R157 Cost Management Analyst

Location: Qatar

The Cost Management Analyst is responsible for monitoring analyzing and managing organizational costs to ensure financial efficiency regulatory compliance and alignment with company objectives. The role supports budgeting forecasting cost control inventory analysis and performance reporting while driving continuous improvement in cost management practices across the organization.

• Serve as the focal point for all cost-related matters within the organization.

• Monitor track and manage daily cost management activities and periodic deliverables.

• Prepare and maintain annual cost management plans models and forecasts.

• Develop and implement procedures policies and guidelines for the cost management function.

• Lead the preparation of consolidated cost budgets for the Group parent company and subsidiaries.

• Develop a comprehensive view of historical and projected cost and inventory balances.

• Ensure seamless integration between financial planning budgeting forecasting and reporting processes.

• Coordinate budgeting forecasting and reporting activities while ensuring consistency and quality control.

• Provide monthly cost analysis against budget and identify variances and improvement opportunities.

• Prepare monthly cost management reports and KPI dashboards.

• Conduct inventory trend analysis and monitor inventory performance metrics.

• Support management with ad-hoc cost analyses financial insights and decision-making reports.

• Conduct regular meetings with the Head of Section and Finance Controlling Manager to communicate progress and key findings.

• Collaborate with internal departments to gather data and inputs required for budget preparation.

• Drive cross-functional alignment on cost objectives assumptions and performance expectations.

• Lead monthly cost and inventory review meetings with stakeholders and department managers.

• Challenge budget variances and provide gap analysis with actionable recommendations.

• Drive and monitor cash preservation initiatives and cost-saving programs.

• Coordinate internal and external benchmarking exercises to identify cost optimization opportunities.

• Evaluate performance against benchmarks and recommend corrective actions to close identified gaps.

• Support continuous improvement initiatives related to financial planning cost control and inventory management.

• Bachelor’s Degree in Finance Accounting Economics Business Administration or a related discipline.

• 3–5 years of relevant professional experience in cost management financial planning budgeting or controlling.

• Experience within the Fertilizer Manufacturing Petrochemical or Industrial sector is preferred.

• Minimum 5 years of hands-on experience with SAP S/4HANA.

• Strong proficiency in Microsoft Excel and PowerPoint.

• Working knowledge of Power BI and data visualization tools.

• Strong analytical problem-solving and financial modeling skills.

• Excellent communication presentation and stakeholder management abilities.

• Fluent in English (spoken written and reading).

• Proficiency in Microsoft Office applications.

• Cost Management & Control

• Financial Planning & Analysis (FP&A)

• Budgeting & Forecasting

• Financial Modeling

• Inventory Analysis

• Variance & Gap Analysis

• SAP S/4HANA

• Power BI Reporting

• Strategic Thinking

• Stakeholder Management

Required Skills:

SAP S/4HANA Microsoft Excel power bi Financial Planning Cost Management Budget Analyst Budgeting & Forecasting