Cost Control Supervisor at Ascentech Services Limited

Ascentech Services Limited is the most sought-after Human Resource Solution Provider with its Head Office in Lagos, Nigeria. We have a reputation for satisfying and surpassing clients expectations through our core offerings: Recruitment and Selection, Outsourcing and Training and Development. To accomplish these we leverage on creating and managing change in organizations by improving efficiency through our proven and dynamic HR solutions.

We are recruiting to fill the position below:

Job Title: Cost Control Supervisor

Location: Lagos
Employment Type: Full-time

Job Summary

• We are seeking a highly skilled and detail-oriented Cost Control Supervisor to oversee and manage cost control activities within the company. 
• The successful candidate will be responsible for monitoring, analyzing, and reporting costs related to production, procurement, and operational efficiency. 
• The Ideal candidate should possess a strong understanding of cost control processes and possess expertise in utilizing Odoo software to optimize cost tracking, reporting, and analysis.

Responsibilities

• Develop, implement, and maintain cost control systems and procedures to monitor, analyze, and control costs.
• Collaborate with finance, operations, and production teams to ensure accurate tracking and reporting of costs.
• Prepare and present regular cost reports, highlighting key variances, trends, and areas for improvement.
• Identify cost reduction opportunities and recommend strategies to improve profitability and operational efficiency.
• Conduct detailed cost analysis and provide insights on budget forecasting, procurement costs, labor expenses, and materials.
• Perform regular reviews of inventory and stock levels to ensure optimal cost management.
• Oversee the preparation of cost budgets and assist in long-term financial planning and resource allocation.
• Maintain accurate records of all cost-related transactions and ensure compliance with company policies.
• Monitor and ensure adherence to cost control procedures and compliance with financial regulations.
• Manage cost reporting within Odoo software, ensuring accurate data entry, reconciliation, and analysis.
• Provide training and guidance to junior staff on cost control processes and the use of Odoo software.
• Coordinate with suppliers and vendors to evaluate pricing and negotiate cost-effective deals.

Requirements

• Bachelor’s degree in Accounting, Finance, Business Administration, or related field.
• Proven experience in cost control, financial analysis, or similar roles within a manufacturing, production, or operational environment.
• Strong proficiency in Odoo software, particularly in cost management, inventory tracking, and financial reporting.
• Excellent analytical skills with the ability to interpret financial data and provide actionable insights.
• Strong understanding of cost accounting principles and budget management.
• Ability to work with cross-functional teams and communicate effectively across departments.
• Attention to detail, problem-solving skills, and the ability to prioritize and meet deadlines.
• Knowledge of industry-standard cost control techniques and best practices.
• Familiarity with ERP systems (Odoo experience is highly preferred).

Skills:

• Advanced proficiency in Microsoft Excel (pivot tables, formulas, charts) and other financial reporting tools.
• Ability to manage large volumes of data and perform in-depth cost analysis.
• Strong organizational and multitasking abilities.
• Excellent verbal and written communication skills.
• High degree of integrity, reliability, and commitment to confidentiality.

Application Closing Date
Not Specified.

How to Apply
Interested and qualified candidates should send their CV to: [email protected] using the Job Title as the subject of the mail.