Thursday, February 15, 2024
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Cost Controller at Dangote Industries Limited

Job Summary

  • Development budget and business planning of the Company
  • Assist in coordinating DCC’s cost accounting, cost of sales analysis, product costing and variance analysis

KEY DUTIES & RESPONSIBILITES

  • Contribute to the development of the Company’s budget procedure and the budgetary control.
  • Assist in the production of the annual budget and periodic forecasting.
  • Analyze financial performance and forecast longer term horizons.
  • Maintain up-to-date and accurate production data including raw materials consumed in production, production quantity, down time, etc.
  • Generate variance analysis of planned vs. actual activity rates and standard prices on a monthly basis and investigate variances.
  • Plan standard product costs including cost of activities for each month based on approved actual values for the previous month.
  • Allocate direct operating and overhead costs across products for the purpose of evaluating and controlling product pricing, profitability, and trends.
  • Perform period closing and related activities for product costing.
  • Analyze P&L Gls accounts and cost centers and propose eventual corrections.
  • Assist in the preparation of monthly Exco presentation.
  • Perform any other duties as may be assigned by the Hierarchy.

Financial Accountability:

  • Good understanding of best financial practices.

Core Discipline / Inter Discipline:

  • High ethical standards and integrity.

Requirements

Academic/Professional Qualifications

  • Bachelor’s degree or its equivalent in Accounting, Finance, Economics or any other related discipline.
  • Relevant professional qualifications such as ACA, CIMA, CPA, ACCA will be an added advantage.

Work Experience

  • Minimum of five (5) years relevant work experience.

Skills And Competencies

  • Good understanding of trends, challenges, opportunities, regulations and legislations relating to the cement manufacturing industry.
  • Good knowledge and understanding of finance best practices, IFRS, and other applicable accounting standards.
  • Good communication and interpersonal skills.
  • Good organisational skills.
  • Good data gathering, analysis and synthetising.
  • Result-oriented and problem-solving skills.
  • Proficiency in the use of Excel, Power point and Word.
  • Basic knowledge of accounting packages and systems, including SAP.
  • Ability to work independently under minimal supervision.
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