Cost Controller

December 5, 2024

Cost Controller

Abu Dhabi

Full Time

5+ years

M.Com / CMA/ CA semi qualified / Graduate in Civil Engineering

• Prior experience in manufacturing / construction Co’s as Cost Controller or Internal Auditor.
• Experience in ERP softwares

• Should be able to analyze costs, identify potential overruns and implement strategies to control expenses & risks.
• Conduct an assessment of all budgets and projections and contribute for profit maximisation.

• Collecting and analyzing data related to an organization’s costs
• Identifying cost-saving opportunities and implementing cost-reduction measures
• Preparing budget reports and financial forecasts
• Reviewing financial transactions and cost accounting to ensure accuracy
• Monitoring project budgets and ensuring they are adhered to
• Working closely with management to understand and control costs
• Providing recommendations for cost efficiency to upper management
• Coordinating and implementing audits to ensure compliance with financial regulations
• Presenting cost analysis results to management and making recommendations
• Develop and implement cost standards for materials and labor.
• Design and implement cost control procedures.
• Prepare budget and cost estimates for business lines.
• Coordinate physical inventory counts and cycle counts.
• Analyze production costs and recommend changes.
• Update standard costs in the bill of materials.
• Review actual costs for inaccuracies.
• Validate the cost of goods sold as part of the month-end close.
• Work with the finance team to complete monthly closings.