Cost Accountant at Willers Solutions

Industry: Manufacturing, Automotive
Location: Ibadan, Oyo.

Responsibilities

• Analyze manufacturing costs and prepare regular reports comparing standard costs to actual production costs. 
• Make estimates of new and proposed product costs. 
• Provide management with reports that specify and compare factors that affect prices and profitability of products or services. 
• Prepare actual vs. plan (budget) analysis; prepare various financial analysis related to manufacturing costs, inventory, and expense information 
• Set up new raw material, packaging; maintain periodic cost rolls/updates. 
• Analyze changes in product design, raw materials, manufacturing methods, or services provided, to determine effects on costs. 
• Analyze actual production costs and prepares periodic reports comparing standard costs to actual production costs. 
• Record cost information for use in controlling expenditures. 
• Recommend cost efficiencies in current and new product layouts. 
• Develop and maintain standard costs of finished goods and production components 
• Maintain and improve processes and controls associated with manufacturing costs and inventory valuation. 
• Develop standard costs, including labor and overhead rates each new year, based on budget.
• Review and analyze actual production cost vs. budget/standard and recommending changes/improvements.
• Analyze inventory and recommending reserves and corrective actions 

Requirements

• Bachelor’s Degree in Accounting, Finance, Economics or relevant fields.
• 4-5 years’ experience as a Cost Accountant, Cost Analyst, Accountant or similar role
• Thorough knowledge of accounting procedures
• In-depth understanding of Generally Accepted Accounting Principles (GAAP)/IFRS 
• Experience with accounting software, like FreshBooks and Zoho
• Computer literacy, MS Excel in particular (familiarity with VLOOKUPs and pivot tables)
• Excellent analytical skills with an attention to detail
• Strong time management skills
• Integrity, with an ability to handle confidential information