Monday, March 25, 2019

Budget Accountant at Whyte Cleon Limited


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Whyte Cleon Limited has a fast growing Manufacturing and Production company requires the services of an experienced candidate to fill the position below:
Job Title: Budget Accountant

Location: Lagos

Responsibilities

  • Prepare reports, budgets and commentaries including variance analysis, on monthly financial statements.
  • Undertake financial administration and work with the Internal Audit team.
  • Liaise with managerial staff and other colleagues in the Finance Department.
  • Assist in the development and management of financial systems and Company Operating Procedures (COPs).
  • Forecasting income and expenditure based on existing & future prospective contracts.
  • Contribute to advise managers about the financial implications of business decisions to aid growth and profit.
  • Design, create and implement strategies, best practices and process improvements.
  • Identify operational opportunities and implement best processes and practices. Present reports on revenue, expenditure and profits monthly, quarterly and annually.
  • Report on expenditure and cash balance on daily basis.
  • Seek new ways to improve efficiency and increase profits.
  • Analyse actual costs and prepare periodic reports comparing budgeted costs to actual costs.
  • Analyse and report variances between budgeted costs and actual operation costs.
  • Liaise with managers and prepare weekly, monthly, quarterly and annual budgets.
  • Determine fixed costs (e.g. salaries, rent and insurance),plan and record variable costs (e.g. purchases, materials and operations costs).
  • Coordinate physical inventory counts and yearly inventory counts.
  • Investigate inventory counting variances and resolve issues.
  • Analyse changes in raw materials, operating methods and services provided, to determine effects on cost.
  • Prepare the daily, weekly, monthly and annual budgets, compare it to actual results, and report on variances between budgeted costs and actual costs.
  • Review costs of all inventory, labour, and material purchases.
  • Monitor organizational spending to ensure that it is within budget.
  • Review costs and managers' budget proposals for completeness, accuracy, and compliance with regulations.
  • Assist in month-end and year-end closing.
  • Carry out assigned duties with honesty.
Requirements
  • Minimum M.Sc/B.Sc in Accounting.
  • Minimum of 10 years’ experience in same position of a managerial level as an Accounting, Costing and Budgeting Manager.
  • Possession of ICAN/ACCA or CIMA is mandatory
  • Must have excellent written and verbal communication skills.
  • Knowledge of accounting best practices, laws, standards, state and national regulations and Generally Accepted Accounting Principles (GAAP).
  • Excellent attention to detail.
  • Ability to multitask and prioritise.
  • Commitment to ensuring financial integrity, and ability to handle highly confidential information with discretion.
  • Strong analytical ability, including the ability to quickly and effectively analyze, compare, and interpret data.
  • Solid decision-making skills and the ability to exercise independent judgment
  • Demonstrated expertise with computerized accounting systems and Microsoft Office (MS Excel in particular).
  • Ability to collaborate with a multi-department team.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:

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