Cost controller (service industry) - united arab emirates, dubai

Job overview:the cost controller in the service industry is responsible for the effective management of direct costs associated with service delivery. this role involves the meticulous tracking, analysis, and reporting of costs directly tied to the services, ensuring that the company maintains profitability and efficiency. the ideal candidate will work closely with various departments, including sales, operations, and finance, to develop and implement cost-saving strategies, budgeting, and forecasting.responsibilities and duties:direct cost management: monitor and analyze all direct costs related to service delivery. ensure accurate allocation of costs to appropriate service lines.budgeting and forecasting: collaborate with department heads to prepare accurate budgets and forecasts, focusing on direct costs. regularly review financial plans versus actual expenditures and adjust as necessary.financial reporting: develop and maintain cost reporting systems to provide timely and relevant financial information to management. prepare monthly, quarterly, and annual reports on direct cost performance.cost reduction strategies: identify opportunities for cost savings and efficiency improvements. implement cost reduction measures without compromising service quality.vendor management: work closely with the government partnership and operation department to negotiate with suppliers and vendors, ensuring favorable terms that will help reduce direct costs.internal controls: establish and enforce internal controls to prevent inaccuracies in financial statements and safeguard the company’s assets.compliance: ensure compliance with financial policies, procedures, and regulatory requirements.collaboration: liaise with various departments to ensure cost control measures are understood and implemented effectively.financial analysis: conduct in-depth analysis of financial data, highlighting trends and advising on implications of cost-related decisions.skillsqualifications:bachelor’s degree in accounting, finance, or a related field.professional certification (e.g., cma, cpa) is preferred.a minimum of 3-5 years of experience in cost control, accounting, or a related field, preferably within the service industry.strong understanding of financial principles, especially in relation to direct cost management.proficiency in financial software and advanced excel skills.skills:excellent analytical and numerical skills.strong attention to detail.exceptional communication and interpersonal abilities.ability to work independently and as part of a team.strong organizational and time-management skills.proven ability to meet deadlines.personal attributes:ethical with a commitment to transparency and integrity.proactive in identifying issues and generating solutions.adaptability to changing business needs and environments.strong leadership qualities and the ability to influence others.

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