Expense Controller at Fosad Consulting

Job Purpose

• The cost controller is responsible for controlling costs including Capital expenses, operating and project cost. This includes planning, developing, controlling, and forecasting costs.
• The cost controller works collaboratively with various department managers to analyze costs, assess vendor relationships, and maximize profitability and.
• The successful candidate must demonstrate an aptitude for efficiency, problemsolving, and resourcefulness, with a deep commitment to the bottom line without compromising quality.

Core Functions / Responsibilities
Planning Costs:

• Budgeting and monitoring of capital expenditures and operational cost including evaluating and conducting project cost/benefit analysis.

Managing Costs:

• Create a process for vendor onboarding and review of existing vendors.
• Assess all incoming products, resources, and services to ensure the best price.
• Ensure cost optimization by rolling out clear cost-saving programs with timelines and assessment goals.
• Work in conjunction with all department heads to initiate cost savings methods on a proactive basis.

Monitoring Costs:

• Monitor and update cost estimates for projects to ensure that costs are within expected ranges.
• Reviewing expense reports to ensure that expenses are reasonable and appropriate for the circumstances
• Coordinate with other departments to ensure all costs are accurately tracked
• Conducting cost analyses to identify areas where costs can be optimized altogether
• Monitor budgets to ensure that spending does not exceed approved levels
• Collect cost data periodically from suppliers or subcontractors to track material costs
• Preparing reports to management regarding costs and expenses

Requirements

• B.Sc. in social science related discipline plus Professional Qualification (ICAN, ACCA, CPA ).
• Minimum of 5 years of cost control experience.
• Intermediate knowledge of MS-Office suite.
• Capacity to work long hours, under pressure and with less supervision
• Exceptionally well organized with an aptitude for data
• Able to generate budgets and reports.
• Strong presentation skills, able to explain concepts concisely and accurately.
• Creative thinking skills and ability to solve problems.