Cost Accountant at Ken-Next Ventures Nigeria Limited

Role Summary

The Cost Accountant will provide support to the finance department in managing cost-accounting records, preparing cost analysis reports, and ensuring compliance with company and industry standards.

Key Responsibilities

• Capture all cost elements related to imported goods (purchase price, freight, insurance, customs duty, clearing, warehousing, and internal logistics)
• Maintain a robust landed cost template to accurately allocate import costs to each consignment and product category
• Value inventory (PPE items) in accordance with applicable standards (FIFO, weighted average, etc.) and ensure consistency with accounting policies
• Reconcile physical stock counts with system balances and investigate variances
• Track stock movement from orders through to customer delivery
• Prepare periodic cost reports showing cost trends, variances, and gross margins by product line or customer
• Compare actual landed costs with standard or budgeted costs and explain variances
• Support management in pricing decisions based on accurate cost data
• Maintain and reconcile cost ledgers to ensure all cost transactions flow correctly into the financial accounts
• Liaise with procurement and logistics teams to capture real-time shipping and clearing costs
• Work with sales and warehouse teams to monitor inventory movement, aging, and obsolescence
• Advise management on cost reduction opportunities (e.g., shipment consolidation, local sourcing)

Requirements

• Bachelor's degree in Accounting, Finance, or related field
• 2–5 years of experience in a manufacturing company or FMCG-related firm
• Strong numerical and analytical ability
• Proficiency in Microsoft Excel and familiarity with accounting software
• Excellent attention to detail and organizational skills
• Proactive attitude and willingness to add value within a fast-paced environment