Inventory & Reporting Accountant at Dangote Industries Limited

• Support the Management Accountant in monthly costing runs to ensure completeness of SAP cost module by collaborating closely with the Financial Accountant for consolidation as well as Monthly Performance Reports and Interim Financial Statements.

·        Support timely preparination of annual budgets and assist in the  implementation of the department’s

operational strategy, work plans, programs, systems, controls, policies, and procedures.

·        Provide input to the development of budgeting guidelines, policies and procedures ensuring inculcation of best

practices and alignment with local operating regulations and requirements.

·        Controlling and monitoring expenses and ensure expenditure (including CAPEX) is in line with budget.

·        Support ongoing review, update, and documentation of monthly, quarterly, and yearly financial forecasts, and

ratio analysis.

·        Prepare revenue and cost variances analysis such as sales revenue, variable cost, fixed cost, selling, general marketing

and administrative. Build graphs and commentaries that will clearly explain variances in units and in aggregate amounts.

·        Developing and managing financial systems & policies, and identifying opportunities for improvement.

·        Maintain a documented system of accounting policies and procedures.

·        Collaborate with MA and FA, Cost Assistant, Store, Statistician and Inventory Team during closing period and

ensure that all cost inputs tie with operation and emphasize the group policy on closing any gaps.

·        Stock movement monitoring and reconciliation.

·        Preparing monthly forecasts to aid business planning.

·        Prepare all schedules required by independent auditor and ensure accomplishment of audit examination on time.

·        Coordinating stock counts monthly and liaising with specialist for bulk material count on quarterly basis;

·        Monitoring inventory consumption and cement production/movements;

·        Ensure effective utilization of financial resources to achieve cost efficiency.

·        Proactively identify risks and define and implement strategies to prevent revenue leakages.

·        Provide broad guidelines for the management of fixed assets from an accounting perspective,

ensuring that organizational policies with respect to accounting for fixed assets are adhered to at all times.

Perform any other duties as may be assigned by the Supervisor.