Cost Accountant – Cement Industry at Dangote

The Dangote Group is one of the most diversified business conglomerates in Africa with a hard-earned reputation for excellent business practices and products’ quality with its operational headquarters in the bustling metropolis of Lagos, Nigeria in West Africa.
The Group’s activities encompass:

Cement – Manufacturing / Importing
Sugar – Manufacturing & Refining
Salt – Refining
Flour & Semolina – Milling
Pasta – Manufacturing
Noodles – Manufacturing
Poly Products – Manufacturing
Logistics – Port Management and Haulage
Real Estate
Dangote Foundation

Since inception, the Group has experienced phenomenal growth on account of quality of its goods and services, its focus on cost leadership and efficiency of its human capital. Today, Dangote Group is a multi-billion Naira company poised to reach new heights, in every endeavour competing with itself to better the past.

The Group’s core business focus is to provide local, value added products and services that meet the ‘basic needs’ of the populace. Through the construction and operation of large scale manufacturing facilities in Nigeria and across Africa, the Group is focused on building local manufacturing capacity to generate employment and provide goods for the people.Job Summary

Assist in coordinating DCP's cost accounting, cost of sales analysis, product costing and variance analysis.

Key Duties and Responsibilities

Maintain up-to-date and accurate production data including raw materials consumed in production, production quantity, down time, etc.
Generate variance analysis of planned vs. actual activity rates and standard prices on a monthly basis and investigate variances.
Plan standard product costs including cost of activities for each month based on approved actual values for the previous month.
Allocate direct operating and overhead costs across products for the purpose of evaluating and controlling product pricing, profitability, and trends.
Allocate costs for central or joint expenditure to relevant cost centres in line with DCP's cost allocation policies.
Perform period closing and related activities for product costing.
Prepare detailed account analysis and reconcile sales, cost and inventory liability accounts.
Ensure timely submission, accuracy and validity of inventory, gross margin schedules to the Team Lead, Management Accounting.
Perform any other duties as may be assigned by the Team Lead, Management Accounting.

Requirements

Education and Work Experience

Bachelor's degree or its equivalent in Accounting, Finance, Economics or any other related discipline.
Relevant professional qualifications such as ACA, CIMA, CPA, ACCA will be an added advantage.
Minimum of five (5) years relevant work experience.

Skills and Competencies

Good understanding of trends, challenges, opportunities, regulations and legislations relating to the cement manufacturing industry.
Good knowledge and understanding of finance best practices, IFRS, and other applicable accounting standards.
Basic knowledge of accounting packages and systems, including SAP.
Good communication and interpersonal skills.
Good organisational skills.
Good data gathering, analysis and problem solving skills High ethical standards and integrity.
Proficiency in the use of MS Office tools.
Ability to work independently under minimal supervision

Benefits

Private Health Insurance
Pension Plan
Paid Time Off
Training & Development
Performance Bonus

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