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Assistant Manager - Costing Full-time Job

1 week ago   Human Resources   Lagos   1 view Reference: mWZdPpLAdKg
Job Details

The ideal candidate will possess: A Bachelor's degree in Accounting or related field; Professional accounting certification (e.g., ACCA, ICAN); and A minimum of 5 years' experience in cost accounting or financial analysis within a manufacturing setting.

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Candidate MUST have Steel industry Experience

Responsibilities:

• Cost Accounting: Manage and oversee the cost accounting function, including the development of standard costs, analysis of cost variances, and preparation of cost reports.

• Inventory Management: Ensure accurate inventory valuation and reconciliation by implementing effective inventory control procedures.

• Budgeting and Forecasting: Assist in the preparation of annual budgets, quarterly forecasts, and long-range financial plans, providing insights and analysis on cost trends and performance.

• Variance Analysis: Conduct detailed analysis of cost variances (material, labor, overhead) to identify root causes and recommend corrective actions.

• Financial Reporting: Prepare timely and accurate financial reports, including cost of goods sold, gross margin analysis, and profitability reports for management review.

• Internal Controls: Develop and maintain robust internal controls over cost accounting processes to safeguard assets and ensure compliance with accounting standards and regulations.

• Continuous Improvement: Identify opportunities to streamline cost accounting processes, improve data accuracy, and enhance the overall efficiency of the finance department.

• Collaboration: Collaborate with other departments, such as operations, supply chain, and sales, to understand cost drivers and provide financial support for decision-making.

• Audit Support: Assist with internal and external audits by providing documentation, explanations, and insights related to cost accounting processes and controls.

• Mentoring: Mentor and train junior staff members, providing guidance and support to develop their skills and expertise in cost accounting.

• Analysis: Perform ad-hoc cost analysis and special projects as required by management.

Company Description
Sunflag Group is a diversified global conglomerate with a significant presence in the steel, mining, and real estate sectors. With a commitment to quality, innovation, and sustainability, the company operates in multiple countries and continues to expand its reach. We offer a dynamic work environment, opportunities for growth, and a chance to contribute to the company's success.