Cost Accountant at Khenpro Global Services

Khenpro Global Services is a human capital organization based in Lagos, Nigeria. We provide human resources services to various clients in different sectors. Our Recruitment and Outsourcing Services have helped improve the efficiency and effectiveness of our clients' service delivery. Our main focus is to enhance client organizations by providing quality services on various aspects of their human resources, allowing the organization to focus on its core issues.

We are recruiting to fill the position below:

Job Title: Cost Accountant

Location: Lagos
Employment Type: Full-time

Job Summary

• The Cost & Inventory Accountant is responsible for monitoring, analysing, and reporting cost and inventory movements across production, central kitchen/ bakery, warehouse, and outlets.
• This role ensures accurate recording of raw materials, work-in-progress, finished goods, and wastage, while supporting cost control initiatives and ensuring compliance with internal processes for a fast-moving confectionery and QSR operation.

Key Responsibilities
Inventory Management & Reporting:

• Track inventory levels of raw materials, packaging, and finished products across factory, warehouse, and outlets.
• Conduct regular stock counts (daily/weekly/monthly) and reconcile variances with store, production, and outlet teams.
• Monitor and report daily product dispatches, returns, spoilages, and transfers.
• Maintain accurate inventory records and ensure FIFO/FEFO compliance.

Cost Accounting & Analysis:

• Maintain cost sheets and update standard recipes/BOMs for all menu items.
• Track production yield, ingredient usage, and variances vs standard recipes.
• Analyse production cost, labour cost, and overhead absorption to determine accurate unit costs.
• Monitor wastage, over-portioning, shrinkage, and recommend cost-saving measures.

Reporting & Compliance:

• Prepare daily, weekly, and monthly inventory & cost reports for management.
• Assist in month-end closing activities relating to stock valuation and COGS.
• Support internal and external audits by providing accurate cost/inventory data.
• Ensure compliance with company SOPs, hygiene standards, and financial controls.

Operational Collaboration:

• Work closely with production, supply chain, procurement, finance, and outlet teams.
• Support procurement with price monitoring and supplier cost analysis.
• Train outlet/store staff on documentation, stock controls, and inventory systems.

Qualifications

• B.Sc Degree / HND qualification in Accounting, Finance, or a related field.
• 2 - 4 years relevant experience in QSR, bakery / confectionery, FMCG, manufacturing, or retail environment.
• Proficiency in MS Excel; experience with POS, ERP, inventory or accounting software.
• Professional certification (ICAN/ACCA) is an advantage.

Key Skills & Competencies:

• Strong knowledge of inventory control & cost accounting principles.
• Excellent data analysis and reporting skills.
• High attention to accuracy and detail.
• Strong communication & cross-department collaboration skills.
• Ability to work under pressure in fast-paced environment.
• Integrity, discipline, and strong ethical values.

Personal Attributes:

• Highly analytical and organized.
• Honest and reliable.
• Proactive and process-driven.
• Strong sense of ownership and accountability.

Application Closing Date
31st December, 2025.