About this role
Cost Accountant
Location: Ilupeju, Lagos
Employment Type: Full-time
Job Purpose
- The Cost Accountant will be responsible for monitoring and analyzing the costs associated with the production and operations in a Steel Fabrication company.
- The role involves ensuring cost efficiency, preparing detailed cost reports, and providing actionable insights to support financial and operational decision-making.
Key Responsibilities
- Develop and maintain the organization's cost accounting systems, processes, documentation, and records to ensure accurate and effective cost management.
- Analyze manufacturing operations, equipment availability, utilization, and operational activities to compile and evaluate cost information.
- Collect, analyze, and maintain data on operational costs, including maintaining the expenses database and reporting on actual profit margins.
- Identify and recommend cost-effective solutions and improvements to business operations, processes, and policies to reduce costs and maximize profitability.
- Manage product costing, standard costing, BOM costing, and manufacturing cost analysis.
- Prepare monthly management accounts and financial statements.
- Maintain and reconcile the General Ledger and balance sheet accounts.
- Monitor inventory valuation, stock movements, and production variances.
- Support budgeting, forecasting, and cost control initiatives.
- Perform month-end and year-end closing activities.
- Ensure compliance with IFRS, tax regulations, and internal financial controls.
- Partner with Production, Procurement, Store, and Supply Chain teams to improve financial performance.
- Support internal and external audit activities.
Requirements
- Bachelor's Degree in Accounting, Finance, or a related discipline
- ACA, ACCA, or ICAN qualification is required.
- Minimum of 7 years' experience in finance within a Steel fabrication or Construction company is desired.
- Proven hands-on experience in manufacturing cost accounting and General Ledger accounting.
- Strong knowledge of inventory accounting, production costing, variance analysis, and factory overhead allocation.
- Experience using ERP systems such as SAP, Oracle, Microsoft Dynamics, Sage, or similar is an added advantage.
- Advanced Microsoft Excel skills.
- Excellent analytical, reporting, and stakeholder management skills.
Salary
N400,000 - N500,000 per month.
Application Closing Date
11th December, 2026.