Cost Control Manager

Our client a leading manufacturing and food distribution company dedicated to creating delicious and high-quality confectionery products is looking for an "Cost Controller Manager" in Tripoli, Lebanon. You will play a crucial role in monitoring and analyzing costs, identifying areas of improvement, and implementing strategies to optimize financial performance.

Key Responsibilities:

• Cost Analysis: Conduct regular analysis of costs, including direct and indirect expenses, and identify trends, patterns, and opportunities for cost savings. Analyze financial data and provide insights to senior management.
• Budgeting and Forecasting: Collaborate with the finance team to develop and monitor budgets. Provide input and recommendations during the budgeting and forecasting process to ensure cost effectiveness and accuracy.
• Cost Control: Implement and enforce cost control measures, policies, and procedures to minimize wastage, reduce expenses, and improve financial performance. Monitor expenditures to ensure adherence to budgets.
• Variance Analysis: Analyze and investigate variances between actual costs and budgeted costs. Identify the reasons for deviations and propose corrective actions to ensure cost control.
• Financial Reporting: Prepare timely and accurate financial reports, including cost analysis reports, budget variance reports, and other ad-hoc reports as required. Present the reports to senior management and provide explanations and recommendations.
• Process Improvement: Continuously assess and improve cost control processes and procedures. Identify areas for automation, streamlining, and efficiency enhancement.
• Collaboration: Collaborate with cross-functional teams, such as procurement, operations, and finance, to align cost control efforts with organizational objectives. Provide guidance and support to teams in cost control-related matters.
• Compliance: Ensure compliance with relevant financial regulations, accounting standards, and internal control policies. Stay updated with industry best practices and implement them as appropriate.
• Team Management: Manage a team of cost control professionals, providing guidance, coaching, and performance feedback. Foster a collaborative and high-performing team environment.

Qualifications:

• Bachelor's degree in finance, accounting, or a related field. 
• At least 4 years of experience is required in the field, preferably in a manufacturing company. 
• Previous experience in a managerial or supervisory capacity is strongly preferred.
• Strong analytical skills and proficiency in financial modeling and analysis.
• Knowledge of accounting principles, financial regulations, and cost control methodologies.
• Proficiency in financial management software and systems.
• Excellent communication and presentation skills.
• Strong attention to detail and ability to work with complex financial data.
• Ability to work collaboratively with cross-functional teams and influence stakeholders.
• Strong leadership and team management skills.
• Ability to work under pressure and meet deadlines.