Cost & Management Accountant

Job Title: Cost & Management Accountant

Location: Lagos
Employment Type: Full-time

Job Description

• The role involves standard costing, variance analysis, inventory control, and providing accurate financial insights to support decision-making and profitability.
• We are seeking an experienced Cost & Management Accountant to manage cost accounting, reporting, and analysis within a manufacturing PLC environment.

Key Responsibilities

• Support management with financial insights for pricing, planning, and operational decisions
• Drive cost optimization initiatives across the manufacturing value chain
• Oversee inventory valuation and control (raw materials, work-in-progress, finished goods)
• Lead end-to-end cost accounting processes, including standard costing, product costing, and overhead absorption
• Maintain and monitor accurate cost structures across raw materials, labor, and production overheads
• Support budgeting, forecasting, and long-term financial planning processes
• Perform detailed variance analysis (material, labor, overhead, and production efficiency) with clear explanations and recommendations
• Prepare and present management accounts, cost reports, and performance dashboards
• Ensure compliance with IFRS, internal controls, and reporting standards
• Analyze production costs, SKU profitability, and cost drivers to support margin improvement

Requirements

• Professional certification (ICAN, ACCA, or equivalent) is required
• Bachelor’s degree in Accounting, Finance, or related field
• Strong knowledge of ERP systems and advanced Excel skills
• Experience in manufacturing cost accounting is essential.
• Experience in FMCG or industrial manufacturing is strongly preferred
• Hands-on experience in factory/production cost control is essential
• Expertise in standard costing, variance analysis, and inventory accounting
• Ability to analyze complex financial and production data
• 10+ years of strong experience in cost and management accounting within a manufacturing PLC environment

Benefits

• Competitive salary
• Opportunities for growth and professional development.
• Flexible working arrangements