Expense Controller at Fosad Consulting

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
3 years ago

Additional Details

Job ID
31600
Job Views
88

Job Description



Job Purpose



  • The cost controller is responsible for controlling costs including Capital expenses, operating and project cost. This includes planning, developing, controlling, and forecasting costs.

  • The cost controller works collaboratively with various department managers to analyze costs, assess vendor relationships, and maximize profitability and.

  • The successful candidate must demonstrate an aptitude for efficiency, problemsolving, and resourcefulness, with a deep commitment to the bottom line without compromising quality.


Core Functions / Responsibilities

Planning Costs:



  • Budgeting and monitoring of capital expenditures and operational cost including evaluating and conducting project cost/benefit analysis.


Managing Costs:



  • Create a process for vendor onboarding and review of existing vendors.

  • Assess all incoming products, resources, and services to ensure the best price.

  • Ensure cost optimization by rolling out clear cost-saving programs with timelines and assessment goals.

  • Work in conjunction with all department heads to initiate cost savings methods on a proactive basis.


Monitoring Costs:



  • Monitor and update cost estimates for projects to ensure that costs are within expected ranges.

  • Reviewing expense reports to ensure that expenses are reasonable and appropriate for the circumstances

  • Coordinate with other departments to ensure all costs are accurately tracked

  • Conducting cost analyses to identify areas where costs can be optimized altogether

  • Monitor budgets to ensure that spending does not exceed approved levels

  • Collect cost data periodically from suppliers or subcontractors to track material costs

  • Preparing reports to management regarding costs and expenses


Requirements



  • B.Sc. in social science related discipline plus Professional Qualification (ICAN, ACCA, CPA ).

  • Minimum of 5 years of cost control experience.

  • Intermediate knowledge of MS-Office suite.

  • Capacity to work long hours, under pressure and with less supervision

  • Exceptionally well organized with an aptitude for data

  • Able to generate budgets and reports.

  • Strong presentation skills, able to explain concepts concisely and accurately.

  • Creative thinking skills and ability to solve problems.


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