Cost Accountant at Graceco Limited Full Time

Graceco Limited is currently seeking for application from qualified applicants to fill the vacant position of Cost Accountant. interested and qualified applicants can apply via the details below

Graceco Limited is a food processing and manufacturing company with specialty in consumer goods and the production of input for bakers and the confectionery industries. We are a leader in confectioneries and baker’s items. Our success is powered by our world-class team of highly engaged and committed staff.

In our company you will have the opportunity to thrive in a fast-paced, strategic environment where bold, innovative thinking isn’t just welcomed, it’s encouraged. Across all functions, we relish the opportunity to help our people fulfil their potential. Our rapid expanding business means plenty of opportunities to step into the spotlight and acquire lifetime experience.

We are seeking competent, self motivated, hardworking and result driven professional to fill the position below:

Job Title: Cost Accountant

Location: Alagbado, Lagos
Employment Type: Full-time

Job Summary

• The position holder determines the actual cost associated with manufacturing products by looking at all expenses within the supply chain.
• The role involves budget preparation, profitability analysis, reviewing financial records, researching market rates for key business costs, providing data for stable budget developments, using software to allocate indirect costs to internal processes, detailed analysis of suitable cost drivers and evaluation of potential business ventures.
• Job location and working hours: The position is located at Alagbado Lagos, Nigeria. Working time is normally between 8:00 am – 5 pm Mondays to Fridays.

Detailed Job Description
Inventory:

• Coordinate physical inventory counts and cycle counts
• Investigate cycle counting variances and resolve issues
• Update standard costs in the bill of materials
• Review standard and actual costs for inaccuracies
• Validate the cost of goods sold as part of the month-end close
• Accumulate and apply overhead costs as required by generally accepted accounting principles
• Work with the materials review board to locate and dispose of obsolete inventory

Analysis:

• Conduct ongoing process constraint analyses
• Report on breakeven points by-products, work canters, and factories
• Report on margins by product and division
• Report on periodic variances and their causes, focusing on spending variances
• Analyze capital budgeting requests
• Perform cost accumulation tasks as a member of the target costing group

Others:

• Recommend standard costs of manufactured goods
• Developing and analysing cost standards
• Establishing costs of business processes such as administration, labour, logistic, etc.
• Performing account reconciliations
• Recommending changes to the company’s processes and policies to reduce cost and maximize profit
• Advising executives and upper management on appropriate costing based on financial data
• Supporting finance team with invoicing and capital expenditure
• Any other responsibility as may be assigned by the Finance & Control Director

Requisite Qualifications / Experience

• B.Sc in Accounting, Finance, or related courses.
• Relevant certification in Cost Accounting
• Minimum of 2 years of relevant experience in the manufacturing sector
• Experience working successfully with executive and senior management

Required Skills / Attributes:

• Strong time management, planning and analytical skills
• Extensive knowledge of accounting and management principles
• Strong computer usage skills, including proficiency in the Microsoft Office suite (Word, Excel, PowerPoint). Proficiency in Gmail and google tools preferred.
• Professional written and verbal communication skills, with excellent client-facing skills (external) and the ability to communicate at all levels within the organization (internal).
• Demonstrated conflict resolution skills.
• Ability to learn the business, be a team player and enjoy working in a team-oriented environment.
• Commitment to ethical behaviour with a willingness to adhere to all company policies and current financial legislation.
• Understands the need for confidentiality in sensitive employee situations and in other business instances, when required.
• An organized problem solver, able to prioritize effectively in a fast-paced environment.

Application Closing Date
24th June, 2022.

Method of Application
Interested and qualified candidates should send their CV to: [email protected] using “Cost Accountant” as the subject of the mail.