Cost Accountant (QSR)
About the Role
- We are seeking to engage a cost accountant who is responsible for overseeing accounting functions such as processing incoming and outgoing payments and preparing financial reports for management decisions.
- The ideal candidate will ensure timely maintenance and accuracy of financial records and statements throughout the fiscal year.
Responsibilities
The specific responsibilities of the role include:
- Analyze production costs, materials, labor, and overhead to identify cost-saving opportunities.
- Evaluate cost-effectiveness of manufacturing processes and propose improvements.
- Collect and reconcile daily sales reports from all outlets.
- Ensure arithmetic accuracy of reports by checking and cross-checking figures.
- Monitor inventory turnover rates and recommend inventory optimization strategies.
- Collect weekly reports from the Production Manager, store keeper and procurement officer compare quantity produced versus units sold, and address discrepancies.
- Prepare and analyze cost reports for management, highlighting key findings and trends.
- Assist in the preparation of financial statements, including cost of goods sold (COGS) analysis.
- Manage accounts payables and receivables, maintaining an up-to-date billing system and financial records.
- Implement cost control measures to maximize profitability.
- Collaborate with cross-functional teams to identify cost reduction opportunities.
- Prepare invoices, payment schedules, and confirm proof of payments.
- Record and distribute petty cash, verifying documentation for entries.
- Identify and investigate discrepancies.
- Confirm legitimacy of invoices and reconcile discrepancies.
- Generate financial statements and reports detailing account statuses.
- Prepare weekly, monthly, quarterly, and annual financial reports.
- Perform any other tasks as assigned.
Requirements
- Bs.c/HND in Accounting, Finance or in related field.
- At least 1-2 years of experience in retail, food or related field.
- Good knowledge of accounting regulations and procedures.
- Advanced Microsoft Excel skills including Vlookups and pivot tables.
- Experience with general ledger functions.
- Strong attention to detail and good analytical skills.
Method of Application
Interested and qualified candidates should forward their CV to: hrunclestansfoods@gmail.com using the position as subject of email.