Cost Accountant

https://ipmc-ng.com/careers/company/ipmc
IPMC
LAGOS  -  Nigeria
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IKOYI, LAGOS, Nigeria
Job Detail
  • Industry:
    Finance
  • Total Positions:
    1
  • Job Type:
    Full Time
  • Salary:
    400,000 - 800,000
  • Job Location:
    LAGOS, Nigeria
  • Minimum Education:
    ACA
  • Minimum Experience:
    10+ Years
  • Apply By:
    Dec 31, 2021
  • Job Posting Date:
    Dec 15, 2017
Job Description

JOB DESCRIPTION
-Prepare and analyze food and beverage costs on a monthly basis and recommend alternatives to improve costs.
-Assist in the monthly food and beverage inventories count and extension.
-Establish and maintain a database for food and beverage inventory stock including up-to-date pricing.
-Ensure proper storage and issuance of all food and beverage items.
-Establish and maintain a cost allocation transfer system for food and beverage supplies to the various departments. Summarize these transactions for each financial period close.
-Cost all food and beverage items and where practical, input these costs into the point of sales system and generate monthly potential food and beverage cost of sales.
-Price all food and beverage storeroom requisitions and compute the following:
-Monthly food and beverage actual costs by outlet
-Monthly storeroom variances for food and beverage
-Assist management in menu costing in order to establish menu item sale prices.
-Establish and monitor the following operational controllers in the banquets and food and beverage outlets:
-Cash Bars
-Menu Items (ensure that they are properly rung up the system)
-Liquor pouring procedures
-Guest check void controls
-Cash handling and check settlement
-Operation inventories and reconciliations
-Point of Sale system user capabilities and controls
-Portion controls
-Prepare F&B reports as requested by management.
QUALIFICATIONS/ATTAINMENTS:
-As the successful candidate, you will hold a Bachelor degree in accounting or finance. A master’s degree would be an added advantage
-Membership of the chartered institute of accountant of Nigeria is required
 
RELEVANT EXPERIENCE.
-You will have gained at least 12 years of experience in various financial roles within the hospitality sector preferably as cost accountant
-You will have knowledge of applicable International Financial Reporting Standards (IFRS) and be proficient in SAP or Oracle.
 -Strong knowledge of cost accounting, budgeting, and financial analysis including key trends analysis and business case analysis
-Excellent knowledge of accounting principles and concepts
 
SKILLS AND COMPETENCES
-Excellent written and verbal skills.
-Ability to motivate employees and proven leadership skills.
-Familiarity with Financials System, Reporting System, Micros POS and Excel
-Demonstrated ability to work independently with minimal guidance
-Ability to understand accounting processes
-Open to and proposes new ideas to improve existing work processes
-Helps to drive change to reduce complexity
-Uses customer/client information to improve work process
 
 

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