyzing production cost and recommending changes
- Leda stock reconciliations, coordination of routine Physical Stock takes and Inventory cycle count
- Analysis of monthly products unit activities/performance and reports
- Presents monthly product profitability analysis reports
- Analysis of customers monthly performance reports
- Collects cost information, plan and record variable costs (e.g. purchases of raw material and operations costs)
- Monthly review of all the products costing (due to fluctuating costs of materials) before the preparation of monthly management accounts
- Assists with the review and checking of all daily posting for accuracy – particularly Inventory
- Preparation and posting of monthly Prepayments, accrual journals and other necessary journals to ensure completeness of final accounts.
- Monthly Budget into the system (SAGE)
- Preparation of monthly comprehensive Budgetary Control Income Statement
- Preparation of monthly cash flow statement
- Assists in budget input data analysis and final preparation of annual income statement, budget
- Developing Depreciation schedules
Qualifications
- Candidate must have at least 3 years of cognate experience in this specific task area of Accountancy (i.e. Cost & Management Account) in manufacturing sector generally and Pharmaceutical industry particularly.
- Minimum of Bachelor’s Degree or HND in Accounting from a reputable institution. Post Graduate degree will be an added advantage.
- Professional Certification: ACCA, ICAN
- Strong Communication, interpersonal, analytical and IT skills.
- Thorough knowledge of accounting procedure.
- In-depth understanding of Generally Accepted Accounting Principles (GAAP).
- Experience with accounting software, like SAGE.
- Computer literacy, MS Excel in particular (familiarity with VLLOUPS and pivot tables) and Enterprise Resource Planning (ERP) systems.
- Excellent analytical skills with attention to details.
- Strong time management skills.
- Able to analyze detail and summarize findings for higher Authorities.
- Integrity, with an ability to handle confidential information.