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Cost Controller

3.00 to 5.00 Years   Dammam, Saudi Arabia   22 Nov, 2023
Fouad Alansari Group
1 Jobs Openings
Job LocationDammam, Saudi Arabia
EducationBachelor's degree / higher diploma
SalaryNot Mentioned
IndustryHome & Office Furniture; Construction & Building; Accounting
Functional AreaNot Mentioned

Job Description

JOB SITE: Dammam, Saudi Arabia

  • 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
  • monitoring and analysing costs
  • cooperating with project managers to help them meet budgeting goals
  • writing reports and presenting information to key stakeholders
  • developing and adjusting budgets
  • researching to find opportunities to reduce expenses
  • 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
  • evaluating project requirements to provide vital resources, including financial and human resources
  • communicating with suppliers to negotiate material costs
  • optimising decommissioning procedures to minimise losses
  • visiting and monitoring retail outlets to assess wastage and efficiency
  • 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
  • investigating unprofitable variances and losses
  • developing cost-efficient solutions to implement changes

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