Summary
Date Posted: Thursday, July 18 2024, Base Salary: Not Disclosed

JOB DETAILS:
Swift Minds: is hiring on behalf of our client in the banking sector.

Duties and Responsibilities:
• Plan, Study, and collect data to determine costs of business activities such as raw material purchases, inventory and labor.
• Analyzing changes in product design, raw materials, manufacturing methods or services provided, to determine effects on cost
• Analyzing actual manufacturing costs and preparing periodic reports comparing standard costs to actual production costs
• Recording cost information for use in controlling expenditures
• Making cost estimates of new and proposed products
• Providing management with reports specifying and comparing factors affecting cost and profitability of products or services
• Assisting in Month end close of the General Ledger
• Compile documentation on standard costs and company production costs
• Reviewing prices of products to keep them in line with the expected margins considering the changes in costs and market forces.
• Carry out costing for Special Order Products to determine a price to charge.
• Prepare periodic Costing and Production Reports to analyze production performance and its effect on Product costs and Company expenditure
• Carry out cost center analysis and reporting to manage company costs against budget
• Establish and maintain a robust Activity Based Costing system to guide Financial Reporting and variance analysis.
• Recommend and participate in execution of process improvement projects
• Educate the operational and production teams on management of costs and associated cost drivers.
• Compile and present financial forecasts to assist planning & decision making
• Prepare financial analysis for new ventures
• Analyze company project performance and ROI
• Conduct risk assessment and advise on ways to minimize financial risks.
• Maintain the Cost Accounting System
• Construct data accumulation systems

Qualifications and Experience
• Bachelor’s Degree (or equivalent) in BBA, B.COM or an Accounting related field
• At least 3 years’ experience in similar position
• Excellent computer skills and good understanding of SAP BI


Work Hours: 8

Experience in Months: 36

Level of Education: Bachelor Degree

Job application procedure

Send y CV to: recruitment@swiftminds.org Deadline: Apply by 24 July 2024
NB: Selection is on rolling basis. Due high volumes of applications, only selected candidates shall be contacted, All applicants’ CVs are kept on file for future opportunities.


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