Cost Accountant at ReelFruit

• As the Cost Accountant at ReelFruit, you will play a crucial role in managing and analyzing the company's costs to ensure effective financial planning and control.
• You will collaborate with various departments to gather and analyze data, assess cost variances, and provide insightful recommendations to improve operational efficiency.

Cost Analysis

• Conduct a detailed analysis of product costs, including direct materials, labor, and overhead, to identify cost-saving opportunities and improve profitability.

Variance Analysis

• Monitor and analyze cost variances, providing explanations for any discrepancies between actual and budgeted costs.

Budgeting and Forecasting

• Assist in the preparation of annual budgets and forecasts, working closely with cross-functional teams to ensure accurate and realistic financial projections.

Inventory Management

• Collaborate with the inventory team to reconcile and analyze inventory levels, ensuring accuracy and identifying areas for improvement.

Process Improvement

• Identify and implement process improvements related to cost accounting procedures, contributing to the overall efficiency of financial operations.

Financial Reporting

• Prepare regular financial reports, including cost of goods sold (COGS) analysis, and present findings to management.

Compliance

• Ensure compliance with accounting principles, company policies, and regulatory requirements related to cost accounting.

Educational Qualifications, Experience & Requirements

• Bachelor’s degree or HND in Accounting, Finance, or a related field.
• Proven experience of at least 5 years in cost accounting or related roles within the manufacturing or consumer goods industry.
• A master’s degree is an added advantage.
• Professional certificates (e.g., ACA, ACCA, & CIMA) is an added advantage.
• Strong knowledge of Cost Accounting.
• Solid understanding of accounting principles and cost control concepts.
• Proficiency in ERP systems and advanced Excel skills.
• Attention to detail, analytical mindset, and strong problem-solving abilities.
• Effective communication and collaboration skills to work across departments.