Cost Controller - Dangote Industries Limited

Dangote Industries Limited is seeking to recruit a suitably qualified candidate for a Cost Controller job.

Job Summary

• Development budget and business planning of the Company
• Assist in coordinating DCC’s cost accounting, cost of sales analysis, product costing and variance analysis

Key Duties & Responsibilities

• Contribute to the development of the Company’s budget procedure and budgetary control.
• Assist in the production of the annual budget and periodic forecasting.
• Analyze financial performance and forecast longer-term horizons.
• 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 the 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.
• Perform period closing and related activities for product costing.
• Analyze P&L Gls accounts and cost centres and propose eventual corrections.
• Assist in the preparation of monthly Exco presentations.
• Perform any other duties as may be assigned by the Hierarchy.

Financial Accountability:

• Good understanding of best financial practices.

Core Discipline / Inter Discipline:

• High ethical standards and integrity.

Requirements

Academic/Professional Qualifications

• 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.

Work Experience

• Minimum of five (5) years of 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.
• Good communication and interpersonal skills.
• Good organisational skills.
• Good data gathering, analysis and synthesising.
• Result-oriented and problem-solving skills.
• Proficiency in the use of Excel, Powerpoint and Word.
• Basic knowledge of accounting packages and systems, including SAP.
• Ability to work independently under minimal supervision.