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Cost Controller at a Logistics and Supply-chain Organization - Novella Africa Limited

Posted on Thu 11th Jul, 2024 - hotnigerianjobs.com --- (0 comments)


Novella Africa Limited - Our client, a logistics and supply-chain organization, is recruiting to fill the position below:

Job Title: Cost Controller

Job Opening ID: ZR_118_JOB
Location: Lagos
Employment Type: Full-time
Industry: Logistics

Job Summary

  • The Ideal candidate will be responsible for managing and reducing operational costs to increase profitability.
  • Prepare budgets and track actual costs relative to the budget, identifying strategies to improve efficiency and reduce costs.

Responsibilities

  • Financial Analysis, integration of cost estimates and forecasts provided by vendors and suppliers, and support of the cost-estimating process
  • Responsible for controlling and monitoring total expenditures including verifying and checking invoices and claims from suppliers, vendors, and subcontractors to ensure that all business expenditures are captured and properly recorded
  • Coordinating with other departments such as human resources, payroll, accounting, and finance to ensure that all costs are accurately tracked
  • Supply cost information to operations at all levels to avoid spending in excess and develop an analysis that shows operations where to focus to reduce cost
  • Prepare and implement comprehensive business plans to facilitate achievement by planning cost-effective operations and activities.
  • Collecting and analyzing data related to an organization’s cost
  • Presenting cost analysis results to management and making recommendations
  • Performing the month-end close and forecast-related allocation activities
  • Provide accurate up-to-date standard costing, working with production and master data team to ensure costing reflects appropriate BOMs and inventories
  • Support Cost Controller activities and analysis and update cost breakdown structure according to existing cost estimates
  • Execution of the allocation checks (inventory checks, service checks)
  • Identifying cost-saving opportunities and implementing cost-reduction measures
  • Preparing budget reports and financial forecasts
  • Reviewing financial transactions and cost accounting to ensure accuracy
  • Monitoring project budgets and ensuring they are adhered to
  • Providing recommendations for cost efficiency to upper management
  • Coordinating and implementing audits to ensure compliance with financial regulation
  • Assist in the preparation of financial statements in compliance with official guidelines and requirements
  • Implement consistent accounting policies, practices, and procedures across all programs, upholding federal, state, and local legal standards by remaining knowledgeable about existing, new, and future legislation

Requirements

  • Bachelor's Degree in Accounting, Finance, or relevant study.
  • Membership to any of the professional bodies ICAN, ACCA,
  • Minimum of 5 years of experience as a Cost Controller, Cost Accountant, or a related role.
  • Experience in Logistics and Supply chain industry
  • Excellent understanding of cost accounting principles.
  • Hands-on experience with accounting software, like Quickbooks or SAP.
  • Excellent Financial Planning and Budgeting skills, Financial Analysis skills, Cash Flow Management, budgeting, forecasting, and data analysis.
  • Strong analytical skills with attention to detail.
  • Excellent time management skills with a proven ability to meet deadlines.
  • Proficiency in Microsoft Office, particularly with Excel.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online


  

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