Manager - Cost Control

2 weeks ago

Riyadh, Ar Riyāḑ, Saudi Arabia Six Flags Qiddiya City and Aquarabia Full time 120,000 - 180,000 per year

At Six Flags & Aquarabia Qiddiya City, the Manager - Cost Control will play a pivotal role in monitoring and managing the financial performance of the organization. This position involves analyzing costs, implementing cost-saving measures, and providing insightful financial guidance to support strategic decision-making. The Manager will work closely with various departments to ensure financial objectives are met while maintaining operational efficiency and profitability.

Requirements

Education: Bachelor's degree in Finance, Accounting, Business Administration, or a related field. Professional certifications such as CMA or CIMA are preferred.

Experience: 5+ years of experience in cost control, budgeting, or financial analysis, preferably in the entertainment or hospitality sector.

Skills:

  • In-depth understanding of cost control methodologies and financial principles.
  • Experience with financial analysis, forecasting, and budgeting processes.
  • Proficiency in ERP systems and advanced Excel skills for data analysis and reporting.
  • Strong analytical and critical thinking skills, with a keen attention to detail.
  • Excellent communication and interpersonal skills to collaborate with cross-functional teams.
  • Ability to communicate complex financial information in an understandable manner.
  • Leadership skills with a focus on mentoring and developing team members.
  • Ability to work under pressure and manage multiple priorities effectively.

Languages: Fluent in English; proficiency in Arabic is a plus.

Job Responsibilities:

Develop and maintain cost control systems and processes to monitor and analyze operational expenditures.

Collaborate with various departments to gather cost data and provide insights for operational improvements.

Prepare and analyze monthly cost reports, identifying variances, trends, and opportunities for cost savings.

Establish and monitor budgets, ensuring compliance with financial targets and operational objectives.

Evaluate project costs and financial performance, providing recommendations for optimizing resource allocation.

Conduct regular audits of financial data to ensure accuracy and adherence to cost control policies.

Implement cost-saving initiatives by analyzing expenses and offering actionable recommendations.

Collaborate with management to define financial strategies and objectives aligned with the organization's mission.

Provide training and support to staff on cost control practices and financial reporting.

Foster a culture of financial awareness and responsibility throughout the organization.

Prepare financial presentations for stakeholders, presenting insights and recommendations for effective decision-making.

Monitor market trends and benchmark financial performance against industry standards.

Stay updated with industry developments, financial regulations, and best practices in cost management.

Other duties as assigned.

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