Cost Controller
Posted on :
08-09-2024
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1 Vacancy
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Job Description
- Each cost controller assists his/her Lead overseeing, on average, a budget of 420 MUSD.
- Up to four 6-week-long budget and forecast cycles in which business is queried on technical workplans, their cost is estimated, challenged, and documented to become the Annual Workplan and Budget booklet and presentations to both management and shareholders.
- Monthly closure activities that include business surveys to estimate value of work done for the sake of accruals, collection, and validation of allocation drivers.
- Validate on average 1200 Purchase Requisitions per year --> Value added: cost legitimacy, budget control, correct cost allocation of expenses and anticipation of cost evolution.
- Monitor and control around 25 contracts and 700 Purchase/Service order items per year.
- -> Value added: respect of DOA rules, vigilance of contractual terms, anticipation of cost.
- Revise, code and validate on average 1300 invoices per year --> Value added: value protection by ensuring contractual conditions are met, correct allocation of costs to report lines, respect of payment term obligations with vendors.
- Responsible, on average, of 100 reporting lines for which budgets, forecasts, commitments, actuals, and analysis are done. --> Value added: Alert, inform and enable business making decision based on past, current, and anticipated cost information.
- Continuous interactions Internally with the Entities, Supply Chain, Finance department and externally with Service Companies.
- Assist the Senior Business Analyst to prepare annual budget and closure forecast for the departments he/she oversees, in close collaboration with the Managers of these departments – Assist the Senior Business Analyst during the Budget session presentations to Management.
- Prepares all necessary SAP entries and its support documentation for the closure including invoices, scheduled and manual accruals and cost allocations to ensure accurate financial statements.
- Collects, organizes, and validates information required to represent in the most accurate way the business reality of value of work done (physical and contractual advancement of works) and other critical information such as cost allocation drivers, in the company's books, according to relevant accounting standards, during the monthly closure cycles.
Employment Type
Full-time
Company Industry
Department / Functional Area
Key Skills
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