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Cost Accountant

  • Job Type Full Time
  • Qualification BA/BSc/HND , Professional Certificate
  • Experience
  • Location Lagos
  • Job Field Finance / Accounting / Audit&nbsp

Role Overview

  • Oversee financial management, strategic planning, and risk management to drive business growth and profitability. The Cost Accountant meticulously tracks and analyzes all expenses while supporting strategic decision-making through financial insights.

Key Responsibilities

  • Analyze and report financial performance. Prepare and review financial statements (balance sheet, income statement).
  • Develop and maintain financial models and forecasts. Conduct variance analysis and identify areas for improvement.
  • Develop and implement cost accounting systems. Track and analyze direct and indirect costs.
  • Conduct cost-benefit analyses and recommend cost-saving opportunities.
  • Develop and manage budgets. Prepare and review forecasts and analyze budget variances.
  • Conduct sensitivity analysis and support financial planning.
  • Develop and implement inventory management systems.
  • Track and analyze inventory levels and recommend optimization strategies.
  • Ensure compliance with accounting standards and regulations while identifying financial risks.
  • Conduct special financial studies and analyses and implement process improvements.
  • Provide financial support for strategic initiatives.
  • Supervise and mentor cost accounting staff.
  • Communicate financial results to management and non-financial stakeholders.
  • Present financial information to senior management.
  • Collaborate with other departments.

Educational Qualifications

  • MSc, BSc or HND in Accounting

Professional Certifications:

  • Institute of Chartered Accountants of Nigeria (ICAN)
  • Association of Chartered Certified Accountants (ACCA)
  • Chartered Institute of Management Accountants (CIMA)
  • Association of National Accountants of Nigeria (ANAN).

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Method of Application

Role Purpose

  • The Assistant Production Manager supports the execution of production operations by translating production plans into daily shop-floor activities.
  • The role ensures optimal utilization of manpower, machinery, and materials to achieve production targets while maintaining cost efficiency, product quality, safety compliance, and operational discipline.

Key Responsibilities

  • Implement daily and shift production plans to achieve ≥95% output targets.
  • Allocate and manage manpower, machines, and materials efficiently.
  • Monitor production performance and resolve deviations in real time.
  • Control labor costs, overtime, and ensure payroll accuracy.
  • Optimize machine utilization and reduce downtime through coordination with maintenance.
  • Enforce quality standards, minimize waste, and improve first-pass yield.
  • Drive cost efficiency and continuous improvement initiatives (Lean, 5S, Kaizen).
  • Ensure strict adherence to safety policies and regulatory requirements.
  • Prepare accurate production, labor, and performance reports.
  • Supervise, coach, and enforce discipline among production teams.

Qualification and Experience

  • Bachelor’s Degree in Engineering or related field wit  5–8 years manufacturing experience, with 2–3 years in a supervisory role.
  • Strong skills in production planning, cost control, and problem-solving.
  • Proficiency in ERP systems and Excel.
  • Knowledge of Lean manufacturing is an advantage.

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