Cost Controller

at Saudi Recruit
Published November 22, 2022
Location Riyadh, Saudi Arabia
Category Management  
Job Type Full Time  
Salary Unit Hour

Description

Under the direction of the Managing Director, and within the limits of established Policies and Procedures, the Cost Controller has to oversee the cost management for the entire company. His role is to work collaboratively with various department managers to analyze costs, assess vendor relationships, and maximize profitability. To succeed in this position, he should demonstrate an aptitude for efficiency, problem-solving, and resourcefulness, with a deep commitment to the bottom line without compromising quality.

RELATIONSHIPS

• Reports to the Managing Director – Financial Controller

• Communicate and Coordinate with the outlet managers, Head Chefs, Purchasing managers, and Store Keepers.

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
• Roll out clear cost-saving programs with timelines and assessment goals

Education

Bachelor's degree in finance or relevant field strongly preferred

Experience

Minimum 4 years' experience working in cost control

Management experience strongly preferred

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