ARM Capital Partners, a wholly-owned subsidiary of Asset & Resource Management Company (ARM) Limited, is an institutional manager of PE funds. Currently, the Company is advising ARM PE Fund, a mid-market private equity fund, pursuing growth and expansion opportunities in Nigeria and, to a lesser extent, the rest of West Africa.
ARM is recruiting on behalf of its Investee Company; Boulos Food and Beverages, a food and beverage manufacturing firm based in Ibadan, Nigeria, to fill the position below:
POSITION : Cost Accountant
Job Summary
To maintain effective costing system across all the company’s supply chain process
To act as the costing expert and keeper of costing system for the organization
To provide timely, accurate and complete product costing for management account
Develop and enhance the cost accounting processes across the organization
Identify cost reduction opportunity for the organization
Documentation of cost accounting and inventory processes and procedures across the factories of the organization.
Reporting Relationships
Reports directly to the Head of Finance
Interact with the commercial team
Interact with the factory team and other supply chain team
Principal Accountabilities:
Maintain accurate and timely costing across all aspects of the production process and ensure that these consistently reflect the true picture. Ensure cost data is allocated correctly and take corrective action to resolve issues
Ensure that the Bill of Materials reflect correct usage levels and support investigations of any major variances with a view to resolution
Ensure that the material costs give an accurate picture of current costs, taking into account stock levels on hand
Coordinate and ensure effective month end close activities for both manufacturing and other supply chain activities
Effective analysis of material price variance between the budget and actual
Review current cost accounting processes/ controls and continuously seek to enhance the same
Document cost accounting and inventory processes/ procedures
Prepare relevant and actionable monthly reports
Ensure proper allocation of costs and variances into finished products.
Desired Skills and Experience
Qualifications:
Accounting or Finance Graduate;
Qualified Accountant (ICAN, ACCA) with 5-7yrs relevant experience;
Advanced computer skills specifically in Microsoft Excel and ERP Systems.
Technical/Professional Experience:
FMCG manufacturing experience required
Costing and stock accounting experience required
High volume multiple production environment with a proven track record of getting results
Must have strong analytical skills with particular attention to detail
Be self-motivated and self-directed, able and willing to take initiative
Have considerable interaction and involvement with all levels in other departments
Have an ability to work independently with attention to detail and the ability to work on multiple projects at a time is essential
Must be able to respond to changing circumstances.
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