Cost Accountant at JOF Nigeria Limited

Posted on Mon 28th Sep, 2020 - www.hotnigerianjobs.com --- (0 comments)

JOF Nigeria Limited is an Integrated Logistics Services Provider with subsidiaries in properties and investments portfolios founded in 1993. The company has grown into a formidable trading, importation and distribution-operations supply chain business that partners largely with multinational companies in the food and beverages industry.

We are recruiting to fill the position below:

Job Title: Cost Accountant

Location: Agbara, Ogun State
Employment Type: Full Time

Job Role

  • Preparation of monthly production cost analysis and determination of cost per unit and comparison with standard.
  • Oversee the cost of sales and inventory general ledger
  • Analyze the finished products in terms of raw materials, labour and production overheads.
  • Fix the standard of costs for all inventories taking into consideration landed costs, import duties, clearing charges and transportation costs
  • Analyze purchase price variance, usage variance and review of standard cost on periodic basis.
  • Evaluate raw materials consumption in terms of actual production yield and state the areas of waste.
  • Liaise with external auditors for an efficient and effective annual audit
  • Manage cost centers, cost elements, purchase request, purchase orders and production planned orders on SAGE.
  • Prepare detailed analysis of Cost Of Goods Sold (COGS) and Cost of Goods Manufactured (COGM) monthly
  • Implement periodic stock valuation on SAGE
  • Conduct end of month processing including closing and opening of new accounting and material period.
  • Execute cost roll-up whenever the bill of materials is updated or new products are introduced
  • Manage the production life cycle and monitor the back-flushing system on SAGE
  • Implement the monthly stock-taking exercise and reconciliation of physical stock with the system using physical inventory process.
  • Provide management with a comprehensive report specifying and comparing factors affecting prices and profitability of products or services.
  • Analyze manufacturing variances (Budgeted vs. Actual)
  • Provide management information to the Factory management (experience in areas of product costing, capex).
  • Identify cost and asset utilization improvement opportunities, and co-development of solutions.
  • Assists in providing Supply Chain factory information required for forecasting and strategic planning to the finance department.

Qualifications

  • HND / Bachelor's Degree in Accounting, Economics and/or Business Administration.
  • 5-8 years post NYSC experience in Production and Cost Accounting in a manufacturing environment'
  • Relevant professional qualification(s) will be an added advantage.

Key Skills:

  • Aptitude and analytical skills.
  • Time management skills
  • Strong ethics with an ability to manage confidential data
  • Effective data presentation and report writing
  • Excellent organizational, problem solving and communication skills.
  • Excellent relationship management.
  • Result and service oriented

Application Closing Date
9th October, 2020.

How to Apply
Interested and qualified candidates should send their Resumes to: [email protected] indicating the "Job Title" as subject of the email.