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Cost Controller at Alfred & Victoria Associates

Posted on Mon 22nd May, 2023 - hotnigerianjobs.com --- (0 comments)


Alfred & Victoria Associates is one of Nigeria’s leading ICT solution based company. Our company offers a wide range of services which are in high demand of today’s emerging market. AVA has three major arms which have been streamlined to meet our customer's needs. The three major arms are: Consulting, Recruitment and Training.

Alfred & Victoria Associates has become one of the most sought after Human Capital Development Organization in recent times. She is fast becoming the distinguished strategic partner required in all sectors of the economy, and also in the fast growing world of outsourcing which is now in huge demand in all profession.

We are recruiting to fill the position below:

Job Title: Cost Controller

Location: Lagos
Employment Type: Full-time

Job Summary

  • We are seeking an experienced Cost Controller to join our team. As a Cost Controller, you will play a crucial role in monitoring, analyzing, and controlling costs within our organization. With a minimum of 5 years of relevant work experience, you will be responsible for implementing cost control measures, ensuring financial efficiency, and supporting informed decision-making processes.
  • The ideal candidate will have a strong analytical mindset, excellent attention to detail, and the ability to collaborate effectively with cross-functional teams.

Responsibilities

  • Monitor and analyze project and operational costs, identifying areas of potential savings and cost optimization opportunities.
  • Develop and implement cost control measures, policies, and procedures to ensure adherence to budgetary guidelines.
  • Conduct regular cost reviews and variance analysis to assess actual expenses against budgeted costs, identifying deviations and recommending corrective actions.
  • Collaborate with project managers, finance teams, and department heads to establish accurate project budgets and cost estimates.
  • Prepare and present cost reports, financial forecasts, and cost-benefit analyses to senior management, highlighting key findings and providing recommendations.
  • Participate in the development and evaluation of financial strategies, cost reduction initiatives, and process improvements.
  • Monitor inventory levels, analyze inventory turnover, and propose strategies to minimize carrying costs and optimize stock levels.
  • Identify and track key cost drivers, such as labor, materials, equipment, and subcontractor expenses.
  • Work closely with procurement teams to negotiate favorable terms with suppliers, ensuring cost-effective purchasing practices.
  • Stay updated on industry trends, cost control best practices, and regulatory requirements, making recommendations for process enhancements and improvements.

Requirements

  • Bachelor's degree in Finance, Accounting, or a related field. A master's degree or professional certification (e.g., CMA, CPA) is a plus.
  • Minimum of 5 years of relevant work experience in cost control, finance, or accounting roles.
  • Strong knowledge of financial principles, cost accounting methodologies, and budgeting techniques.
  • Proficient in financial analysis, variance analysis, and cost reporting.
  • Excellent analytical and problem-solving skills, with a keen eye for detail.
  • Advanced proficiency in MS Excel and financial software systems. Experience with enterprise resource planning (ERP) systems is preferred.
  • Strong communication skills, with the ability to present complex financial information in a clear and concise manner.
  • Proven ability to work collaboratively with cross-functional teams and influence decision-making processes.
  • Highly organized, with the ability to prioritize tasks and meet deadlines in a fast-paced environment.
  • Strong ethical standards and commitment to maintaining confidentiality of financial information.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should send their CV to: recruitment@alfred-victoria.com using the Job Title as the subject of the email.


  

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