Cost Accountant

Prime Foods and Beverages Nigeria Limited, is currently recruiting to fill the position below:

Job Title: Cost Accountant

Location: Ogun

Responsibilities

• Planning, Studying, and collecting data to determine costs of business activity such as raw material purchases, inventory and labour.
• Analyzing data collected and recording results
• Analyzing changes in product design, raw materials, manufacturing methods or services provided, to determine effects on cost
• Analyzing actual manufacturing costs and preparing periodic reports comparing standard costs to actual production costs
• Recording cost information for use in controlling expenditures
• Analyzing audits of costs and preparing reports
• Making estimates of new and proposed product costs
• Ensure timely submission, accuracy and validity of inventory, gross margin schedules to management
• Providing management with reports specifying and comparing factors affecting prices and profitability of products or services.
• Support and assist internal department reporting requirements such as audit schedules, tax schedules and others
• Maintaining Cost Accounting System
• Assisting in Month end close of the General Ledger
• Conducts physical inventories and monitors cycle count program
• Reconciles finished goods inventories
• Prepare, analyze and report weekly, monthly, quarterly gross margin analysis by brand by customer type
• Assist in month-end closing, prepare journal entries as necessary, analyze inventory evaluation, inventory roll forward
• Prepare collateral reporting
• Analyze cost accounting data and assist with cycle count/physical inventories
• Review and analyze inventory and margin reports, conduct research and perform analytical studies in regards to cost analyses and profitability
• Work in special projects as required

Qualifications

• B.Sc./HND in Accounting and must be ICAN or ACCA certified
• Minimum of 2 solid years of Cost Accounting in a Manufacturing Environment
• Must have a strong Cost systems background and have excellent analytical skills; sound understanding of accounting principles.
• Computer Literate, Proficiency in Excel and Microsoft Office products
• Proficient in Peachtree
• Experience working with manufacturing personnel on development and analysis of cost standards
• Ability to accurately prepare daily, weekly, monthly, quarterly and annual reports
• Ability to apply knowledge of Generally Accepted Accounting Principles & Cost Accounting Standards
• Must be able to adapt to new and different computer programs and software to enable efficient data gathering and analysis
• Good written, verbal communication and collaborative skills
• Ability to analyze and reconcile complex accounts and reserves
• Strong organizational and communication skills
• Detail oriented
• Food manufacturing industry background preferred
• Ability to work independently under minimal supervision