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Budget and Cost Controller
Job Description
Finance & Accounting
Reports To
Accounting Manager
Job Purpose
The Budget and Cost Controller is responsible for preparing, monitoring, and controlling the company's budget and financial performance.
The role focuses on analyzing actual results versus budget, identifying variances, and supporting management with clear financial reporting and cost analysis.
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
Reports To
Accounting Manager
Job Purpose
The Budget and Cost Controller is responsible for preparing, monitoring, and controlling the company's budget and financial performance.
The role focuses on analyzing actual results versus budget, identifying variances, and supporting management with clear financial reporting and cost analysis.
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
More Info
Key Skills
About Company
Skills:
Microsoft Excel, Financial Modeling, Financial analysis, Budgeting, Financial reporting, Cost Control