Cost Accountant (QSR) at Uncle Stan's Foods (Small Chops)

Uncle Stan's Foods is a small chops company known for it's unique finger food taste all over Lagos. Our brand makes us unique.

We are recruiting to fill the position below:

Job Title: Cost Accountant (QSR)

Location: Lagos
Employment Type: Full-time

About the Role

• We are seeking to engage a cost accountant who is responsible for overseeing accounting functions such as processing incoming and outgoing payments and preparing financial reports for management decisions.
• The ideal candidate will ensure timely maintenance and accuracy of financial records and statements throughout the fiscal year.

Responsibilities
The specific responsibilities of the role include:

• Analyze production costs, materials, labor, and overhead to identify cost-saving opportunities.
• Evaluate cost-effectiveness of manufacturing processes and propose improvements.
• Collect and reconcile daily sales reports from all outlets.
• Ensure arithmetic accuracy of reports by checking and cross-checking figures.
• Monitor inventory turnover rates and recommend inventory optimization strategies.
• Collect weekly reports from the Production Manager, store keeper and procurement officer compare quantity produced versus units sold, and address discrepancies.
• Prepare and analyze cost reports for management, highlighting key findings and trends.
• Assist in the preparation of financial statements, including cost of goods sold (COGS) analysis.
• Manage accounts payables and receivables, maintaining an up-to-date billing system and financial records.
• Implement cost control measures to maximize profitability.
• Collaborate with cross-functional teams to identify cost reduction opportunities.
• Prepare invoices, payment schedules, and confirm proof of payments.
• Record and distribute petty cash, verifying documentation for entries.
• Identify and investigate discrepancies.
• Confirm legitimacy of invoices and reconcile discrepancies.
• Generate financial statements and reports detailing account statuses.
• Prepare weekly, monthly, quarterly, and annual financial reports.
• Perform any other tasks as assigned.

Requirements

• B.Sc / HND in Accounting, Finance or in related field.
• At least 2 years of experience in retail, food or related field.
• Good knowledge of accounting regulations and procedures.
• Advanced Microsoft Excel skills including Vlookups and pivot tables.
• Experience with general ledger functions.
• Strong attention to detail and good analytical skills.

Salary
N150,000 - N200,000 Monthly.

Application Closing Date
9th November, 2023.