Cost and Budget Heads handle all the matters in reference to the finance and investments of a company. They manage financial operations of companies such as the assets, liabilities, equity and cash flow aiming to maintain the financial health of the company and operative viability. Financial managers evaluate the strategic plans of the company in financial terms, maintain transparent financial operations for taxation and auditing bodies, and create the financial statements of the company at the end of the fiscal year.

Duties and Responsibilities:

• Collect and organize budget requests of work units  and participate in the installation and maintenance of appropriate cost allocation plans/costing system to ensure cost effectiveness and profitability

• Prepare cost estimates of new or special products for establishing selling prices and production forecasts. 

• Record and analyze cost of raw materials, spare parts, labor, overhead and services to evaluate cost effectiveness and profitability of the Company

• Prepare journal entries and maintain cost accounting records for various cost items

• Organize cost reports that helps as inputs in the preparation of periodic financial statement 

• Prepare budget financial statement and schedule 

• Perform adjusting entries and correct errors on periodic financial reports.

• Follow up proper utilization of approved capital and operational budgets and report findings to immediate supervisor

• Prepare monthly consumption report based on records of incoming and issued materials

• Perform various cost analysis including standard cost development, average pricing analysis, margin and cost ratio analysis, inventory control, variance analysis

• Reconcile stock items with store balance card (bin card) and general accounts records

• Compute total costs of all goods in transit to prepare cost buildup of goods

• Collect cost and operational data for preparation of management and cost reports and review

Job Requirements

BA Degree in Accounting, Accounting and Finance

Minimum of  6 years and above relevant work experience

Proficiency in Microsoft office and Accounting Software (ERP)

In-depth knowledge and understanding of professional Accounting and Financial Management principles, theories and practices

In –depth knowledge of Cost and Budgeting processes

Excellent Communication Skill

Ability to handle multiple tasks efficiently and effectively

Ability to work independently and as part of team

Strong problem solving and analytical skill

How to Apply

Interested and Qualified applicants can submit their CVs and Testimonials via using THIS LINK until August 21, 2024