Job Expired
OVID Construction PLC
Finance
Accounting
Addis Ababa
5 years
1 Position
2024-02-16
to
2024-02-26
Accounting
Engineering and technology
Full Time
Share
Job Description
Ovid Real Estate Company is currently seeking qualified and enthusiastic individuals to join our dynamic team. We believe in fostering a collaborative and innovative work environment, and we invite you to explore the following exciting career opportunities:
Job Specifications:
Cost Analysis:
Conduct regular cost analyses to identify areas for improvement.
Evaluate cost structures and propose strategies for optimization.
Budget Management:
Develop and manage the organization's budget in collaboration with finance.
Monitor budget performance and provide regular reports.
Variance Analysis:
Conduct variance analysis between budgeted and actual costs.
Investigate and report on significant variances.
Cost Reduction Strategies:
Identify and implement cost reduction initiatives without compromising quality.
Collaborate with relevant departments to achieve cost-saving targets.
Financial Reporting:
Prepare and present financial reports related to cost control.
Communicate financial information to key stakeholders.
Team Collaboration:
Work closely with departments across the organization to understand cost drivers.
Collaborate with procurement, operations, and other teams to implement cost-effective strategies.
Risk Management:
Assess and mitigate risks associated with cost control.
Develop contingency plans for potential financial challenges.
Training and Development:
Provide training to team members and relevant staff on cost control best practices.
Foster a culture of cost-consciousness within the organization.
Continuous Improvement:
Identify opportunities for process improvement in cost control procedures.
Implement best practices to enhance overall efficiency.
Regulatory Compliance:
Ensure compliance with financial regulations and standards.
Stay informed about changes in accounting principles affecting cost control.
Vendor Negotiations:
Collaborate with procurement in negotiating favorable terms with vendors.
Assess vendor contracts for cost-effectiveness.
Technology Utilization:
Utilize technology for efficient cost tracking, reporting, and analysis.
Stay updated on advancements in cost management software.
Required Number: 1(One)
Education:
Bachelor's Degree in Engineering.
Additional certifications in cost management or related disciplines are advantageous.
Experience:
Proven experience in cost control, financial analysis, or a related field.
Significant experience in a managerial or supervisory role.
Value engineering and finding similar items.
Analytical Skills:
Strong analytical and quantitative skills.
Ability to interpret financial data and identify cost-saving opportunities.
Financial Acumen:
In-depth understanding of financial principles, budgeting, and cost accounting.
Familiarity with financial reporting and analysis.
Communication Skills:
Excellent communication and interpersonal skills.
Ability to convey complex financial information to non-finance stakeholders.
Problem-Solving:
Effective problem-solving skills to address cost-related challenges.
Proactive approach to identifying and resolving potential cost issues.
Team Leadership:
Strong leadership and management skills.
Ability to lead and motivate a team towards achieving cost-related objectives.
Technology Proficiency:
Proficient in using financial software and tools.
Familiarity with Enterprise Resource Planning (ERP) systems is advantageous.
Project Management:
Experience in managing cost control projects.
Ability to coordinate and implement cost reduction initiatives.
Industry Knowledge:
Knowledge of industry trends and benchmarks related to cost control.
Stay updated on changes in regulations and market conditions affecting costs.
Interested and qualified applicants can apply through THIS LINK
Fields Of Study
Accounting
Engineering and technology
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