Cost Controller at Newrest Nigeria EPZE

Newrest Nigeria EPZE is a specialist in out-of-home food service, it is the only major Catering company active in all Catering and related Hospitality segments: Airline Catering, Buy-on-Board, Duty-free on Board, Contract Catering, Remote Site and Support Services, Rail Catering, Airport and Motorway Retail Concession. With an employee base of over 29,500 employees world-wide in 57 countries, Newrest offers career opportunities within a Group that is constantly looking for new talents for our numerous subsidiaries spread out on five continents. Join Newrest to participate in an exciting entrepreneurial adventure offering unique career opportunities.

We are recruiting to fill the position below:

Job Title: Cost Controller

Location: Airport Road, Lagos
Employment Type: Full-time

Responsibilities
Core Accountng Functions:

• Thinks creatively and practically to develop, execute and implement new business plans
• The position holder determines the actual cost associated with food production by looking at all expenses within the supply chain.
• Protects and strengthens our competitive advantage by advocating and supporting sound business and financial decision making.
• Implements a system of appropriate controls to manage business risks.
• Utilizes interpersonal and communication skills to lead, influence, and encourage others; advocates sound financial/business decision making; demonstrates honesty/integrity; leads by example.
• Understands the owners' perspective and ROI expectations.

Reporting and Analysis:

• Analyzes financial data and market trends.
• Conduct ongoing process constraint analyses
• Assists in analyzing information, forecasts sales against expenses and creates annual budget plans.
• Report on margins by product and division
• Compiles information, analyzes and monitors actual sales against projected sales.
• Analyzes differences between actual budget wages and forecasted wages for more efficient budget planning.
• Submits reports in a timely manner, ensuring delivery deadlines.
• Ensures Profits and Losses are documented accurately.
• Reviews audit issues to ensure accuracy.

Inventory:

• Coordinate physical inventory counts and cycle counts
• Investigate cycle counting variances and resolve issues
• Update standard costs in the bill of materials, review standard and actual costs for inaccuracies
• Validate the cost of food produced and sold as part of the month-end close
• Accumulate and apply overhead costs as required by generally accepted accounting principles
• Work with the materials review board to locate and dispose of obsolete inventory.

Others:

• Anticipates and addresses owner needs and involves ownership in key decisions.
• Facilitates critique meetings to review information with management team.
• Attends meetings and communicates with the owners, understanding the priorities and strategic focus.
• The position holder determines the actual cost associated with food production by looking at all expenses within the supply chain.

Requirements

• Candidates should possess a Bachelor's Degree / HND qualification with a minimum of 7 years experience. 

Application Closing Date
30th September, 2022.