Cost & Management Accountant at Proten

Purpose of Role

Performs tasks like Costing; Pricing of Goods or Services; Supports the Inventory Process; Landed Cost, Labour, Raw Material and BOM Costing. Prepares, verifies or certifies Cost Accounting; Fixed Asset Accounting & prepares Budget Control Report.

Responsibilities

• Checking & approval of Stock Ledger Adjustment Journals
• Developing cost Standards for Raw Materials
• Monthly Review of products raw material usage variances & reports
• Reconciling beginning raw material, work in progress and finished goods stock
• Analyzing production cost and recommending changes
• Leda stock reconciliations, coordination of routine Physical Stock takes and Inventory cycle count
• Analysis of monthly products unit activities/performance and reports
• Presents monthly product profitability analysis reports
• Analysis of customers monthly performance reports
• Collects cost information, plan and record variable costs (e.g. purchases of raw material and operations costs)
• Monthly review of all the products costing (due to fluctuating costs of materials) before the preparation of monthly management accounts
• Assists with the review and checking of all daily posting for accuracy – particularly Inventory
• Preparation and posting of monthly Prepayments, accrual journals and other necessary journals to ensure completeness of final accounts.
• Monthly Budget into the system (SAGE)
• Preparation of monthly comprehensive Budgetary Control Income Statement
• Preparation of monthly cash flow statement
• Assists in budget input data analysis and final preparation of annual income statement, budget
• Developing Depreciation schedules

Qualifications

• Candidate must have at least 3 years of cognate experience in this specific task area of Accountancy (i.e. Cost & Management Account) in manufacturing sector generally and Pharmaceutical industry particularly.
• Minimum of Bachelor’s Degree or HND in Accounting from a reputable institution. Post Graduate degree will be an added advantage.
• Professional Certification: ACCA, ICAN
• Strong Communication, interpersonal, analytical and IT skills.
• Thorough knowledge of accounting procedure.
• In-depth understanding of Generally Accepted Accounting Principles (GAAP).
• Experience with accounting software, like SAGE.
• Computer literacy, MS Excel in particular (familiarity with VLLOUPS and pivot tables) and Enterprise Resource Planning (ERP) systems.
• Excellent analytical skills with attention to details.
• Strong time management skills.
• Able to analyze detail and summarize findings for higher Authorities.
• Integrity, with an ability to handle confidential information.