Costing Analyst

Company: Nestlé Nigeria

Location:  Flowergate Factory, Sagamu, Ogun state.
Position Type: Full-Time
Minimum Educational Qualification: B.Sc./HND Finance or Accounting. Professional Qualification such as ACA, ACCA will be an added advantage.

Minimum Relevant Work Experience: Minimum of 3 - 5 years’ experience in Accounting or Costing, ideally within a factory or supply chain.

Position Summary

Joining Nestlé means you are joining the largest Food and Beverage company in the world. At our very core, we are a human company driven by our purpose to improve the quality of life and contribute to a healthier future.

Nestlé Nigeria is currently looking to fill the position of a Cost Analyst who will provide support and expertise in cost/costing analysis.  Undertake research, interpret the results of analysis, and provide alternatives / recommendations for further consideration.

A day in the life of the Cost Analyst:

Cash Flow & Continuous Improvement

• Seek and support cost improvement opportunities, participate on project teams to ensure validation, review and proposed savings are accurately tracked.  Involved in daily activities associated with NCE in the factory environment.

Analysis

• Review daily, weekly, and monthly variances; analyze and investigate background.  Ensure data accuracy with regular checks; follow up with stakeholders to ensure correction of errors.  Discuss issues with operations department as necessary.
• Review and analyse actual Costs of Production (identify key drivers, provide analysis and explanation on results, provide insight on trends).

Reporting and Analytics                                                                                                                             

• Review and validate factory reporting of weekly actuals, including provision of this data for management meetings to ensure transparency of information.  Review and validate period end and year end close reports for the factory ensuring Nestlé financial policies, Accounting Standards and Costing Standards are followed.

Collaboration with CoC                                                                                                                             

• Collaborate with Costing Centre of Competence on operational activities such as Period End Close (PEC); Master Data; factory health checks and give inputs for the revision of Service Level Agreement according to new reality.

Strategic Evaluations

• Perform financial simulations, product costing & estimates.

Business Planning

• Coordinate and provide departmental inputs for factory cost budgeting, Active participation in Standard Cost Budget, Revision and Replacement Cost calculations as required.

Internal Controls

• Follow costing guidelines and associated standard operating procedures when generating financial documents and performing daily activities.
• Coordinate and Ensure Stock Taking are periodically taking place & Write-Offs are duly authorized to avoid misappropriation of goods and company assets.

Knowledge Transfer

• Prepare and publish financial KPI data on a regular basis; perform analysis of KPI data and transfer this knowledge of the key figures to the relevant stakeholders in order to promote understanding.

Compliance

• Perform routine audit activities within the factory to ensure compliance on critical areas e.g.) stock taking. Appropriately escalate business risks.                                    

What Will Make You Successful?

Academic Experience:

• B.Sc./HND Finance or Accounting.
• Professional Qualification such as ACA, ACCA will be an added advantage.
• Prior experience in Accounting or Costing, ideally within a factory or supply chain

We Offer:

• Interesting and challenging work in a global organisation – a branch of worldwide and well recognized FMCG
• Possibility to work with a dynamic team of professionals and leaders.
• Possibility to work on challenging projects.
• A work environment that promotes respect, professionalism, and professional growth opportunities
• Possibility of personal development & career advancement

If you find the challenge exciting and your skills match, we have a great culture that will ensure that you feel welcomed and valued from day one.

How do I apply?

You can apply by clicking on the “Apply now” button.  Follow the steps and attach a copy of your CV.

The closing date for applications is 30th of April 2024.

We will be considering applicants as they apply, so please do not delay in submitting your application.

About Nestlé

We are Nestlé, the largest food and beverage company in the world, with 308,000 employees and an expansive presence with 413 factories in more than 85 countries. Driven by the purpose of unlocking the power of food to enhance quality of life for everyone today and for future generations, our values are rooted in respect: respect for ourselves, respect for others, respect for diversity and respect for the environment.

We believe that our people are our most important assets, so we offer a dynamic, inclusive international working environment with many opportunities across different businesses, functions and geographies, with diverse teams and cultures.

Want to learn more? Visit us at www.nestle.com.

“Nestlé is an equal employment opportunity (EEO) employer, seeking diversity in qualified applicants for employment. All applicants will receive consideration without regard to race, ethnicity, color, gender, age, religion, nationality, disability or perceived disability, medical condition, or any other protected status, as defined by applicable law”.

We thank all applicants for their interest; however only those candidates selected for an interview will be contacted.