Cost Controller
Maldives18h ago
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Key details
- Location
- Maldives
- Work style
- Onsite
- Level
- Mid level
- Experience
- 3–5 yrs
- Function
- Finance & Accounting
- Focus area
- other
- Posted
- 18h ago
Skills
accounting principlesaccrualsbudgetingcmacost controlcpafinancial analysisfinancial controls
About the role
- Monitor and control operational, departmental, and project-related costs against approved budgets.
- Analyze actual expenditures and identify variances between budgeted and actual costs.
- Prepare monthly, quarterly, and annual cost reports for management review.
- Assist in the preparation of budgets, forecasts, and financial plans.
- Review purchase requisitions, purchase orders, and invoices to ensure budget compliance.
- Coordinate with Procurement and Operations teams to optimize spending and achieve cost savings.
- Monitor inventory costs and investigate discrepancies where applicable.
- Maintain accurate records of commitments, accruals, and cost allocations.
- Provide financial analysis and recommendations to support business decisions.
- Ensure compliance with company policies, financial controls, and accounting standards.
- Support internal and external audits by providing required cost-related data and documentation.
- Identify opportunities for process improvement and cost reduction initiatives.
- Develop and maintain cost control procedures, reports, and performance dashboards.
- Monitor and control operational, departmental, and project-related costs against approved budgets.
- Analyze actual expenditures and identify variances between budgeted and actual costs.
- Prepare monthly, quarterly, and annual cost reports for management review.
- Assist in the preparation of budgets, forecasts, and financial plans.
- Review purchase requisitions, purchase orders, and invoices to ensure budget compliance.
- Coordinate with Procurement and Operations teams to optimize spending and achieve cost savings.
- Monitor inventory costs and investigate discrepancies where applicable.
- Maintain accurate records of commitments, accruals, and cost allocations.
- Provide financial analysis and recommendations to support business decisions.
- Ensure compliance with company policies, financial controls, and accounting standards.
- Support internal and external audits by providing required cost-related data and documentation.
- Identify opportunities for process improvement and cost reduction initiatives.
- Develop and maintain cost control procedures, reports, and performance dashboards.
- Bachelor's Degree in Accounting, Finance, Business Administration, or a related discipline.
- Professional qualifications such as ACCA, CIMA, CMA, or CPA are an added advantage.
- Minimum 3-5 years of experience in cost control, budgeting, financial analysis, or accounting.
- Experience in hospitality, manufacturing, construction, engineering, or project-based environments is preferred.
- Bachelor's Degree in Accounting, Finance, Business Administration, or a related discipline.
- Professional qualifications such as ACCA, CIMA, CMA, or CPA are an added advantage.
- Minimum 3-5 years of experience in cost control, budgeting, financial analysis, or accounting.
- Experience in hospitality, manufacturing, construction, engineering, or project-based environments is preferred.