Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
1 year ago

Additional Details

Job ID
87134
Job Views
75

Job Description




  • As the Cost Accountant at ReelFruit, you will play a crucial role in 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.


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.


Educational Qualifications, Experience & Requirements



  • 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.


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