Cost Accountant at Ken-Next Ventures Nigeria Limited

Role Summary:

• The Cost Accountant will provide support to the finance department in managing cost-accounting records, preparing cost analysis reports, and ensuring compliance with company and industry standards. 

Key Responsibilities:

• Capture all cost elements related to imported goods (purchase price, freight, insurance, customs duty, clearing, warehousing, and internal logistics).
• Maintain a robust landed cost template to accurately allocate import costs to each consignment and product category.
• Value inventory (PPE items) in accordance with applicable standards (FIFO, weighted average, etc.) and ensure consistency with accounting policies.
• Reconcile physical stock counts with system balances and investigate variances.
• Track stock movement from orders through to customer delivery.
• Prepare periodic cost reports showing cost trends, variances, and gross margins by product line or  customer.
• Compare actual landed costs with standard or budgeted costs and explain variances.
• Support management in pricing decisions based on accurate cost data.
• Maintain and reconcile cost ledgers to ensure all cost transactions flow correctly into the financial accounts.
• Liaise with procurement and logistics teams to capture real-time shipping and clearing costs.
• Work with sales and warehouse teams to monitor inventory movement, aging, and obsolescence.
• Advise management on cost reduction opportunities (e.g., shipment consolidation, local sourcing).

Requirements:

• Minimum of a bachelor's degree in accounting, Finance or related field with
•  2-5years of experience in either a manufacturing company or an FMCG related firm.
• Strong numerical and analytical ability.
• Proficiency in Microsoft Excel and familiarity with accounting software.
• Excellent attention to detail and organizational skills.
• A proactive attitude and willingness to add value within a fast-paced environment.
• Professional certifications such as ICAN,ACCA or CIMA would be an added advantage.