• Application Deadline: Mon, 14 Feb 2022 00:00:00 GMT
• Position: Cost Accountant


• Job Type Full Time


• Qualification BA/BSc/HND


• Experience 6 years


• Location Oyo


• Job Field Finance / Accounting / Audit 
  

Industry: Manufacturing, Automotive

Location: Ibadan, Oyo.

Responsibilities

• Analyze manufacturing costs and prepare regular reports comparing standard costs to actual production costs. 


• Make estimates of new and proposed product costs. 


• Provide management with reports that specify and compare factors that affect prices and profitability of products or services. 


• Prepare actual vs. plan (budget) analysis; prepare various financial analysis related to manufacturing costs, inventory, and expense information 


• Set up new raw material, packaging; maintain periodic cost rolls/updates. 


• Analyze changes in product design, raw materials, manufacturing methods, or services provided, to determine effects on costs. 


• Analyze actual production costs and prepares periodic reports comparing standard costs to actual production costs. 


• Record cost information for use in controlling expenditures. 


• Recommend cost efficiencies in current and new product layouts. 


• Develop and maintain standard costs of finished goods and production components 


• Maintain and improve processes and controls associated with manufacturing costs and inventory valuation. 


• Develop standard costs, including labor and overhead rates each new year, based on budget.


• Review and analyze actual production cost vs. budget/standard and recommending changes/improvements.


• Analyze inventory and recommending reserves and corrective actions 

Requirements

• Bachelor’s Degree in Accounting, Finance, Economics or relevant fields.


• 4-5 years’ experience as a Cost Accountant, Cost Analyst, Accountant or similar role


• Thorough knowledge of accounting procedures


• In-depth understanding of Generally Accepted Accounting Principles (GAAP)/IFRS 


• Experience with accounting software, like FreshBooks and Zoho


• Computer literacy, MS Excel in particular (familiarity with VLOOKUPs and pivot tables)


• Excellent analytical skills with an attention to detail


• Strong time management skills


• Integrity, with an ability to handle confidential information