Company: A renowned local group with diverse business verticals.
Job Summary: The Cost Control Manager will be responsible for leading the organization's cost management and financial control activities to ensure optimal cost efficiency, budget adherence, and financial transparency. This role oversees cost planning, monitoring, forecasting, and variance analysis across operations, while partnering with senior stakeholders to drive strategic cost optimization initiatives.
Key Responsibilities
- Lead the development, implementation, and continuous improvement of cost control systems, policies, and reporting frameworks.
- Manage and oversee cost monitoring and analysis across production, procurement, inventory, logistics, and operational functions.
- Review and analyze budget performance, identify variances, and provide clear insights and corrective action recommendations to management.
- Prepare and validate cost forecasts, rolling budgets, and long-term cost projections.
- Partner with operations, procurement, supply chain, and finance leadership to identify, evaluate, and implement cost reduction and efficiency initiatives.
- Oversee the preparation of detailed cost reports, dashboards, and management presentations.
- Conduct and supervise cost audits to ensure compliance with internal controls, accounting standards, and corporate policies.
- Support annual budgeting, reforecasting, and financial planning cycles.
- Lead, mentor, and develop cost control and cost accounting team members, where applicable.
- Drive process improvements, automation, and best practices in cost management and financial reporting.
Qualifications & Experience
- Bachelor's degree in Finance, Accounting, or a related field; professional certification (CA, CPA, CMA, ACCA, or equivalent) is preferred.
- Minimum 710 years of experience in cost control, cost accounting, or financial management, including a supervisory or managerial role.
- Strong expertise in cost accounting methodologies, budgeting, forecasting, and variance analysis.
- Proven ability to influence cross-functional stakeholders and support strategic decision-making.
- Advanced proficiency in Microsoft Excel and financial reporting tools; strong working knowledge of Oracle ERP is required.
- Excellent analytical, communication, and presentation skills.
- Ability to manage multiple priorities, work independently, and lead teams in a fast-paced environment.
