Accountant

About the company

Company Description Evans Industries Limited is an indigenous manufacturer of Eva Complexion Care Soap and Meditol Antiseptic Soap, offering multiple product variants to serve diverse customer needs. The company currently produces six variants of Eva soap—Classic, Gold, Ivory, Pearl, Forever, and Herbal—and five variants of medicated and antiseptic soaps, including Meditol Original, Gentle, Herbal, Cool, and Classic. As one of the subsidiaries of Ekulo Group of Companies, Evans benefits from the backing of an international limited liability company established in 1984. Prospective team members join a growing, product-focused organization with strong roots in the personal care and hygiene sector.

Your tasks

Job Overview

• To oversee and manage all factory-related financial activities, including cost accounting, inventory valuation, and production cost control.
• The Factory Accountant will ensure accurate reporting of manufacturing costs, support budgeting processes, and provide financial insights to enhance operational efficiency and profitability.

Cost Accounting and Analysis

• Maintain accurate costing systems for products and processes.
• Monitor standard costs vs actual production costs; analyse variances and report findings.
• Support product pricing decisions through cost analysis.

Inventory and Production Cost Management

• Track and value raw materials, work-in-progress (WIP), and finished goods.
• Reconcile inventory records with physical counts; investigate and resolve discrepancies.
• Support monthly and annual stock-taking exercises.

Budgeting and Forecasting

• Assist in preparing factory operational budgets and forecasts.
• Monitor budget performance, identify cost overruns or savings opportunities.
• Support management with variance analysis and cost projections.

Financial Reporting and Compliance

• Prepare factory-related financial reports and performance dashboards.
• Ensure compliance with internal controls, accounting policies, and statutory regulations.
• Liaise with auditors during internal and external audits.

Payroll and Labour Cost Monitoring

• Collaborate with HR and production to ensure accurate recording of labour costs.
• Analyse labour efficiency and its impact on production cost.

Fixed Assets and Capital Expenditure

• Monitor capital investments in the factory, including machinery and infrastructure.
• Maintain accurate fixed asset registers and depreciation schedules.

Cross-functional Collaboration

• Work closely with production, procurement, stores, and logistics teams to ensure cost efficiency.
• Participate in operational meetings to provide financial insights and data-driven recommendations.

Key Performance Indicators (KPIs)

• Accuracy of cost and inventory data
• Timeliness of monthly reporting
• Budget variance reduction
• Cost-saving initiatives identified and implemented
• Audit compliance and control effectiveness

Requirements

Education

• Bachelor's Degree in Accounting, Finance, or related field.
• Professional accounting certification (e.g, ICAN, ACCA) is a strong advantage.

• 3-5 years of experience in a manufacturing or production accounting role.
• Experience with cost accounting, ERP systems, and inventory control.

• Strong skills in financial accounting and reporting, including ledger management and preparation of financial statements.
• Proficiency in budgeting, forecasting, and financial analysis to support decision-making and cost control.
• Experience in accounts payable and receivable management, bank reconciliation, and cash flow monitoring.
• Knowledge of tax regulations, statutory reporting requirements, and compliance with local accounting standards.
• Competence in using accounting software and MS Excel; familiarity with ERP systems is an advantage.
• Bachelor’s degree in Accounting, Finance, or a related field; professional certification (e.g., ACA, ACCA) is a plus.
• Attention to detail, strong numerical skills, and the ability to maintain accurate records under tight deadlines.
• Effective communication, collaboration skills, and a commitment to ethical financial practices.
• Prior experience in manufacturing or FMCG environments is beneficial.