Job Opportunities in United Arab Emirates
September 21, 2024
Al Reem Hospico co LLC
Al-Ayn
FULL TIME
Cost Controller
Job Role: Cost Controller
Job Summary:
The Cost Controller will be responsible for overseeing and managing the company’s cost control processes to ensure financial accuracy and efficiency. This role involves analyzing cost data, preparing budgets, monitoring expenses, and providing insights to support strategic decision-making. The ideal candidate will possess strong analytical skills, attention to detail, and the ability to work collaboratively with various departments.
Key Responsibilities:
Job Summary:
The Cost Controller will be responsible for overseeing and managing the company’s cost control processes to ensure financial accuracy and efficiency. This role involves analyzing cost data, preparing budgets, monitoring expenses, and providing insights to support strategic decision-making. The ideal candidate will possess strong analytical skills, attention to detail, and the ability to work collaboratively with various departments.
Key Responsibilities:
- Cost Management:
- Develop and maintain cost control systems and processes to ensure accurate and timely financial reporting.
- Monitor and analyze cost performance across various departments and projects.
- Prepare and review cost estimates, budgets, and forecasts.
- Financial Analysis:
- Conduct detailed cost analysis to identify areas for cost reduction and efficiency improvements.
- Provide financial insights and recommendations to support strategic planning and decision-making.
- Generate regular and ad-hoc reports on cost performance and variances.
- Budgeting and Forecasting:
- Assist in the preparation and management of budgets, including tracking and reporting on budget performance.
- Collaborate with departments to develop accurate financial forecasts and budgets.
- Reporting and Compliance:
- Ensure compliance with financial regulations and internal policies.
- Prepare and present financial reports to senior management, highlighting key cost metrics and trends.
- Process Improvement:
- Identify and implement cost control initiatives to enhance financial efficiency and effectiveness.
- Review and improve existing cost control processes and systems.
- Collaboration:
- Work closely with other departments to understand cost drivers and provide support for cost-related queries.
- Participate in cross-functional teams and projects as required.
- Education: CA/ACCA qualified is a must.
- Experience: Min 10 years of experience in cost control, financial analysis, or a related field in construction/facility management.
- Skills:
- Strong analytical and problem-solving skills.
- Proficiency in financial software and Microsoft Excel.
- Excellent communication and interpersonal skills.
- Ability to work independently and manage multiple priorities.
- Other Requirements:
- Detail-oriented with a strong commitment to accuracy and integrity.
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