Head of Costing Department at Wemy Industries Limited

Job Description

• The Head of Costing must have excellent organizational and analytical skills.
• He / She will be expected to be detailed oriented, knowledgeable on statistics, have strong problem-solving skills, work comfortably under pressure, and deliver on tight deadlines.

Job Responsibilities

• Prepare, analyze and report weekly, monthly, quarterly, annually costs report analysis by product, by brand, by regions, by depots, by customer type, by departments, by units, by operation/function.
• Prepare, analyze and report weekly, monthly, quarterly, annually gross margin analysis by product, by brand, by regions, by depots, by customer type.
• Prepare, analyze and report weekly, monthly, quarterly KPIs, Inventory movement, inventory age/days.
• Prepare, analyze and report weekly, monthly, quarterly factory/machine outputs.
• Formulate and develop appropriate inventory level models.
• Formulating and implanting appropriate enterprise-wide cost control and cost reduction measures and policies.
• Formulating and implementing appropriate enterprise-wide cost classification, separation estimation and allocation policies and procedures.
• Advising on the cost implications and consequences of business decisions.
• Assist in month-end closing, prepare journal entries as necessary, analyze inventory evaluation, inventory roll forward.
• Analyze cost accounting data and assist with cycle count/physical inventories.
• Prepare detailed cost account analysis and reconcile sales, cost and inventory, liability accounts by customer type by regions.
• Review and analyze inventory and margin reports, conduct research and perform analytical studies in regard to cost analysis and profitability.
• Work in special projects as required.
• Support and assist internal department reporting requirements such as audit schedules, tax schedules and others.
• Ensure timely submission, accuracy and validity of inventory, gross margin schedules to Management.

Job Specification

• Bachelor’s Degree or its equivalent in Accounting, Finance, Economics, or any other related discipline.
• Relevant professional qualifications such as ICAN, ACA, ACCA will be an added advantage.
• Minimum of Five (5) years relevant work experience.