Production / Cost Accountant at JOF Nigeria Limited

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: Production / Cost Accountant

Location: Agbara, Ogun State
Job Type: Full Time
Job Field: Production/Manufacturing

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.