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What are the Duties and Responsibilities of the Cost Controller ?

What are the Duties and Responsibilities of the Cost Controller ?

Cost Analysis Cost Control Cost Management Costing Banking &amp Finance
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Question ajoutée par Mohammed El Tahir Mohammed Yousif , Finance Manager , Factory of Golden Block Company for Cement Products
Date de publication: 2018/07/28
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Mohammed El Tahir Mohammed Yousif
par Mohammed El Tahir Mohammed Yousif , Finance Manager , Factory of Golden Block Company for Cement Products

  • Work in conjunction with all department heads to ensure maximum profitability
  • Provide critical assessment of all budgets and cost projections
  • Assess all incoming products, resources, and services to ensure the best price
  • Maintain vendor and service provider relationships
  • Remain acutely aware of market trends that could impact resource costs
  • Keep up to date on new vendors and possible cost-cutting partnerships
  • Analyze invoices to ensure correct products/services were received at expected cost
  • Collaborate with department heads to strategize ways to minimize waste
  • Demonstrate comprehensive understanding of interdependency of cost drivers
  • Understand the entire arc of the business and how productivity impacts profitability
  • Commit to maximizing efficiency at all levels without compromising quality
  • Develop and implement proactive solutions and cost-cutting measures
  • Present new strategies and assessments to stakeholders in a compelling fashion
  • Educate and persuade stakeholders to procure buy in and cooperation
  • Roll out clear cost-saving programs with timelines and assessment goals

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