Cost Accountant at Khenpro Global Services

Khenpro Global Services

Lagos, Nigeria Permanent

Published 1 month ago · Expires 3 weeks from now

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Job description

## Title: Cost Accountant

Job Summary

The Cost & Inventory Accountant is responsible for monitoring, analysing, and reporting cost and inventory movements across production, central kitchen/bakery, warehouse, and outlets. This role ensures accurate recording of raw materials, work-in-progress, finished goods, and wastage, while supporting cost control initiatives and ensuring compliance with internal processes for a fast-moving confectionery and QSR operation.

Key Responsibilities

Inventory Management & Reporting

  • Track inventory levels of raw materials, packaging, and finished products across factory, warehouse, and outlets
  • Conduct regular stock counts (daily/weekly/monthly) and reconcile variances with store, production, and outlet teams
  • Monitor and report daily product dispatches, returns, spoilages, and transfers
  • Maintain accurate inventory records and ensure FIFO/FEFO compliance

Cost Accounting & Analysis

  • Maintain cost sheets and update standard recipes/BOMs for all menu items
  • Track production yield, ingredient usage, and variances vs standard recipes
  • Analyse production cost, labour cost, and overhead absorption to determine accurate unit costs
  • Monitor wastage, over-portioning, shrinkage, and recommend cost-saving measures

Reporting & Compliance

  • Prepare daily, weekly, and monthly inventory & cost reports for management
  • Assist in month-end closing activities relating to stock valuation and COGS
  • Support internal and external audits by providing accurate cost/inventory data
  • Ensure compliance with company SOPs, hygiene standards, and financial controls

Operational Collaboration

  • Work closely with production, supply chain, procurement, finance, and outlet teams
  • Support procurement with price monitoring and supplier cost analysis
  • Train outlet/store staff on documentation, stock controls, and inventory systems

Qualifications

  • B.Sc Degree or HND qualification

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