Cost Manager at Wemy Industries Limited

Wemy Industries is one of the foremost indigenous and oldest established manufacturers in Lagos, Nigeria. We specialize in producing baby diapers, feminine sanitary napkins/pads, panty liners, adult diapers, maternity pads, under pads and baby wipes under the umbrella brand names of ‘Dr. Browns’ and ‘Nightingale’

We are recruiting to fill the position below:

Job Title: Cost Manager

Location: Lagos

Job Summary

• The Cost Manager is responsible for planning, monitoring, and controlling production and operational costs to ensure efficient use of resources and improved profitability.
• The role involves analyzing cost structures, implementing cost-reduction strategies, and supporting management with accurate financial insights for decision-making.

Key Responsibilities

• Develop, implement, and maintain cost control systems for manufacturing operations.
• Monitor raw material, labor, overhead, and production expenses to ensure budget compliance.
• Prepare and analyze cost reports, variance analysis, and performance summaries.
• Identify cost-saving opportunities and recommend process improvements.
• Support budgeting, forecasting, and financial planning activities.
• Work closely with production, procurement, and warehouse teams to optimize resource usage.
• Evaluate suppliers’ pricing and support negotiation processes.
• Ensure accurate product costing and pricing structures.
• Review inventory levels and minimize waste, losses, and inefficiencies.
• Ensure compliance with company policies, internal controls, and regulatory requirements.
• Provide management with timely and reliable financial insights.
• Support audits and financial reviews related to cost management.

Qualifications & Experience

• Bachelor’s Degree in Accounting, Finance, Economics, or related field.
• Professional certification (ICAN, ACCA, CIMA) is an advantage.
• 4 - 6 years’ experience in cost management or manufacturing finance.
• Strong knowledge of cost accounting and financial analysis.
• Proficiency in ERP systems and Microsoft Excel.
• Experience in FMCG or manufacturing environment preferred.

Application Closing Date
Not Specified.