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Finance & Cost Controller
Job Overview
Develop and implement cost control systems to monitor expenditure, identify variances and drive cost-reduction initiatives. Prepare annual budgets, financial forecasts and cash flow projections aligned with business objectives. Analyze actual financial performance against budgets and forecasts and provide actionable recommendations to management. Manage and reconcile general ledger accounts, ensuring accuracy and compliance with applicable accounting standards. Monitor project-wise, department-wise and production-wise costs, including material, labor and overhead expenses. Ensure accurate and timely preparation of project costing sheets and quotation cost reviews. Monitor project profitability, cost variances and budget utilization, highlighting deviations to management. Prepare and submit accurate and timely MIS reports and financial analysis. Monitor material consumption, wastage, inventory valuation and stock variances. Ensure purchase orders comply with approved project budgets and cost allocations. Coordinate with Procurement, Stores, Production, Projects and Accounts teams for effective cost monitoring. Conduct internal audits as per the approved audit plan and ensure timely closure of audit observations and corrective actions. Identify cost-saving opportunities and improve overall financial and operational efficiency. Establish effective internal financial controls and support management in financial planning and decision-making.
Desired Candidate Profile
Bachelor degree in Accounting, Finance, Commerce or a related field. 4-6 years of relevant experience in Finance and Cost Control. Professional qualifications such as CA Inter, ACCA or CMA will be an added advantage. Relevant experience in project costing, budgeting, cost control, management reporting and internal auditing. Experience in manufacturing, engineering, steel fabrication or project-based industries is preferred. Strong knowledge of financial analysis, project profitability and budget variance analysis. Proficiency in Microsoft Excel, ERP/accounting systems and MIS reporting tools. Strong analytical, problem-solving and communication skills. Employment Type Full-time
Keywords
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Log in Create account- CompanyExcel Industry Co LLC
- LocationAjman, UAE
- CategoryAccounting
- Listing sourceNaukrigulf
- Apply onnaukrigulf.com
- Listed1h ago