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Cost Controller at a Marine Logistics and Supply Servicing Company – Myrtle Management Consultants Limited

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View Jobs at Myrtle Management Consultants Limited
Full Time Jobs
Rivers
Posted 7 months ago

Job Title: Cost Controller

Activities

  • Develop and implement cost control procedures to ensure adherence to the company’s financial targets.
  • Monitor and control project and operational costs to prevent cost overruns.
  • Maintain detailed records of actual costs versus budgeted costs for all projects and operational costs.
  • Prepare monthly, quarterly, and annual cost reports, including cost variance analysis, and communicate findings to management.
  • Budgeting and Forecasting:
  • Work with department heads to prepare detailed budgets and forecasts.
  • Track and analyze budget variations, recommending corrective actions where necessary.
  • Provide financial projections and cost analysis to support budgeting decisions.
  • Cost Analysis:
  • Analyze and review cost estimates and expenses across the company’s operations.
  • Identify trends in cost drivers and suggest measures to improve cost efficiency.
  • Conduct profitability analysis for projects, identifying areas for cost reduction.
  • Financial Audits and Compliance:
  • Assist with internal and external audits by providing necessary cost-related information and reports.
  • Ensure compliance with financial regulations and standards related to cost control.
  • Support the finance team in implementing and maintaining internal controls to safeguard company assets.
  • Project Coordination:
  • Collaborate with project managers and other departments to align cost control efforts with project timelines and objectives.
  • Monitor and update project cost forecasts, ensuring project expenses stay within approved budgets.
  • Participate in project review meetings, offering insights into cost-related issues and solutions.
  • Supplier and Contract Management:
  • Evaluate cost proposals from vendors and suppliers, ensuring optimal pricing for goods and services.
  • Track and monitor contract performance, ensuring financial terms are adhered to.
  • Negotiate with suppliers to ensure cost-effective procurement of materials and services.

Candidate Profile

  • Candidates should possess a Bachelor’s Degree in Accounting, Finance, Economics, or a related field.
  • Professional certification (e.g., ACA, ACCA, CIMA) is an advantage.
  • A minimum of 3- 5years of experience in cost control, financial management, or a related role, preferably in the maritime, oil & gas, or infrastructure sectors.
  •  Experience with financial and cost management software.
  • Strong analytical and numerical skills, with attention to detail.
  • Proficiency in cost management software and Microsoft Excel.
  • Excellent communication and presentation skills.
  • Ability to work under pressure and meet deadlines.
  •  Problem-solving mindset with the ability to identify cost-saving opportunities.
  • Knowledge of industry-specific cost structures and processes (maritime, logistics, etc.) is an asset.
  • High level of integrity and ethical behavior.
  • Strong organizational skills with the ability to multitask.
  • Collaborative and team-oriented approach to work.
  • Strong business acumen and financial awareness.

Application Instructions:

The application deadline is 30th November 2024. Therefore qualified and interested candidates can “CLICK HERE TO SUBMIT APPLICATION”

Job Features

Job CategoryFinance Jobs

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