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Cost Controller

3 months ago

Dubai, Dubai, United Arab Emirates Careers International Full time

We are seeking a diligent and detailoriented Cost Controller. The Cost Controller will be responsible for managing and optimizing costs across all aspects of our operations to ensure profitability and efficiency. This role requires strong analytical skills attention to detail and the ability to work collaboratively with various teams within the organization.

Responsibilities:

  1. Cost Monitoring and Analysis:
    • Monitor and analyze costs related to food beverage labor and overhead.
    • Identify costsaving opportunities and recommend strategies for improvement.
    • Regularly review pricing structures to ensure competitiveness and profitability.
  2. Budgeting and Forecasting:
    • Assist in the preparation of annual budgets and financial forecasts.
    • Track budget performance and variance analysis on a regular basis.
    • Provide insights and recommendations to management based on budgetary analysis.
  3. Inventory Management:
    • Oversee inventory levels and manage inventory reconciliation processes.
    • Implement inventory control measures to minimize waste and shrinkage.
    • Coordinate with procurement team to optimize purchasing decisions and pricing agreements.
  4. Vendor Management:
    • Evaluate vendor performance and negotiate favorable terms and contracts.
    • Collaborate with procurement team to source costeffective suppliers and vendors.
    • Ensure compliance with vendor agreements and service level agreements.
  5. Reporting and Documentation:
    • Prepare regular financial reports and cost analysis summaries for management review.
    • Maintain accurate and uptodate records of all costrelated activities.
    • Provide adhoc reporting and analysis as requested by management.

Qualifications:

  • Bachelors degree in Accounting Finance Business Administration or related field.
  • Proven experience in cost control budgeting and financial analysis preferably in the catering or hospitality industry.
  • Strong analytical skills with the ability to interpret complex data and draw meaningful conclusions.
  • Excellent communication and interpersonal skills with the ability to collaborate effectively with crossfunctional teams.
  • Proficiency in Microsoft Excel and financial management software.
  • Attention to detail and a high level of accuracy in financial reporting and analysis.
  • Ability to work independently and prioritize tasks in a fastpaced environment.


-Bachelor\'s degree in Accounting, Finance, Business Administration, or related field. -Proven experience in cost control, budgeting, and financial analysis, preferably in the catering or hospitality industry. -Strong analytical skills with the ability to interpret complex data and draw meaningful conclusions.