As the Business Controller (Cost Control), you will be responsible for driving the company's cost optimization efforts and ensuring efficient financial operations. Your leadership and expertise will be crucial in implementing effective cost control strategies and collaborating with various departments to achieve sustainable cost reduction and improved profitability.

Key Responsibilities

• Develop and implement a comprehensive cost control framework that encompasses all aspects of the company's operations. This includes establishing clear policies and procedures for cost management, budgeting, and expense tracking.

• Continuously monitor and review costs on an ongoing basis, using advanced analytics and reporting tools. Identify areas of overspending and potential cost savings opportunities, and take proactive measures to address them.

• Work closely with departments across the organization to set realistic cost targets and develop action plans to achieve them. Provide regular feedback on performance against these targets and collaborate on corrective actions as needed.

• Conduct in-depth analysis of cost data to identify trends, patterns, and root causes of cost variances. Use this information to develop targeted cost-saving measures and process improvements that drive long-term efficiency gains.

• Provide recommendations for cost-saving measures and process improvements based on your analysis. These may include initiatives such as vendor negotiation, process optimization, waste reduction, and technology adoption.

• Analyze cost data to identify trends and patterns for proactive decision-making. Use predictive analytics and scenario planning to anticipate cost challenges and develop contingency plans.

• Lead and motivate the cost control team, providing clear direction and support. Foster a culture of continuous improvement and cost consciousness within the team.

• Collaborate with cross-functional teams, including finance, operations, procurement, and sales, to ensure alignment on cost control goals and strategies. Provide financial insights and support to drive decision-making.

• Monitor and evaluate the effectiveness of cost control measures and initiatives. Adjust strategies as needed to ensure ongoing improvement and achievement of cost reduction targets.

• Stay updated on industry trends and best practices in cost control and management. Incorporate new techniques and tools into the company's cost control framework to stay ahead of the competition.

• Prepare regular reports and presentations on cost control performance for senior management. Communicate progress, challenges, and recommendations in a clear and concise manner.

• Participate in strategic planning and budgeting processes, providing input on cost implications and cost control strategies to support the company's long-term goals.

Job Requirements

• Bachelor’s degree and above in finance, Accounting, or a related field. A master's degree in business administration or a related field is preferred.

• Extensive experience in cost control or management, preferably in a corporate or manufacturing environment.

• Demonstrated strong leadership and management skills, with the ability to inspire and motivate teams to achieve cost reduction goals.

• Proven track record of implementing successful cost control initiatives and driving significant cost savings.

How to Apply

Interested applicants are invited to send their CV and required documents exclusively via email: recruit@leminationalcementplc.com