Cost Control (Food and Beverage)

Job Title: Cost Controller

Requirments: Asian nationality or Non arab

Key Responsibilities:

Budgeting & Forecasting:

Assist in the preparation and maintenance of company budgets and forecasts. Ensure that all cost estimates are accurate and based on reliable data.

Cost Monitoring & Analysis:

Monitor and analyze ongoing project costs, ensuring that they remain within the allocated budget. Provide regular reports on cost performance to senior management.

Variance Analysis:

Identify and investigate any discrepancies between actual costs and budgeted amounts. Provide detailed explanations for variances and recommend corrective actions.

Cost Reporting:

Prepare regular cost reports, including cost trends, financial forecasts, and analysis of project profitability. Ensure reports are accurate and submitted on time.

Procurement Support:

Work closely with procurement teams to analyze costs associated with materials, goods, and services. Ensure cost-saving opportunities are identified and acted upon.

Cost Efficiency Recommendations:

Identify areas where cost reductions can be made, and suggest ways to improve overall cost efficiency without compromising quality.

Compliance & Documentation:

Ensure that all cost-related activities comply with internal policies, external regulations, and accounting standards. Maintain detailed records of all cost control activities.

Process Improvement:

Continuously monitor and assess current processes and systems to improve cost tracking, reporting, and forecasting practices.

Collaboration:

Collaborate with other departments (e.g., finance, project management, and operations) to ensure the company’s financial targets are met and costs are effectively managed.

Skills and Qualifications:

Education:

Bachelor’s degree in Accounting, Finance, Business Administration, or related field. Additional certifications like CMA (Certified Management Accountant) or Cost Management certification are a plus.

Experience:

Proven experience in cost control, financial analysis, or related roles, particularly in industries like construction, manufacturing, or project management.

Analytical Skills:

Strong analytical abilities to assess cost trends, investigate discrepancies, and suggest corrective actions.

Attention to Detail:

High level of accuracy in tracking costs and preparing financial reports.

Software Proficiency:

Proficient in Microsoft Excel (advanced level), ERP systems, and cost control software.

Communication Skills:

Strong written and verbal communication skills for report generation and collaboration with various departments.

Problem-Solving:

Ability to identify problems early, propose solutions, and implement corrective actions.

Job Type: Full-time

Pay: KD250.000 - KD350.000 per month

Work Location: In person