We are seeking a detailoriented and analytical Cost Controller to join our team in Jeddah Saudi Arabia. As a Cost Controller you will play a crucial role in managing and optimizing our organizations financial resources ensuring efficient cost management across all departments.
- Develop and implement cost control systems and procedures to monitor expenses and identify areas for improvement
- Analyze financial data prepare detailed cost reports and provide insights to management for decisionmaking
- Conduct regular inventory counts and reconciliations to maintain accurate stock levels
- Monitor and report on budget variances recommending corrective actions when necessary
- Collaborate with department heads to develop and manage departmental budgets
- Ensure compliance with company policies accounting standards and local regulations
- Prepare and review monthly quarterly and annual financial statements
- Assist in the development and implementation of costsaving initiatives
- Maintain accurate and uptodate financial records and documentation
- Participate in forecasting and longterm financial planning processes
- Conduct costbenefit analyses for proposed projects or investments
- Provide training and guidance to staff on cost control procedures and best practices
Qualifications :
- Bachelors degree in Accounting Finance or a related field (Diploma in a relevant field may be considered with extensive experience)
- Proven experience in cost control financial management or a similar role
- Strong knowledge of accounting principles practices and financial analysis
- Proficiency in Microsoft Office suite particularly Excel
- Experience with financial management software and inventory systems (e.g. Futurelog Opera)
- Excellent analytical and problemsolving skills
- Strong attention to detail and high level of accuracy
- Outstanding organizational and time management abilities
- Effective oral and written communication skills
- Ability to work independently and collaboratively in a fastpaced environment
- Familiarity with Saudi Arabian financial regulations and practices (preferred)
- Professional certification such as CMA or CIMA (preferred)
Additional Information :
- Being a Raffles employee means embodying and conveying the brand and the company mindset through our Heartiest service culture.
Remote Work :
No
Employment Type :
Fulltime