Cost Control Supervisor at Ascentech Services Limited

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
1 year ago

Additional Details

Job ID
116674
Job Views
60

Job Description






Job Summary




  • We are seeking a highly skilled and detail-oriented Cost Control Supervisor to oversee and manage cost control activities within the company. 

  • The successful candidate will be responsible for monitoring, analyzing, and reporting costs related to production, procurement, and operational efficiency. 

  • The Ideal candidate should possess a strong understanding of cost control processes and possess expertise in utilizing Odoo software to optimize cost tracking, reporting, and analysis.



Responsibilities




  • Develop, implement, and maintain cost control systems and procedures to monitor, analyze, and control costs.

  • Collaborate with finance, operations, and production teams to ensure accurate tracking and reporting of costs.

  • Prepare and present regular cost reports, highlighting key variances, trends, and areas for improvement.

  • Identify cost reduction opportunities and recommend strategies to improve profitability and operational efficiency.

  • Conduct detailed cost analysis and provide insights on budget forecasting, procurement costs, labor expenses, and materials.

  • Perform regular reviews of inventory and stock levels to ensure optimal cost management.

  • Oversee the preparation of cost budgets and assist in long-term financial planning and resource allocation.

  • Maintain accurate records of all cost-related transactions and ensure compliance with company policies.

  • Monitor and ensure adherence to cost control procedures and compliance with financial regulations.

  • Manage cost reporting within Odoo software, ensuring accurate data entry, reconciliation, and analysis.

  • Provide training and guidance to junior staff on cost control processes and the use of Odoo software.

  • Coordinate with suppliers and vendors to evaluate pricing and negotiate cost-effective deals.



Requirements




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

  • Proven experience in cost control, financial analysis, or similar roles within a manufacturing, production, or operational environment.

  • Strong proficiency in Odoo software, particularly in cost management, inventory tracking, and financial reporting.

  • Excellent analytical skills with the ability to interpret financial data and provide actionable insights.

  • Strong understanding of cost accounting principles and budget management.

  • Ability to work with cross-functional teams and communicate effectively across departments.

  • Attention to detail, problem-solving skills, and the ability to prioritize and meet deadlines.

  • Knowledge of industry-standard cost control techniques and best practices.

  • Familiarity with ERP systems (Odoo experience is highly preferred).



Skills:




  • Advanced proficiency in Microsoft Excel (pivot tables, formulas, charts) and other financial reporting tools.

  • Ability to manage large volumes of data and perform in-depth cost analysis.

  • Strong organizational and multitasking abilities.

  • Excellent verbal and written communication skills.

  • High degree of integrity, reliability, and commitment to confidentiality.



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