Overall Objective of the Job
Reporting to the Country Finance Manager, the position will maintain cost information on the products the company is producing and provide management controls of operations based on the standard cost method which includes variance reporting by Go-down, by Machine, by Mold and by SKUs. The role will be responsible for planning, studying, and collecting data to determine costs of business activity such as raw material purchases, inventory and labor as well as analyzing actual manufacturing costs and preparing periodic reports comparing standard costs to actual production costs.
Responsibilities
Planning, studying, and collecting data to determine costs of business activity such as raw material purchases, inventory and labor
Analyzing data collected and recording results while providing management with reports specifying and comparing factors affecting prices and profitability of products or services
Analyzing changes in product design, raw materials, manufacturing methods or services provided, to determine effects on cost
Analyzing actual manufacturing costs and preparing periodic reports comparing standard costs to actual production costs
Making estimates of new and proposed product costs
Responsible to check and reconcile manufacturing variances and yields analysis and interpretation of cost variances on a monthly basis
Prepare detailed cost reports for manufacturing, identifying key overspends and variances and identifying opportunities of improvements
Review and recalculate raw material, finished goods and other base costs and determine impact to business by applying changes
Maintaining Cost Accounting System
Assisting in Month end close of the General Ledger
Conducts physical inventories and monitors cycle count program
Reconciles finished goods inventories
Qualifications
Bachelor’s degree in Commerce (Accounting/Finance Option), Business Management
(Accounting/Finance Option), Economics, or equivalent qualification from a recognized Institution
Qualified Accountant (CPA (K), ACCA, or equivalent) are a mandatory requirement
Be registered with a professional body such as ICPAK, ACCA etc.
Knowledge and Experience
At least 3 years of cost accounting in a busy Manufacturing/ FMCG environment.
In depth understanding of manufacturing/ FMCG processes
Good knowledge of SAP R3 accounting software
Demonstrated professional competence and administrative capability as reflected in work performance and results
Strong financial and accounting knowledge (IFRS)
Financial analysis experience
Functional Skills
Strong analytical skills and attention to detail— Synthesizes complex or diverse information; collects and researches data; uses intuition and experience to complement data
Aptitude in decision-making and working with numbers
Ability to multitask, prioritize, and manage time efficiently
Ability to work well with management and staff at all levels
Trend analysis
Personal Qualities
Ability to work under pressure
Excellent communication and interpersonal skills.
Demonstrate meticulous attention to detail
Extremely well organized and self-directed individual with sound technical skills, and analytical ability
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