Cost Accountant at Independent Project Monitoring Company Limited (IPMC)

Independent Project Monitoring Company Limited is a group of professional individuals, who are competent and capable enough to help clients achieve their goals. Our professional consultants specializes in the oil & gas industries, infrastructure & building and other services. Our experienced consultants offer services tailored to the technical. Economic, and management needs of our clients.

We are  recruiting to fill the position below:

Job Title: Cost Accountant

Location: Lagos

Job Description

• Prepare and analyze food and beverage costs on a monthly basis and recommend alternatives to improve costs.
• Assist in the monthly food and beverage inventories count and extension.
• Establish and maintain a database for food and beverage inventory stock including up-to-date pricing.
• Ensure proper storage and issuance of all food and beverage items.
• Establish and maintain a cost allocation transfer system for food and beverage supplies to the various departments. Summarize these transactions for each financial period close.
• Cost all food and beverage items and where practical, input these costs into the point of sales system and generate monthly potential food and beverage cost of sales.
• Price all food and beverage storeroom requisitions and compute the following:
• Monthly food and beverage actual costs by outlet
• Monthly storeroom variances for food and beverage
• Assist management in menu costing in order to establish menu item sale prices.
• Establish and monitor the following operational controllers in the banquets and food and beverage outlets:
• Cash Bars
• Menu Items (ensure that they are properly rung up the system)
• Liquor pouring procedures
• Guest check void controls
• Cash handling and check settlement
• Operation inventories and reconciliations
• Point of Sale system user capabilities and controls
• Portion controls
• Prepare F&B reports as requested by management.

Qualifications/Attainments

• As the successful candidate, you will hold a Bachelor degree in accounting or finance. A master’s degree would be an added advantage
• Membership of the chartered institute of accountant of Nigeria is required

Relevant Experience:

• You will have gained at least 12 years of experience in various financial roles within the hospitality sector preferably as cost accountant
• You will have knowledge of applicable International Financial Reporting Standards (IFRS) and be proficient in SAP or Oracle.
• Strong knowledge of cost accounting, budgeting, and financial analysis including key trends analysis and business case analysis
• Excellent knowledge of accounting principles and concepts

Skills and Competences:

• Excellent written and verbal skills.
• Ability to motivate employees and proven leadership skills.
• Familiarity with Financials System, Reporting System, Micros POS and Excel
• Demonstrated ability to work independently with minimal guidance
• Ability to understand accounting processes
• Open to and proposes new ideas to improve existing work processes
• Helps to drive change to reduce complexity
• Uses customer/client information to improve work process

Application Closing Date
1st January, 2018.

Method of Application
Interested and qualified candidates should send their CV’s/Resume to: [email protected]