Factory Accountant at Nigeria Machine Tools Limited (NMTL)

Job Responsibilities

• Capitalization of Fixed Assets including all related documentation;
• Analysis and correction of ERP work order variances;
• Analysis of labor costs and overhead expenses each week, throughout the month in comparison vs. budget, forecast, prior month, and prior year;
• Daily Factory productivity calculation, analysis, and report;
• Month-end close process and related journal entry preparation;
• Assist Factory Controller in annual budget preparation and new standard cost setting (including work center rates);
• Management of petty cash disbursements and receipts/replenishments including miscellaneous sales to employees;
• Inventory Maintain accuracy in receiving, month-end paperwork, inventory adjustments, usage, and costing

Qualifications

• Bachelor's Degree in Accounting, Finance, and relevant Degree.
• Minimum of 5 years working experience
• Knowledge of accounting software (SAP).
• Manufacturing industry background preferred.
• Ability to work independently under minimal supervision.
• Ability to perform the job's essential functions typically acquired through 3 or more years of related experience.
• Ability to apply Generally Accepted Accounting Principles and Cost Accounting Standards knowledge.
• Must adapt to new and different computer programs and software to enable efficient data gathering and analysis.
• Ability to research, compile, analyze and interpret data.
• Experience with general ledger functions.
• Strong attention to detail and good analytical skills.
• Additional Certification (ICAN) is a plus.