Cost Controller (225-924)

The Cost Controller is pivotal in a company's financial operations, often serving as a mediator between project management teams and the accounting department. This role is responsible for ensuring that various business activities and projects remain within their allocated budgets, thereby enhancing profitability and operational efficiency. The Cost Controller will meticulously analyze and forecast financial performance, implementing cost-effective strategies and solutions that align with the organization's financial goals. This role requires a keen analytical mind, proficiency in financial software, and the ability to handle vast amounts of data to ensure financial accuracy and compliance. The ideal candidate will possess strong communication skills to effectively liaise with various departments and stakeholders, providing critical insights and reports to support executive decision-making.

Responsibilities

• Develop and maintain a comprehensive system for cost control and budgeting.
• Analyze project expenditures and ensure adherence to budgetary constraints.
• Prepare detailed financial reports and present findings to senior management.
• Collaborate with project managers to develop accurate cost forecasts and variance reports.
• Monitor changes in existing budgets and communicate necessary adjustments promptly.
• Evaluate the financial impact of potential project changes or unexpected expenses.
• Implement cost control strategies to optimize project delivery efficiency.
• Ensure compliance with established financial protocols and regulatory requirements.
• Assist in the preparation and evaluation of financial models for new projects.
• Conduct periodic audits to verify the integrity of financial data and reports.
• Provide training and support to junior staff on cost management best practices.
• Perform regular market analysis to anticipate trends and mitigate financial risks.

Requirements

• Bachelor’s degree in Finance, Accounting, or a related field required.
• Proven experience as a Cost Controller or in a similar financial role.
• Strong knowledge of budgeting, financial analysis, and cost management principles.
• Proficiency with financial software and Microsoft Office Suite, especially Excel.
• Excellent analytical skills with a strong attention to detail and accuracy.
• Solid communication skills to effectively present financial information.
• Ability to work independently under tight deadlines and manage multiple priorities.
• Certification such as CMA (Certified Management Accountant) is a plus.
• Experience in project management and a deep understanding of financial regulations.