Job Title: Cost Controller
Location: Abu Dhabi, UAE
Overview:
We are seeking a highly motivated Cost Controller with a solid background in manufacturing industry practices to join our team in Abu Dhabi. The ideal candidate will have at least 4 years of relevant experience in cost control, auditing, and ERP implementation. With a focus on cost deduction strategies, the Cost Controller will play a pivotal role in optimizing our operational efficiency and financial performance.
Key Responsibilities:
Cost Control and Analysis:Develop, implement, and maintain cost control procedures to monitor and analyze expenses across various departments.Analyze cost variances, investigate discrepancies, and provide actionable insights to management for cost reduction and process improvement.Conduct regular audits to ensure adherence to cost control measures and identify areas for optimization.ERP Implementation and Management:Collaborate with cross-functional teams to implement and customize ERP systems to streamline cost tracking and reporting processes.Oversee the integration of cost control modules within the ERP system and provide training to end-users for effective utilization.Continuously evaluate and enhance ERP functionalities to meet evolving business needs and improve data accuracy.Budgeting and Forecasting:Assist in the preparation of annual budgets and forecasts by providing accurate cost data and insights.Monitor budget performance against actual expenditures, highlight deviations, and recommend corrective actions as necessary.Participate in strategic planning sessions to align cost objectives with organizational goals and objectives.Financial Reporting and Compliance:Prepare timely and accurate financial reports, including cost analysis reports, for management review and decision-making purposes.Ensure compliance with relevant accounting standards, regulatory requirements, and internal controls related to cost accounting practices.Liaise with internal and external auditors during audit processes and address any audit findings related to cost control activities.Continuous Improvement Initiatives:Proactively identify opportunities for cost reduction, efficiency improvements, and process optimization throughout the organization.Lead or participate in cross-functional teams to implement cost-saving initiatives and best practices.Stay updated on industry trends, benchmarks, and best-in-class practices in cost control and recommend relevant strategies for adoption.
Qualifications and Skills:
Bachelor\'s degree in Accounting, Finance, or related field. MCom, CMA, or CA qualification preferred.Minimum of 4 years of experience in cost control, preferably within the manufacturing industry in the UAE.Proven experience in ERP implementation, customization, and maintenance, with proficiency in relevant ERP software.Strong analytical skills with the ability to interpret complex data and generate actionable insights.Excellent communication and interpersonal skills, with the ability to collaborate effectively across different levels of the organization.Detail-oriented with a high level of accuracy and adherence to deadlines.Ability to work independently, prioritize tasks, and handle multiple projects simultaneously.Knowledge of relevant accounting standards, regulations, and compliance requirements.Proficiency in Microsoft Excel and other financial software applications\xef\xbb\xbf

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