Cost Controlling Specialist

Purpose and Mission

• Responsible for analyzing and managing the costs associated with the company’s operations.

Key Activities and Responsibilities

• Cost Analysis: Collect and analyze cost information to determine the cost of business activities and identify cost-saving opportunities.
• Budgeting: Prepare and monitor budgets, ensuring alignment with financial goals and identifying variances.
• Cost Reporting: Generate detailed cost reports and present findings to management, highlighting key insights and recommendations.
• Standard Costing: Develop and maintain standard costs for products and services, ensuring accuracy and consistency.
• Variance Analysis: Conduct variance analysis to compare actual costs to standard costs, identifying reasons for discrepancies.
• Inventory Management: Monitor and analyze inventory costs, ensuring accurate valuation and cost control.
• Process Improvement: Identify and implement process improvements to enhance cost efficiency and operational effectiveness.
• Compliance: Ensure all cost accounting activities comply with relevant accounting standards and regulations.

Skills

• Exceptional ability to analyze financial data and identify cost-saving opportunities.
• High level of accuracy and attention to detail.
• Excellent verbal and written communication skills.
• Familiarity with cost accounting software and financial reporting tools.
• Strong problem-solving skills to address and resolve cost-related issues.
• Understanding of relevant accounting standards and compliance requirements

Previous Experience

• Minimum 3-5 years of experience in cost accounting or a related accounting role.
• Experience with accounting software and financial reporting tools.

Qualifications and Education

• Bachelor’s Degre in Accounting, Finance, Business Administration, or a related field.