Cost Accounting Officer
Taeillo
Lagos, NigeriaPosted Posted today
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Job description
Job Summary
- We are seeking an analytical and detail-oriented Cost Accountant with 2 - 3 years of experience in the manufacturing industry to manage production costing, inventory valuation, and cost control.
- The successful candidate will help monitor manufacturing expenses, minimize material wastage, improve cost efficiency, and provide accurate financial information to support business decisions.
Key Responsibilities
- Calculate and monitor product costs, including raw materials, direct labour, and manufacturing overheads.
- Prepare and maintain product costing sheets, bills of materials (BOM), and cost estimates.
- Track raw material consumption, production wastage, rework, and finished goods costs.
- Analyse actual production costs against budgets and standards, investigate variances, and recommend corrective actions.
- Reconcile inventory records and support the valuation of raw materials, work-in-progress, and finished goods.
- Collaborate with Production, Procurement, Warehouse, and Finance to ensure accurate cost records and material accountability.
- Prepare periodic cost reports, profitability analyses, and management reports.
- Identify cost-saving opportunities and support budgeting, forecasting, and month-end reporting.
Requirements
- HND/B.Sc. in Accounting, Finance, or a related discipline.
- 2 - 3 years of relevant experience, and experience in the manufacturing industry is mandatory.
- Practical experience in production costing, inventory accounting, cost analysis, and variance reporting.
- Proficiency in Microsoft Excel and accounting software or ERP systems.
- Knowledge of bills of materials, manufacturing overheads, and inventory valuation.
- Strong analytical skills, attention to detail, integrity, and problem-solving abilities.
- ICAN, ACCA, ANAN, or progress toward a professional qualification is an advantage.