Cost Management Specialist at Flour Mills of Nigeria Plc

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.