Cost Controller
Cost Controller
Posted on :
20-05-2025
Employer Active
1 Vacancy
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Job Description
About Our Client
Our client is a top business school in Africa providing academic and executive programmes specialized seminars and tailored executive education designed to transform individuals organizations and business practices across Africa and internationally.
About the role
The Cost Controller is responsible for planning developing monitoring and optimizing the
institution s cost and budget control strategies. The role ensures financial efficiency supports resource allocation and aligns operational spending with the strategic goals of the school. The Cost Controller will work closely with finance procurement academic units and project teams to ensure robust financial management and cost accountability.
Key Responsibilities
Key Responsibilities
- Develop and oversee the implementation of cost control systems procedures and policies.
- Participate in annual budget planning and midyear budget reviews with departmental heads.
- Monitor departmental and project expenditures to ensure alignment with approved budgets.
- Evaluate and recommend costsaving initiatives without compromising quality or academic integrity.
- Prepare periodic cost reports forecasts and variance analysis to aid decisionmaking.
- Analyse academic and administrative program costs to improve operational efficiency.
- Conduct costbenefit analyses for major purchases contracts and new initiatives.
- Report financial performance indicators and KPIs relevant to cost control to management.
- Collaborate with procurement to evaluate supplier contracts pricing and cost structures.
- Review and assess purchase requisitions for cost effectiveness and policy compliance.
- Ensure efficient inventory and asset management practices to minimize waste and pilferage.
- Implement and monitor internal controls to prevent cost overruns misuse and financial inefficiencies.
- Ensure compliance with institutional financial policies and regulatory requirements.
- Support internal and external audit processes by providing accurate and timely costrelated data.
- Provide cost insights and recommendations for strategic planning and operational improvements.
- Support the financial assessment of strategic partnerships donorfunded projects and capital investments.
- Contribute to the development of pricing models for programs conferences and other commercial activities.
Requirements
Requirements and Qualifications
Bachelor s degree in Accounting Finance Economics or related field.
Professional certification (e.g. ICAN ACA ACCA CIMA) is required.
Minimum of 5 7 years experience in financial planning cost control or related roles preferably in an academic or serviceoriented environment.
Strong experience with ERP systems budgeting software and advanced Excel skills.
Excellent analytical and numerical skills.
Strong attention to detail with a focus on accuracy.
Solid understanding of cost control methodologies and financial reporting.
Strategic thinking with the ability to interpret data and influence decisions.
Strong communication and interpersonal skills.
Integrity accountability and ability to work independently and within teams
Benefits
Why you should work for our client
- Positive serene and secure work environment that promotes innovation and creativity.
- The work atmosphere is ecofriendly stimulating and respectful of all employees.
- Employees enjoy rich training opportunities for personal and professional growth.
- Support worklife balance by respecting staff commitments outside work.
- Diversity and inclusion are central to achieving the institution s mission and goals.
- Equal employment opportunities are offered regardless of background; performance is the only criterion.
- Employee welfare is prioritized to enhance service quality and customer satisfaction.
- Investment in professional development of employees nurture talent from within.
- Staff are fairly remunerated based on value with added benefits like life cover and pensions.
- Joining our workforce is entering a strong ethical and likeminded professional community.
Requirements and Qualifications Bachelor s degree in Accounting, Finance, Economics, or related field. Professional certification (e.g., ICAN, ACA, ACCA, CIMA) is required. Minimum of 5 7 years experience in financial planning, cost control, or related roles, preferably in an academic or service-oriented environment. Strong experience with ERP systems, budgeting software, and advanced Excel skills. Excellent analytical and numerical skills. Strong attention to detail with a focus on accuracy. Solid understanding of cost control methodologies and financial reporting. Strategic thinking with the ability to interpret data and influence decisions. Strong communication and interpersonal skills. Integrity, accountability, and ability to work independently and within teams
Education
Bachelors degree in Accounting, Finance, Economics, or related fields
Employment Type
Full Time
Key Skills
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