Cost and Inventory Accountant

Responsibilities:

Cost Accounting & Analysis

• Maintain and update standard product costs for all items (gelato, coffee, ice cream, cakes, etc.).
• Analyze cost variances between actual and standard costs, providing explanations and recommendations.
• Prepare cost of production reports and ensure correct allocation of material, labor, and overhead costs.
• Support management in pricing decisions through accurate cost analysis.

Inventory Management

• Monitor inventory levels across outlets and the production unit to prevent stockouts or overstocking.
• Oversee daily, weekly, and monthly stock reconciliations for raw materials, packaging, and finished goods.
• Investigate discrepancies between physical and system inventories and propose corrective actions.
• Ensure proper documentation and recording of all inventory movements in the accounting system.

Financial Reporting & Control

• Prepare and post inventory and cost-related journal entries.
• Reconcile inventory accounts in the general ledger and ensure accuracy of balances.
• Assist in month-end and year-end closing activities related to cost and inventory.
• Collaborate with the finance team to improve internal control systems around stock management.

Operations & Support

• Work closely with the production and procurement teams to ensure accurate cost capturing.
• Support periodic audits (internal and external) by providing required reports and reconciliations.
• Recommend process improvements to minimise waste and optimise resource utilisation

 Requirements:

• A minimum of an HND in accounting, finance, or a related field.
• Minimum of 2–4 years of relevant experience in cost or inventory accounting, preferably in FMCG, hospitality, or food production industries.
• Proficiency in Microsoft Excel and accounting software (e.g., QuickBooks, Sage, or similar).
• Strong understanding of cost accounting principles, inventory control, and financial reporting.
• Excellent attention to detail, analytical, and organisational skills
• Strong numerical and analytical ability.
• High level of accuracy and accountability.
• Ability to work under pressure and meet deadlines.
• Effective communication and teamwork skills.
• Integrity and commitment to maintaining strong internal controls.

Location: Port Harcourt, Rivers State