Lube Factory Accountant at Quest Oil and Engineering Services Limited

Location: Magboro, Ogun

Responsibilities

• Control factory overhead, and material utilization using agreed company cost investigation and utilization methods as well as budgetary planning.
• Provide financial controller with the necessary information required for forecasting and strategic planning, and financial control.
• Provides information to the Financial Accountant and procurement about local suppliers for maintenance and all other financial inputs concerning the factory.
• Ensure timely and accurate reporting of factory results.
• Scanning of the economic and financial environment to identify changes and best finance practices affecting the supply chain and cascade relevant information to relevant Managers.
• Completes gross margin analysis of a company's products, inventory, and overall value.
• Prepare, analyze, and report daily, weekly, monthly, and quarterly gross margins
• Ensure daily sales posting on the company’s ERP, as well as ensure all virtual posting of raw material and finished goods inventory are done on the company’s ERP
• Identify financial and revenue leakages and recommend strategies to close out on the same
• Ensure approved gross margins are maintained and improved upon
• Maintenance and development of production, purchases, freight, accounts payable, accounts receivable, and shipping, documentation registers and for that purpose generate corresponding reports for use by management
• Monitor compliance with approved annual estimates
• Carry out all factory reconciliation activities with relation to cash and bank book, physical and virtual stock.
• Assist Plant and Manufacturing Manager in the interpretation and analysis of factory activity
• Raising debit notes on transporters, packaging material vendors as well as invoice verification
• Processing of payments and cash expenses incurred at the factory
• Credit control

Qualifications and Requirements

• HND / B.Sc in Accountancy or Finance
• Minimum of 5 years of accounting experience in the Manufacturing sector.
• Must be chartered or in-view of certification.
• Proficiency in cost control and budgeting.
• Proficiency in the use of Microsoft Office Tools.
• Effective communication skills & excellent Interpersonal skills
• Negotiating and Decision-making skills.
• Management ability and supervisory skills.