Production / Factory Accountant
Rite Foods Limited
Job Purpose
- The Production/Factory Accountant is responsible for managing all factory-related accounting activities, ensuring accurate product costing, inventory valuation, manufacturing cost control, and financial reporting.
- The role partners with Production, Supply Chain, Procurement and Operations teams to provide timely financial insights, monitor manufacturing performance, optimize production costs, and ensure compliance with accounting standards.
Key Responsibilities
- Manage all factory accounting activities, ensuring the accuracy and integrity of manufacturing financial records.
- Prepare and maintain product costing, standard costing and cost allocation models for all production lines.
- Monitor direct material, direct labor and manufacturing overhead costs, identifying cost drivers and recommending improvement initiatives.
- Analyze production costs, yield variances, material usage and operational efficiencies, providing recommendations to management.
- Prepare daily, weekly and monthly production cost reports and management reports.
- Reconcile raw materials, work-in-progress (WIP), finished goods and production inventory with physical stock records.
- Ensure accurate inventory valuation in accordance with applicable accounting standards and company policies.
- Monitor inventory movements, stock adjustments, write-offs and obsolete inventory, ensuring appropriate financial treatment.
- Support month-end and year-end closing activities relating to factory operations, including journal entries, accruals and reconciliations.
Qualifications
- First Degree or its equivalent in Accounting, Finance, Economics or other related discipline
- Professional Certification, e.g. ACA, ACCA, CFA, etc. is required
- Minimum of 7 years’ relevant experience on similar role.
Required Skills & Competencies:
- Inventory Control and Management Skills
- Inventory Count, Analysis and Forecasting Skills
- Cost Accounting and Management Skills
- Knowledge of Accounting Standards, Principles and Concepts
Application Closing Date
14th August, 2026.
How to Apply
Interested and qualified candidates should send their CV to: using the job title as the subject of the mail.
Note : Only shortlisted candidates will be contacted.
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Vacancy posted 13 hours ago
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