SENIOR BUDGET MANAGER / COST ACCOUNTANT AT DANGOTE INDUSTRIES LIMITED

About Company:

Dangote Group is one of Nigeria’s most diversified business conglomerates with a hard – earned reputation for excellent business practices and products’ quality with its operational headquarters in the bustling metropolis of Lagos, Nigeria in West Africa.

Job Description:

Budgeting & Forecasting:

• Lead the refinery’s annual budgeting and quarterly reforecasting process in collaboration with department heads and corporate finance.
• Develop budget models that reflect production volumes, input costs, energy usage, and maintenance schedules.
• Prepare cash flow forecasts and support funding needs planning in coordination with Trade Finance, Group Treasury and CFO.

Cost Accounting & Product Costing:

• Maintain and monitor accurate cost accounting records, including standard costs, actual cost capture, and cost center allocations.
• Track material usage, process losses, by-product credits, and overheads to establish true cost of production.
• Analyse cost-to-serve for different products (PMS, AGO, Jet, PPP) and monitor refinery margin structures.

Operational & Financial Analysis:

• Prepare and analyse variance reports comparing actual results to budget and forecast at a granular level (per unit, per shift, per plant).
• Work closely with Refinery Operations to understand root causes for deviations in cost, yield, or efficiency.
• Recommend corrective actions and drive continuous improvement in cost management practices.

Internal Controls & Reporting:

• Ensure compliance with Group policies on budget governance, cost control, and expenditure approval.
• Support implementation of cost accounting modules in SAP and digital dashboarding tools.
• Collaborate with external and internal auditors on inventory valuation, cost records, and financial integrity.

Requirements:

Technical & Functional Competencies:

• Advanced knowledge of cost accounting principles, refinery margin analysis, and budget modelling.
• Proficiency in ERP systems (SAP), Excel modelling, and BI/reporting tools.
• Understanding of production, maintenance, and supply chain dynamics in the refining sector.

Leadership & Soft Skills:

• Highly analytical and detail-oriented.
• Strong communication skills with ability to interface with operations and finance teams.
• Proactive, accountable, and deadline-driven.
• Ability to challenge assumptions and guide data-driven decision-making.

Qualifications and Skills:

• Bachelor’s degree in Accounting, Finance, or Engineering; Master’s or MBA preferred.
• Professional certification (e.g., ACA, ACCA, CMA, CPA) is strongly preferred.
• 8–12 years of experience in budgeting and cost accounting, with at least 5 years in a capital-intensive or refining environment.
• Experience with refinery operations, oil & gas cost structures, or manufacturing process costing required.

Salary

Application Closing Date: Not specified

Application Instructions:

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