Job Overview

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

Additional Details

Job ID
32202
Job Views
93

Job Description



SUMMARY:


Responsible for controlling costs including capital expenses, operating and project costs. 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. Candidate must demonstrate an aptitude for efficiency, problem-solving and resourcefulness with a deep commitment to the bottom line without compromising quality.


QUALIFICATION AND EXPERIENCE



  • Minimum of 5 years of cost control experience.

  • BSc in social science related discipline plus professional qualification (ICAN, ACCA, CPA).

  • 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.


KNOWLEDGE AND SKILLS REQUIREMENT



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

  • Creative thinking skills and ability to solve problems.


PRIMARY RESPONSIBILITIES


1. Planning Costs



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


2. 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.


3. 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 data periodically from suppliers or subcontractors to track material costs.

  • Preparing reports to management regarding costs and expenses.

  •  


REMUNERATION


Remuneration will be competitive and at the higher end of industry standards depending on qualification and relevant experience.


This will be exclusive of additional benefits such as:



  • Health Insurance for self and nuclear family of up to four children

  • Life Insurance for self.

  • 13th Month Allowance

  • Leave Allowance

  • This position would qualify for the Employee Share Option Scheme (ESOP) of the group


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