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  • Cost Accountant at The Candel Company

  • Posted on: 24 May, 2015 Deadline: 8 June, 2015
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  • The Candel Company Limited is Nigeria's leading crop yield advancement and protection company. As a result of growth and the need to strengthen our current team, we need exceptional individuals with the right qualifications, mentality, drive and experience to join our team of agronomy and other professionals.

    Cost Accountant (Manufacturing)


    Basic Function

    • The cost accountant position is accountable for the ongoing analysis of process constraints, target costing projects, margin analysis, and tracing costs back to underlying activities.
    • he cost accountant must also construct and monitor those cost-effective data accumulation systems needed to provide an appropriate level of costing information to management.

    Principal Accountabilities

    Data Collection:

    • Construct data accumulation systems for a cost accounting system
    • Create and review the controls needed for data accumulation and reporting systems


    • Coordinate physical inventory counts and cycle counts
    • Investigate cycle counting variances and resolve issues
    • Update standard costs in the bill of materials
    • Review standard and actual costs for inaccuracies
    • Validate the cost of goods sold as part of the month-end close
    • Accumulate and apply overhead costs as required by generally accepted accounting principles
    • Work with the materials review board to locate and dispose of obsolete inventory


    • Conduct ongoing process constraint analyses
    • Report on breakeven points by products, work centers, and factories
    • Report on margins by product and division
    • Report on periodic variances and their causes, focusing in particular on spending variances
    • Analyze capital budgeting requests
    • Perform cost accumulation tasks as a member of the target costing group

    Desired Qualifications

    • A Bachelor degree ( Second Class Upper) from a reputable institution.
    • 3+ years of accounting/finance experience, or 5+ years experience in industrial engineering.
    • Excellent analysis skills, and the ability to collaborate with a multi-department team.

    Method of Application

    Interested and qualified candidates should send their resume/CV's to:

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