Head of Costing Department at Wemy Industries Limited

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
3 years ago

Additional Details

Job ID
7189
Job Views
124

Job Description



Job Description



  • The Head of Costing must have excellent organizational and analytical skills.

  • He / She will be expected to be detailed oriented, knowledgeable on statistics, have strong problem-solving skills, work comfortably under pressure, and deliver on tight deadlines.


Job Responsibilities



  • Prepare, analyze and report weekly, monthly, quarterly, annually costs report analysis by product, by brand, by regions, by depots, by customer type, by departments, by units, by operation/function.

  • Prepare, analyze and report weekly, monthly, quarterly, annually gross margin analysis by product, by brand, by regions, by depots, by customer type.

  • Prepare, analyze and report weekly, monthly, quarterly KPIs, Inventory movement, inventory age/days.

  • Prepare, analyze and report weekly, monthly, quarterly factory/machine outputs.

  • Formulate and develop appropriate inventory level models.

  • Formulating and implanting appropriate enterprise-wide cost control and cost reduction measures and policies.

  • Formulating and implementing appropriate enterprise-wide cost classification, separation estimation and allocation policies and procedures.

  • Advising on the cost implications and consequences of business decisions.

  • Assist in month-end closing, prepare journal entries as necessary, analyze inventory evaluation, inventory roll forward.

  • Analyze cost accounting data and assist with cycle count/physical inventories.

  • Prepare detailed cost account analysis and reconcile sales, cost and inventory, liability accounts by customer type by regions.

  • Review and analyze inventory and margin reports, conduct research and perform analytical studies in regard to cost analysis and profitability.

  • Work in special projects as required.

  • Support and assist internal department reporting requirements such as audit schedules, tax schedules and others.

  • Ensure timely submission, accuracy and validity of inventory, gross margin schedules to Management.


Job Specification



  • Bachelor’s Degree or its equivalent in Accounting, Finance, Economics, or any other related discipline.

  • Relevant professional qualifications such as ICAN, ACA, ACCA will be an added advantage.

  • Minimum of Five (5) years relevant work experience.


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