Assistant Manager - Cost Controls

Roles:

1. Cost Management: Ensuring the efficient allocation and utilization of financial resources.
2. Financial Analysis: Supporting decision-making with cost-related data insights.
3. Compliance Oversight: Adhering to organizational and regulatory financial standards.
4. Risk Assessment: Identifying cost-related risks and proposing mitigation strategies.

Responsibilities:

1. Budget Preparation and Monitoring:
   
• Develop and maintain project or operational budgets.
• Track actual costs against budgets and investigate variances.
2. Cost Reporting:
   
• Generate detailed cost reports for management.
• Provide forecasts and financial projections.
3. Expense Control:
   
• Review and approve expenditures to ensure alignment with budgets.
• Recommend cost-saving initiatives.
4. Data Analysis:
   
• Analyze financial data to identify trends and areas for improvement.
• Support procurement and contract negotiation processes with cost analysis.
5. Stakeholder Communication:
   
• Collaborate with project managers, procurement, and finance teams.
• Present cost status updates and recommendations to leadership.
6. System Management:
   
• Maintain cost control systems and tools.
• Ensure accurate data entry and reporting in financial systems.
7. Audit and Compliance:
   
• Conduct internal cost audits.
• Ensure compliance with company policies and regulatory requirements.

This role demands strong analytical skills, attention to detail, and expertise in cost management systems .Role & responsibilities