Cost Controller

Location: Dubai
Salary: Up to AED 10,000
Job Code: 219/001/375
Industry: Construction

Job Summary:
As a Cost Controller, you will be a vital part of our finance team, responsible for monitoring, analyzing, and controlling costs across various aspects of our operations. Your role will involve collaborating with multiple departments to ensure cost efficiency, budget adherence, and financial sustainability.

Job Responsibilities:

Cost Analysis:
  • Analyze and monitor costs associated with operations, projects, or specific initiatives.
  • Identify cost trends, variations, and areas of concern.
  • Provide insights and recommendations to management for cost control and reduction.

Budgeting and Forecasting:
  • Collaborate with department heads and finance teams to develop annual budgets.
  • Assist in the preparation of financial forecasts and projections.
  • Track actual expenses against budgeted figures and report variances.

Cost Control:
  • Implement and maintain effective cost-control procedures and policies.
  • Review and approve expenditures, ensuring compliance with established budgets.
  • Identify cost-saving opportunities and process improvements.

Financial Reporting:
  • Prepare regular cost reports for management, summarizing key performance metrics.
  • Assist in the preparation of financial statements and reports.
  • Maintain accurate and up-to-date cost data records.

Inventory Management
  • Monitor inventory levels, valuation, and turnover.
  • Implement inventory control measures to optimize working capital.
  • Identify slow-moving or obsolete inventory and recommend actions.
  • Purchase orders control and price comparison.

Job Requirements:
  • 5+ years of experience in cost control.
  • Should be able to speak English and Arabic.
  • Must have Manufacturing / Precast industry experience.

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