Cost Accounting Officer

At Taeillo, we provide well-designed, functional, durable, affordable, and sustainable home furnishing solutions to African millennials with big dreams on a budget. We are recruiting to fill the position below:

Job Title: Cost Accounting Officer

Location: Ikeja, Lagos

Employment Type: Full-time

Job Summary

We are seeking an analytical and detail-oriented Cost Accountant with 2–3 years of experience in the manufacturing industry to manage production costing, inventory valuation, and cost control. The successful candidate will help monitor manufacturing expenses, minimize material wastage, improve cost efficiency, and provide accurate financial information to support business decisions.

Key Responsibilities

Calculate and monitor product costs, including raw materials, direct labour, and manufacturing overheads. Prepare and maintain product costing sheets, bills of materials (BOM), and cost estimates. Track raw material consumption, production wastage, rework, and finished goods costs. Analyse actual production costs against budgets and standards, investigate variances, and recommend corrective actions. Reconcile inventory records and support the valuation of raw materials, work-in-progress, and finished goods. Collaborate with Production, Procurement, Warehouse, and Finance to ensure accurate cost records and material accountability. Prepare periodic cost reports, profitability analyses, and management reports. Identify cost-saving opportunities and support budgeting, forecasting, and month-end reporting.

Requirements

HND/B.Sc. in Accounting, Finance, or a related discipline. 2–3 years of relevant experience, and experience in the manufacturing industry is mandatory. Practical experience in production costing, inventory accounting, cost analysis, and variance reporting. Proficiency in Microsoft Excel and accounting software or ERP systems. Knowledge of bills of materials, manufacturing overheads, and inventory valuation. Strong analytical skills, attention to detail, integrity, and problem-solving abilities. ICAN, ACCA, ANAN, or progress toward a professional qualification is an advantage. Salary N350,000 monthly.