Cost & Inventory Controller

1 week ago


الخبر, Saudi Arabia Hamad M. Al Rugaib & Sons Trading Co. Full time

**Cost Controller Duties and Responsibilities**:

- 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 the expected cost
- Collaborate with department heads to strategize ways to minimize waste
- Demonstrate a comprehensive understanding of the 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

**Cost Controller Requirements and Qualifications**:

- Bachelor's degree in finance or relevant field strongly preferred
- Minimum 10 years experience working in cost control age between 32 and 38
- Management experience strongly preferred
- Exceptionally well organized with an aptitude for data
- Outstanding communication skills, both written and verbal
- Solid networking and interpersonal skills
- Able to generate budgets and reports
- Strong presentation skills, able to explain concepts concisely and accurately
- Able to develop strong, cooperative relationships with department heads
- Creative thinking skills and ability to solve problems



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