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Industrial

Cost accounting that lifts the whole plant.

Standard costing, BOM control, WIP tracking and plant P&L for manufacturers — turning shop-floor data into board-level insight.

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Industry Challenges

Where manufacturing finance actually breaks.

We designed our practice around the everyday realities operators in this sector wrestle with.

Recipe / BOM complexity

Multi-level bills of materials with variable input costs.

WIP & finished-goods valuation

Inventory sitting across shop floor, warehouse and depot.

Machine downtime & yield

Financial impact of downtime often invisible to the CFO.

FX and imported inputs

Naira-denominated selling with dollar-denominated costs.

Financial Risks

What happens when it's left unattended.

These are the failure modes we most commonly find in the first 30 days of every diagnostic.

  • Margin erosion

    Input-cost swings absorbed silently by the P&L.

  • Inventory misstatement

    WIP and finished-goods values quietly drift from reality.

  • Working-capital lock-up

    Cash trapped in unreconciled inventory positions.

  • Tax exposure

    Excise, VAT and WHT missteps on complex product lines.

Our Solutions

How Soteria solves it.

A senior-led engagement model with proven playbooks calibrated to your sector.

01

Standard costing system

Standards set, variances tracked, root causes explained.

02

BOM & yield engine

Multi-level bills with real-time actual-vs-standard analysis.

03

Plant P&L dashboards

Line-by-line contribution margins at the board's fingertips.

04

Working-capital model

Days-of-inventory and cash-conversion cycle at management review.

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The engagement mix that actually moves the needle.

Every service listed here can be delivered onsite, virtually or hybrid — bundled into a single monthly retainer.

Cost Accounting
BOM & Recipe Management
WIP & Inventory Valuation
Plant P&L Reporting
Payroll & Statutory
Cash Flow & Working Capital
ERP for Manufacturing
Audit Support
Tax Advisory
Virtual CFO
Benefits

What our manufacturing clients walk away with.

Explained margins

Every naira of variance traced to a root cause.

Trusted inventory

WIP and stock values you can defend to any auditor.

Cash released

Working capital freed from over-stocked positions.

Board-ready decks

CFO packs that get through investment committees.

Success Story

A regional FMCG manufacturer

Context. Monthly close took 22 days and gross margins moved unpredictably.

What we did. Introduced standard costing, plant P&L and integrated ERP module.

Close 22d → 6d; gross margin variance ±0.6%
We now debate strategy in exco — not last month's numbers.
Chief Financial Officer
Ready when you are — Manufacturing

Let's build the finance function manufacturing deserve.

Book a complimentary 45-minute strategy session with a Soteria partner. No slides, no sales pitch — a working conversation about your books, your risks and your next move.