Cost & Inventory Controller

Khobar Accounting

27 Oct 2024

Khobar

Accounting

Accounting

1

Cost Controller Duties and Responsibilities : 

  •  Work in conjunction with all department heads to ensure maximum profitability
  •  Provide critical assessment of all budgets and cost projections
  •  Assess all incoming products, resources, and services to ensure the best price
  •  Maintain vendor and service provider relationships
  •  Remain acutely aware of market trends that could impact resource costs
  •  Keep up to date on new vendors and possible cost-cutting partnerships
  •  Analyze invoices to ensure correct products/services were received at the expected cost
  •  Collaborate with department heads to strategize ways to minimize waste
  •  Demonstrate a comprehensive understanding of the interdependency of cost drivers
  •  Understand the entire arc of the business and how productivity impacts profitability
  •  Commit to maximizing efficiency at all levels without compromising quality
  •  Develop and implement proactive solutions and cost-cutting measures
  •  Present new strategies and assessments to stakeholders in a compelling fashion
  •  Educate and persuade stakeholders to procure buy-in and cooperation
  •  Roll out clear cost-saving programs with timelines and assessment goals

Cost Controller Requirements and Qualifications :

  • Bachelor's degree in finance or relevant field strongly preferred
  • Minimum 10 years experience working in cost control age between 32 and 38
  • Management experience strongly preferred
  • Exceptionally well organized with an aptitude for data
  • Outstanding communication skills, both written and verbal
  • Solid networking and interpersonal skills
  • Able to generate budgets and reports
  • Strong presentation skills, able to explain concepts concisely and accurately
  • Able to develop strong, cooperative relationships with department heads
  • Creative thinking skills and ability to solve problems