Cost Control Officers at RusselSmith Group

Posted on Fri 27th Jan, 2017 - hotnigerianjobs.com --- (0 comments)

RusselSmith is an ISO 9001:2008 certified asset integrity management services company incorporated to serve the needs of the global oil and gas exploration and production industry, using rope access technology as our principal medium of access.

A career at RusselSmith offers you growth and a chance to make a difference. Throughout our history, we have continued to help our employees realize their dreams, whilst creating opportunities for them to fulfill their personal and professional potential.

We are recruiting to fill the position below:

Job Title: Cost Control Officer

Ref: PRO-17-001
Location: Nigeria
Job Type: Full-Time

Responsibilities

Cost Planning and Control:

Develop and implement cost control policies and procedures as applicable
Liaise with the finance department to implement and apply cost accounting policies and procedures as they are derived.
Aide in the development of new labor and overhead rates, budget, and forecasts.
Monitor budget utilization trends by analyzing data and recommend standard budget for each department in the organization.
Monitor organization’s procurement trends and recommend ways to eliminate wastefulness of resources.
Evaluate the procurement needs of each department, plan procurement processes, identify cost-effective and efficient acquisition methods and provide vendor contract administration support.
Monitors and ensure the organization purchases the right amount of goods and services it needs to operate at the right price and purchasing cost savings opportunities
Monitor cost savings against market survey benchmarks
Ensures vendor invoice validation, cost forecasting and reporting, including assistance with other procurement activities processing Purchase requisitions and Purchase Orders.
Implements cost accounting procedures and methods related to overall procurement within the company.
Liaise with other department in development of the annual operating plan and monthly cost/ budget forecast.

Budget Trend Analysis:

Analyze overhead cost against Standard/Budget; research and explain budget variance
Prepare analysis of fixed spending by department. Show actual vs. budget and identify and explain variances.
Responsible for the preparation of analysis reports for company procurement and cost effectiveness trends.
Examines and reviews unusual cost records and ensures cost data is allocated correctly.
Familiar with a variety of the field's concepts, cost analyst and price analysis practices, and procedures.
Evaluates vendor cost and pricing proposals.
Request for Quotes (RFQ) evaluations
Analyze the company’s consumption and forecast its future needs. For example, study the printing needs of each department to establish the number of copier papers that can take the company through an entire month.
Participation and presentation of timely and accurate data and analysis at cost planning meetings
Perform ad hoc procurement cost analysis to support the operations.

Policy & Procedures:

Oversee the development, review and implementation of departmental policies, procedures and forms.

Departmental Reports:

Prepare weekly, monthly, quarterly, annual reports and other reports as required.

Performs other duties as assigned or required.

Educational Qualifications

Bachelor’s degree in Accounting or Finance preferred

Experience Required

2-5 years

Skills Required:

Strong analytical, written/verbal communication, interpersonal, and relationship building skills
Must possess strong analytical and decision-making skills, as well as a keen attention to detail to thrive on the job
Problem Solving/Analysis. Financial Management. Business Acumen. Technical Capacity. Initiative. Communication
Ability to adapt to change quickly and multi-task.
Excellent knowledge of financial business operations and risk-based auditing
Ability to manage projects and, when required, supervise auditors to follow sound internal control practices and to manage risks appropriately.
Strong skills in negotiating, relationship building, problem solving, and timely problem escalation.
Excellent written and oral communication skills
Excellent time management and organizational skills
Detail oriented but able to quickly grasp the big picture
Good communication skills and the ability to work well with people are essential. Ability to manage contractual/commercial issues.
Good coordinating and multitasking skills
Good reasoning skills; communication skills; multi-tasking skills and organizational skills
Exhibits initiative, responsibility and flexibility.
Ability to maintain flexible attitude and approach towards assignments and successfully operate under guidelines.
Must possess working knowledge of regulatory bodies and general financial business conditions.
Exercise good judgment in safeguarding confidential or sensitive information and adhere to high standards of confidentiality and honesty.
Problem solving, data literacy and analytical skills
Proficiency in Microsoft office tools
Proficient in the use of Microsoft Office Tools.
Quality control-the individual demonstrates accuracy and thoroughness and monitors own work to ensure quality.
Document Control - Reviewing and keeping records of transaction of sale and purchase goods and services

Physical Demands:

Regular use of the telephone and e-mail for communication is essential. Sitting for extended periods is common. Hearing, vision and speaking within normal ranges is essential for normal conversations, to receive ordinary information and to prepare or inspect documents.
No heavy lifting is expected. Exertion of up to 10 lbs. of force occasionally may be required. Good manual dexterity for the use of common office equipment such as computers, calculator, copiers, and FAX machines.

Work Environment:

The job is performed indoors in a traditional office setting. Activities include extended periods of sitting occasional fast paced events and extensive work at a computer monitor and/or calculator.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should:
Click here to apply online

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