Cost Controller
6 months ago
Supporting the operations by maintaining the standard and quality of goods.
- Providing the alternative options and getting approval before proceeding.
- Work in conjunction with all department heads to ensure maximum profitability.
- Provide critical assessment of all budgets and cost projections.
- Continuous assess all incoming products, resources, and services to ensure the best price.
- Maintain vendor and service provider relationships.
- Remain acutely aware of market trends that could impact resource costs.
- Keep up to date on new vendors and possible cost-cutting partnerships.
- Analyze invoices to ensure correct products/services were received at the expected cost.
- Collaborate with department heads to strategize ways to minimize waste.
- Demonstrate a comprehensive understanding of the interdependency of cost.
- Understand the entire arc of the business and how productivity impacts profitability.
- Commit to maximizing efficiency at all levels without compromising quality.
- Develop and implement proactive solutions and cost-cutting measures to be presented and approved by the operations.
- Present new strategies and assessments to stakeholders in a compelling way.
- Educate and persuade stakeholders to procure buy-in and cooperation.
- Roll out clear cost-saving programs with timelines and assessment goals.
- Creating, monitoring and updating budgets and cost estimates for projects to ensure that costs are within expected ranges.
- Creating and reviewing expense reports to ensure that expenses are reasonable and appropriate for the circumstances to be presented with the stakeholders.
- Coordinating with other departments such as accounting, marketing and finance to ensure that all costs are accurately tracked.
- Conducting cost analyses to identify areas where costs can be reduced or eliminated altogether and provide report with findings and recommendations.
- Monitoring budgets to ensure that spending does not exceed approved levels.
- Collecting cost data from suppliers to track material costs.
- Preparing reports to management regarding costs and expenses
- Preparing bid estimates for new projects or bids on existing projects
- Managing supplier relationships to ensure that the company is receiving quality products at competitive prices.
- Inventory tracking and reporting.
- Creating and presenting the expected budget for the next month and providing the proper report in an instance that it exceeds the budget or did not reach the budget, to oversee in what particular area we exceed or faced any changes.
- Submitting invoices to the finance department in timely manner as agreed to control the proper cost and provide the support.
- Creating report analysis to be presented with the owners.
Ability to commute/relocate:
- Al-Ayn: Reliably commute or planning to relocate before starting work (required)
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