Budget & Cost Controller Experience in Manufacturing industry

Budget & Cost Controller Experience in Manufacturing industry from 9 to 11 Years

Key Responsibilities

Budget Preparation

• Participate in preparing the annual budget for all departments

• Coordinate with department managers to collect budget data

• Ensure consistency and accuracy of budget assumptions

• Maintain the budget structure and documentation

Budget Monitoring

• Monitor actual performance against the approved budget

• Track monthly budget utilization across departments

• Identify and analyze budget variances

Financial Analysis & Reporting

• Prepare periodic budget performance reports

• Provide clear analysis explaining major variances

• Support management discussions with structured financial information

Cost Monitoring

• Monitor operational and overhead costs

• Analyze cost trends and identify potential cost-saving opportunities

• Support the development of a structured costing system

Financial Planning Support

• Assist management in financial planning and forecasting

• Provide financial analysis required for decision making

• Support preparation of financial projections when required

Coordination

• Coordinate with accounting team to ensure accuracy of financial data

• Work closely with operations and production teams for cost monitoring

• Ensure alignment between financial data and operational activities

Required Qualifications

• Bachelor's degree in Accounting, Finance, or related field

• Not less than 7 years of experience in budgeting, financial analysis, or cost control

• Strong knowledge of budgeting and financial reporting

• Good understanding of costing concepts in operational environments

• Strong working knowledge of Microsoft Excel

Skills

• Strong analytical and financial modeling skills

• Attention to detail

• Ability to interpret financial data clearly

• Communication and coordination skills

• Professional integrity

Key Performance Indicators (KPIs)

• Accuracy of budget preparation

• Quality of variance analysis

• Timeliness of budget monitoring reports

• Effectiveness of financial insights provided to management