Cost Control Officer
5 days ago
Job Location- Bahadurgarh
Key Responsibilities:
- Monitor and control project or operational budgets, ensuring compliance with approved financial plans.
- Collect, analyze, and interpret cost data to identify trends, variances, and potential risks.
- Prepare periodic cost reports (daily, weekly, monthly) for management review.
- Coordinate with procurement, finance, and project teams to validate invoices, purchase orders, and cost allocations.
- Assist in preparing budget forecasts, cash flow analysis, and variance analysis reports.
- Review and verify contractor/vendor claims, variations, and cost proposals.
- Ensure all cost-related documentation is accurate, up to date, and in line with company policies.
- Support internal and external audits by providing necessary cost-related information.
- Suggest cost-saving measures and improvements in resource utilization.
- Assist in developing cost control policies, systems, and procedures for effective financial governance.
Qualifications & Skills:
- Bachelors degree in Finance, Accounting, Economics, Engineering, or a related field (Master's preferred).
- Professional certification such as CMA, CPA, or ACCA is an advantage.
- Proven experience in cost control, budgeting, or financial analysis (preferably in manufacturing, construction, or project-based industries).
- Strong knowledge of cost control techniques, financial systems, and ERP software.
- Advanced proficiency in MS Excel and other financial tools.
- Strong analytical, numerical, and problem-solving skills.
- Excellent communication and reporting skills.
- Ability to work under pressure and meet deadlines.
- High level of integrity and attention to detail.
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