Cost & Management Accountant at Ascentech Services Limited

Role Summary

• Performs tasks like Costing; Pricing of Goods or Services; Supports the Inventory Process; Landed Cost, Labour, Raw Material and BOM Costing. Prepares, verifies or certifies Cost Accounting; Fixed Asset Accounting & prepares Budget Control Report.

Job Responsibilities

• Checking & approval of Stock Ledger Adjustment Journals.
• Developing cost Standards for Raw Materials.
• Monthly Review of products raw material usage variances & Reports.
• Reconciling beginning raw material, work in progress and finished goods stock.
• Analyzing production cost and recommending changes.
• Leda stock reconciliations, coordination of routine Physical Stock takes and Inventory cycle count
• Analysis of monthly products unit activities/performance and reports
• Presents monthly product profitability analysis reports
• Analysis of customers monthly performance reports
• Collects cost information, plan and record variable costs (e.g. purchases of raw material and operations costs).
• Monthly review of all the products costing (due to fluctuating costs of materials) before the preparation of monthly management accounts.
• Assists with the review and checking of all daily posting for accuracy – particularly Inventory.
• Preparation and posting of monthly Prepayments, accrual journals and other necessary journals to ensure completeness of final accounts.
• Monthly Budget into the system (SAGE).
• Preparation of monthly comprehensive Budgetary Control Income Statement.
• Preparation of monthly cash flow statement.
• Assists in budget input data analysis and final preparation of annual income statement, budget.
• Developing Depreciation schedules.

Person Specification

• Strong Communication, interpersonal, analytical and IT skills.
• Thorough knowledge of accounting procedure.
• In-depth understanding of Generally Accepted Accounting Principles (GAAP).
• Experience with accounting software, like SAGE.
• Computer literacy, MS Excel in particular (familiarity with VLLOUPS and pivot tables) and Enterprise Resource Planning (ERP) systems.
• Excellent analytical skills with attention to details.
• Strong time management skills.
• Able to analyze detail and summarize findings for higher Authorities.
• Integrity, with an ability to handle confidential information.

Requirements

• B.Sc or HND in Accounting.
• Professional Certification: ACCA, ICAN
• 3-4 years of experience in the manufacturing industry, pharmaceutical industry.
• Good communication skill.