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Cost Controller
3 weeks ago
A Cost Controller is responsible for overseeing and managing project budgets, ensuring financial compliance, and analyzing cost data. This role involves collaborating with various teams, monitoring expenses, implementing cost-saving measures, and maintaining accurate financial records. Cost Controllers play a crucial role in optimizing operational efficiency, negotiating supplier contracts, and contributing to financial forecasting and reporting. Additionally, they actively participate in audits to ensure transparency and adherence to accounting standards.
1. Analyze and monitor project budgets, ensuring adherence to financial constraints.
2. Prepare and review cost estimates for new projects, considering various factors and potential risks.
3. Collaborate with project managers to track expenses, identify cost variances, and implement corrective actions.
4. Maintain accurate and up-to-date cost accounting records, providing timely financial reports to management.
5. Conduct regular cost analysis to identify areas for cost reduction and process improvement.
6. Work closely with procurement teams to evaluate supplier contracts and negotiate favorable terms.
7. Develop and implement cost control procedures to optimize operational efficiency.
8. Collaborate with finance teams to ensure accurate financial reporting and compliance with accounting standards.
9. Assist in the preparation of financial forecasts and budget projections.
10. Participate in internal and external audits, providing necessary documentation and explanations.
**Job Types**: Full-time, Permanent
**Salary**: RM4,500.00 - RM6,500.00 per month
Schedule:
- Day shift
Ability to Commute:
- Setapak (required)
Ability to Relocate:
- Setapak: Relocate before starting work (required)
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