Cost Control Officer

Morad Food - Lebanon - Beirut
Job Overview:
As a Cost Control Officer, you will be responsible for monitoring and controlling costs to help the company achieve its financial goals. This role involves tracking budgets, analyzing financial data, and implementing cost-saving initiatives across various departments. You will collaborate with different teams to ensure financial objectives are met and that expenses remain within planned budgets.

Key Responsibilities:
• Monitor and control company-wide expenditures, ensuring costs align with budgeted targets.
• Prepare cost estimates for projects and ongoing operations, providing recommendations to optimize resources.
• Conduct regular cost analysis and report on financial performance, identifying areas for improvement.
• Work closely with department heads to track spending and provide insights into cost-saving opportunities.
• Review and analyze procurement processes and inventory levels to ensure efficiency and cost-effectiveness.
• Assist in the preparation of financial reports, forecasts, and budgets.
• Conduct regular audits to ensure compliance with financial policies and procedures.
• Advise management on strategies to improve profitability and reduce unnecessary costs.
• Track and manage key performance indicators (KPIs) related to cost control and financial performance.

Requirements:
• Bachelor's degree in Accounting, Finance, Business Administration, or a related field.
• Proven experience in cost control, financial analysis, or a similar role, preferably within the hospitality industry.
• Strong understanding of financial reporting, budgeting, and forecasting.
• Proficient in Microsoft Excel and financial management software (e.g., SAP, QuickBooks).
• Exceptional analytical skills with a keen eye for detail.
• Strong communication and interpersonal skills, with the ability to work across departments.
• Ability to think critically and identify areas for cost reduction or efficiency improvements.
• Knowledge of cost control methods and best practices
Post date: Today
Publisher: Hirelebanese
Post date: Today
Publisher: Hirelebanese