Factory Cost Controller

Olam

Accounting, Auditing & Finance

Company Description

Olam Group is a leading food and agri-business supplying food, ingredients, feed, and fiber to 20,900 customers worldwide. Our value chain spans over 60 countries and includes farming, processing, and distribution operations, as well as a sourcing network of an estimated 5.0 million farmers. By 'Re-imagining Global Agriculture and Food Systems', Olam Group aims to address challenges in meeting global food needs while achieving positive impacts for farming communities, our planet, and stakeholders. Headquartered in Singapore, Olam Group is listed among the top 30 largest primary listed companies on the SGX-ST and is a part of the FTSE4Good Index Series, which identifies strong ESG practices.

Role Description

This is a full-time on-site role for a Factory Cost Controller, located in Lagos State, Nigeria. The Factory Cost Controller will be responsible for managing all aspects of cost control within the factory operations. Key tasks include monitoring and analyzing cost variances, implementing cost-saving measures, keeping accurate cost accounting records, preparing financial reports, and collaborating with various departments to optimize factory cost management.

Responsibilities:

• Providing financial leadership and Counsel on Cost Management to the Manufacturing team and Plant Manager.
• Directing and controlling all Site financial activities related to Global Manufacturing & Supply (GMS) Finance and Accounting in order to achieve optimal efficiency and effectiveness.
• Proper accounting of Manufacturing overheads (MOH)
• Evaluate investment proposals, New Product Introduction and other key financial decision for the business.
• Partner with the Commercial team to meet business goals and mediate to resolve all GMS finance related queries.
• Responsible for Standard Cost price calculations, product costing BOM review and analysis,
• Price Variance analysis (Materials and Imported products),
• Inventory Controls/Management,
Landed Cost determination and Gross Margin analysis

Qualifications

• Cost Control and Cost Management skills
• Cost Accounting and Finance skills
• Strong Analytical Skills
• Excellent communication and collaboration skills
• Bachelor's degree in Finance, Accounting, or a related field
• Professional certification (e.g., CPA, CMA) is an advantage
• Experience in factory or manufacturing environments is desirable
Proficiency in relevant software tools and systems

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