News

The below job vacancy is available within Royal Crown Packaging Ltd. Qualified and eligible individuals interested in applying for this position may submit an application to [email protected] no later than July 23^rd,2021.

Job Title

Cost Account Officer

Scope of Job

Responsible for budgeting, cost management, performance evaluation and asset management.

Essential Job Tasks

Cost management

Inventory:

• Enters monthly inventory and cost of goods sold (COGS).
• Implement maintenance of cost accounting system, documentation, and records
• Review and document inventory and material purchases
• Maintains perpetual inventory
• Manages standard cost system

Fixed Assets:

• Monitor system of controls, procedures, and forms for the recordation of fixed assets.
• Recommend to management any updates to accounting policies related to fixed assets.
• Assign tag numbers to fixed assets.
• Record fixed asset acquisitions and dispositions in the accounting system.
• Review and update the detailed schedule of fixed assets and the accumulated depreciation.
• Calculate depreciation for all fixed assets
• Conduct periodic physical inventory counts of fixed assets.

Reporting

· Comply with Generally  Accepted Accounting Principles (GAAP) for financial  statements

· Participate in the representation of any statutory audits for the company.

Key Deliverables

• Reconcile raw material receipts, issues and usage, finished products and work in progress and allocate overheads to determine the total unit cost of production.
• Co-ordinate period stocktaking of all materials and finished products and compile the report for incorporation into the final accounts management information and action.
• Reconcile monthly reports from the production unit for Technical meetings.
• Allocate service costs to production lines monthly and when necessary update the absorption rates.
• Record import purchase costing, purchase voucher and sales voucher.

Key Relationships

Management Accountant

General Manager Finance & Admin

Other Departments

Educational/Professional Qualification, Experience & Skills

• Bachelor’s Degree
• Thorough understanding of sophisticated costing system
• Newly qualified or experienced part qualified accountant ( CIMA / ACCA / ACA equivalent)
• Must have intermediate-advanced level Excel skills
• Ability to meet deadlines and communicate at all levels
• Must be a strong team player, highly motivated and able to work under pressure during peak periods.
• Experience in a commercial/manufacturing environment  will be an added advantage