Cost Accountant at Elevantix Consulting Limited

Elevantix Consulting Limited, is recruiting suitably qualified candidates to fill the positions below:Job Title: Cost AccountantLocation: LagosJob DescriptionDetermine fixed costs (e.g. salaries, rent and insurance)Plan and record variable costs (e.g. purchases of raw material and operations costs)Accumulate and apply overhead costs as required by generally accepted accounting principles.Calculated labor absorption costsCheck Purchase Orders to ensure accuracyAnalyzes changes in product design, raw materials, manufacturing methods, or services provided, to determine effects on costs.Develop and maintain Bills of Material and standard costs of finished goods and productionSupport yearly standard setting process for finished goods, components, and core parts; update and review standard and actual costsCoordinate physical inventory counts and cycle countsInvestigate cycle counting variances and resolve issuesLead and manage the quarterly excess and obsolete inventory review processControl scrap inventory and ensure adequate measures are taken to realize true value of scrap.Analyzes actual production costs and prepares periodic reports comparing standard costs to actual production costsEnsure timely submission, accuracy and validity of inventory, gross margin schedules to managementProvides management with reports specifying and comparing factors affecting prices and profitability of products or services.Maintain and assist in improving processes and controls associated with manufacturing costs and inventory valuationPrepares estimates of new and proposed product or service costsRecommends cost efficiencies in new product layoutsAnalyzing cost volume-profit (CVP) relationships and short-term decision makingProvide Sales Margin analysis by Customer/ProductSupport internal and external auditors by ensuring:Availability of vouchers, supporting and other required documentationResources to provide explanation and answer question raised by auditorsEnsure effective utilization of ERP functionality.Support the implementation of ERP and other financial system from Job costing perspectiveChampion new initiatives and capability building 

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