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  • Posted: Apr 7, 2021
    Deadline: Not specified
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  • Flour Mills of Nigeria Plc was incorporated in September 1960 as a private limited liability company, and commenced operations in 1962 with an installed capacity of 600 metric tons per day. The Company was converted to a public limited liability company in 1978, and its shares were subsequently listed on The Nigerian Stock Exchange. In its 54 year history...
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    Cost Management Specialist

    The Job

    • Work with relevant stakeholders and a small team to aggressively and sustainably drive cost reduction and efficiency improvement initiatives across the FMN group.  She/he will play an instrumental role in various change management programs and, in general, act as an agent of change always with a focus on cost reduction/productivity improvement.
    • Provide deep and actionable insights into the current cost base/structure supported by clear and accurate analytics and metrics.  Helps line managers understand and act upon such metrics.
    • Conceive, advocate and drive short-, medium-, and long-term cost optimization initiatives by introducing rolling annual and 5-year programs
    • Coordinate and proactively monitor all cost optimization projects by utilizing easy-to-understand, actionable, reports and dashboards.
    • Facilitate adoption of cost avoidance strategies and best practices by providing toolkits and guidance to cost reduction and efficiency improvement.
    • Continuously identify opportunities to reduce cost, improve productivity/efficiency, and advocate the same to relevant stakeholders.
    • Foster a continuous improvement and cost avoidance culture across all FMN business(es).

    The Person Must:

    • Ensure percentage variance of actual direct and indirect cost to the budget.
    • Ensure percent of cost optimization projects completed on time, within scope, and budget.
    • Must have data accuracy.

    Qualifications

    • First Degree preferably in the fields of Engineering, Management, Business Administration, Computer Science, Operations Research, Organisational Behaviour, Mathematics or Finance.
    • A Master's Degree in any of the above or related fields and/or an MBA would be a plus.
    • Professional qualifications such as ICAN or ACCA or CFA are a plus advanced finance competency and numeracy are expected. Mastery of software applications such MS Excel, PowerPoint, etc is essential. Some familiarity with ERPs would be a plus.

    Experience:

    • Minimum of 5 years of relevant experience with a major manufacturing player or a top-notch management or technology consultancy firm.

    Method of Application

    Interested and qualified? Go to Flour Mills Of Nigeria Plc. on www.dragnetnigeria.com to apply

    Note: Never pay for any training, certificate, assessment, or testing to the recruiter.

  • Send your application

    Back To Home View All Vacancies at Flour Mills Of Nigeria Plc.
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