Cost Accountant at Cormart Nigeria Limited – Lagos and Ogun

Cormart a leading specialty chemicals company in Nigeria and active in production and sales/marketing of chemicals and raw materials such as paint, glues & adhesives, oil lubricants, breweries, distilleries, beverage, food, confectionaries, cosmetics, and personal and home care chemicals. Cormat is part of TGI Group, an international investment and holding company with diverse interests and investments in Nigeria, Ghana, Benin Republic, and several other emerging markets. It is a sister company to TGI Distri., Chi Farms Ltd., Chi Pharmaceuticals Ltd., WACOT Ltd., WASIL Ltd., Romson Oil Field Services and various other companies.

Cormart Nigeria Limited is part of TGI Group, an international investment and holding company with diverse interests and investments in Nigeria, Ghana, Benin Republic, and several other emerging markets.It is a sister company to Chi Farms Limited, Chi Pharmaceuticals Ltd., WACOT Ltd, Romson Oil Field Services and various other companies.

We are recruiting to fill the position below:

Job Title: Cost Accountant

Locations: Lagos and Ogun
Employment Type: Full-time

Job Responsibilities (not exhaustive)

• Oversee finance team at KM51, i.e. assure proper staffing, batching, reporting, processing etc.
• Preparation of vouchers and journals for posting into Navision for the purpose of preparation of Financial Statement on Monthly basis.
• Compute monthly Process costing of Raw Materials, Work in Progress and Finish Goods and other costing reports as may be required from time to time.
• Prepare cost control reports as may be required by the management from time to time.
• Variance analysis and recommendation of alternative cost reduction method to management.
• Yield monitoring and prompt reporting of both favourable and adverse situation report.
• Receive stores issues, collate and raise relevant journals for posting into General Ledger for the purpose of materials consumed monthly for Financial Statements.
• Organize and conduct quarterly and annual stock counts, carry out valuation, compare with General Ledger balances, investigate differences and make necessary adjustments.
• Interface with Stores, Foreign Procurement and Clearing and financial accounts to record and determine landed costs of foreign spares and Assets in Transit so that on arrival we move same to fixed assets and spare parts as applicable.
• Reconciliation of raw materials, semi finish goods and finish goods monthly
• Assist the warehouse and logistic manager in ensuring seamless supply chain process
• Liaise with the site project manager to ensure that necessary administrative requirements are made available as requested for projects

Basic Requirements

• First degree in Accounting or related discipline
• Masters degree in Accounting, Finance or related discipline is an added advantage
• Having a professional qualification like ICAN, ACCA is also an added advantage
• 5+ years of experience in costing is required
• Flexibility: willingness to work in different locations in Nigeria when required.

Remuneration
In line with industry standards.

Application Closing Date
31st January, 2021.

Method of Application
Interested and qualified candidates should send their Apllications to: [email protected] using the “Job Title” as the subject of the email.

Note: Please note that only suitable candidates will be contacted.