Senior Cost Accountant

Wemy Industries is seeking a highly experienced Senior Cost Accountant to oversee manufacturing cost control, inventory valuation, budgeting, and financial analysis to support profitability and operational efficiency across production processes.

• Develop and maintain standard costing systems for raw materials, WIP, and finished goods
• Monitor production costs and identify wastage, inefficiencies, and cost-saving opportunities
• Review product costing periodically and recommend pricing adjustments
• Ensure accurate allocation of overheads across production lines and cost centers
• Ensure proper valuation of inventory in line with IFRS and company policies
• Reconcile ERP inventory records with physical stock counts
• Support and supervise periodic stock counts and investigate variances
• Track material consumption and inventory turnover rates
• Prepare manufacturing budgets and support annual financial planning
• Collaborate with production and procurement teams on cost forecasting
• Monitor budget performance and analyze variances with explanations
• Conduct variance analysis on material, labour, and overhead costs
• Prepare monthly cost, efficiency, and margin analysis reports
• Provide management with insights on cost trends and product profitability
• Support month-end and year-end closing processes related to inventory and production costs
• Ensure compliance with internal controls, accounting policies, and audit requirements
• Support internal and external audit processes related to costing
• Assist in ERP system implementation and improvement for cost tracking
• Recommend process improvements in cost reporting and production efficiency
• Work closely with cross-functional teams to strengthen cost accountability

• B.Sc / HND in Accounting, Finance, Business Administration, or related field
• ACA, ACCA, or CIMA certification strongly preferred
• 4–8 years accounting experience, with at least 3 years in manufacturing cost accounting
• Strong knowledge of standard costing, inventory valuation, and variance analysis
• Experience with ERP systems such as SAP, Oracle, Microsoft Dynamics, Sage, or Odoo is an advantage

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