Cummins Inc. a global power leader, is a fortune 500 corporation of complementary business units that design, manufacture, distribute and service engines and related technologies, including fuel systems, controls, air handling, filtration, emission solutions and electrical power generation systems.
By working to coordinate the production, shipment, and delivery of the goods & Customer Service Support required to meet their business needs, Cummins Inc. has been able to more easily meet the demands of their customers.
We are recruiting to fill the vacant position below:
Job Title: Cost Accountant
Job ID: 17000387 Location: Lagos-Island
Description
Responsible for most complex activities associated with general ledger, financial/operating reports, and/or budget.
Performs complex duties related to preparation and analysis of financial information to record transactions, prepare financial reports, and review and verify accuracy.
Compiles, consolidates, and conducts complex analysis of accounting and financial information.
Prepares balance sheet and profit and loss statements, consolidated financial statements, and other accounting schedules and reports.
Conducts research and analysis on complex issues, and prepares strategic recommendations to management based on analysis.
Identifies control weaknesses, communications to management, and operates in a lead capacity in making remedial changes to tighten and enhance controls and mitigate risk.
Makes appropriate journal entries to general ledger.
Leads monthly and annual reconciliations and close activities for assigned accounts.
Coaches less experienced Accountants.
Qualifications
Skills:
College, University, or equivalent Degree in Accounting, Finance or related field required.
Progress toward Certified Public Accountant, Certified Management Accountant, Chartered Accountant or similar certification preferred.
Previous experience in a Manufacturing Environment is a requirement
The ability to work accurately, meet deadlines and pay attention to detail
Good communication and interpersonal skills
Knowledge of International financial Reporting Standard (IFRS) and US GAAP is an advantage
Computer literacy i.e., MS Word, MS Excel and experience on computerized accounting packages
Education, Licenses, Certifications
Experience:
Intermediate level of relevant professional work experience in the field of study required.
To be responsible for Cost Accounting and Cost Management with emphasis on adding value, providing superior decision support to the Financial Controller and business, accurate Financial reporting and ensuring the achievement of financial targets and objectives.
Perform daily interfaces between Oracle Giea and Core Systems
Calculation of Product Cost and System Maintenance
Assist in the monthly close for Cummins West Africa Ltd. PGBU division
Lead the Standard Cost Roll Up Process and ensure compliance to Corporate Accounting Policies
Establish, interpret and implement accounting policies for Cummins West Africa Ltd. PGBU division
Review compliance with company financial policies
Enforce internal control processes
Liaise and interaction with external audit/ Internal audit and any regulatory authority.
General Accounting Support for Sales and Operational Teams
Ensure Compliance Cummins Company Policies
Prepare month end journals
Assist with financial reporting and management accounts
Prepare monthly account reconciliations.
Responsible for Plant AP function such Invoice Matching, Clearing of Error Correction, and Supplier payments,
Responsible for Customer invoicing
Analyze and implement improvements accounting process continuously