Cost Management Specialist-Flour Mills of Nigeria Plc
Flour Mills Of Nigeria Plc
Lagos
6d ago
source : BetaJob

The Job

  • Work with relevant stakeholders and a small team to aggressively and sustainably drive cost reduction and efficiency improvement initiatives across the FMN group.
  • She / he will play an instrumental role in various change management programs and, in general, act as an agent of change always with a focus on cost reduction / productivity improvement.

  • Provide deep and actionable insights into the current cost base / structure supported by clear and accurate analytics and metrics.
  • Helps line managers understand and act upon such metrics.

  • Conceive, advocate and drive short-, medium-, and long-term cost optimization initiatives by introducing rolling annual and 5-year programs
  • Coordinate and proactively monitor all cost optimization projects by utilizing easy-to-understand, actionable, reports and dashboards.
  • Facilitate adoption of cost avoidance strategies and best practices by providing toolkits and guidance to cost reduction and efficiency improvement.
  • Continuously identify opportunities to reduce cost, improve productivity / efficiency, and advocate the same to relevant stakeholders.
  • Foster a continuous improvement and cost avoidance culture across all FMN business(es).
  • The Person Must :

  • Ensure percentage variance of actual direct and indirect cost to the budget.
  • Ensure percent of cost optimization projects completed on time, within scope, and budget.
  • Must have data accuracy.
  • Qualifications

  • First Degree preferably in the fields of Engineering, Management, Business Administration, Computer Science, Operations Research, Organisational Behaviour, Mathematics or Finance.
  • A Master's Degree in any of the above or related fields and / or an MBA would be a plus.
  • Professional qualifications such as ICAN or ACCA or CFA are a plus advanced finance competency and numeracy are expected.
  • Mastery of software applications such MS Excel, PowerPoint, etc is essential. Some familiarity with ERPs would be a plus.

    Experience :

  • Minimum of 5 years of relevant experience with a major manufacturing player or a top-notch management or technology consultancy firm.
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