Cost Controller at a Logistics and Supply-chain Organization - Novella Africa Limited

Novella Africa Limited - Our client, a logistics and supply-chain organization, is recruiting to fill the position below:

Job Title: Cost Controller

Job Opening ID: ZR_118_JOB
Location: Lagos
Employment Type: Full-time
Industry: Logistics

Job Summary

• The Ideal candidate will be responsible for managing and reducing operational costs to increase profitability.
• Prepare budgets and track actual costs relative to the budget, identifying strategies to improve efficiency and reduce costs.

Responsibilities

• Financial Analysis, integration of cost estimates and forecasts provided by vendors and suppliers, and support of the cost-estimating process
• Responsible for controlling and monitoring total expenditures including verifying and checking invoices and claims from suppliers, vendors, and subcontractors to ensure that all business expenditures are captured and properly recorded
• Coordinating with other departments such as human resources, payroll, accounting, and finance to ensure that all costs are accurately tracked
• Supply cost information to operations at all levels to avoid spending in excess and develop an analysis that shows operations where to focus to reduce cost
• Prepare and implement comprehensive business plans to facilitate achievement by planning cost-effective operations and activities.
• Collecting and analyzing data related to an organization’s cost
• Presenting cost analysis results to management and making recommendations
• Performing the month-end close and forecast-related allocation activities
• Provide accurate up-to-date standard costing, working with production and master data team to ensure costing reflects appropriate BOMs and inventories
• Support Cost Controller activities and analysis and update cost breakdown structure according to existing cost estimates
• Execution of the allocation checks (inventory checks, service checks)
• Identifying cost-saving opportunities and implementing cost-reduction measures
• Preparing budget reports and financial forecasts
• Reviewing financial transactions and cost accounting to ensure accuracy
• Monitoring project budgets and ensuring they are adhered to
• Providing recommendations for cost efficiency to upper management
• Coordinating and implementing audits to ensure compliance with financial regulation
• Assist in the preparation of financial statements in compliance with official guidelines and requirements
• Implement consistent accounting policies, practices, and procedures across all programs, upholding federal, state, and local legal standards by remaining knowledgeable about existing, new, and future legislation

Requirements

• Bachelor's Degree in Accounting, Finance, or relevant study.
• Membership to any of the professional bodies ICAN, ACCA,
• Minimum of 5 years of experience as a Cost Controller, Cost Accountant, or a related role.
• Experience in Logistics and Supply chain industry
• Excellent understanding of cost accounting principles.
• Hands-on experience with accounting software, like Quickbooks or SAP.
• Excellent Financial Planning and Budgeting skills, Financial Analysis skills, Cash Flow Management, budgeting, forecasting, and data analysis.
• Strong analytical skills with attention to detail.
• Excellent time management skills with a proven ability to meet deadlines.
• Proficiency in Microsoft Office, particularly with Excel.

Application Closing Date
Not Specified.