COST CONTROL MANAGER
Skills
About This Role
Role Summary
The Cost Control Manager serves as the financial guardian of the procurement department. This role ensures that every dirham spent aligns with the company's profitability objectives, maintaining the strict threshold of 65% spend versus 35% revenue, while optimizing the overall procurement strategy and supporting sustainable growth.
Key Responsibilities
· Oversee all procurement costs, ensuring strict adherence to departmental and company-wide budgets.
· Enforce the 65/35 rule, ensuring total procurement spend does not exceed 65% of generated revenue.
· Develop and refine pricing strategies in coordination with the Sales team to maintain target profit margins.
· Partner with the Finance Department to conduct detailed cost analysis, variance reporting, and financial insights.
· Negotiate and validate vendor discounts, rebates, and payment terms to maximize profitability.
· Approve high-value purchase orders and contracts, ensuring alignment with strategic financial objectives.
Requirements
· Education: Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.
· Experience: 5–10+ years in cost control, procurement finance, or financial management (FMCG, retail, or distribution preferred).
· Skills:
o Strong financial analysis and budget management skills
o Proficiency in ERP systems (SAP, Oracle, ODoo or similar) and Excel
o Understanding of procurement processes and pricing strategies
o Strong negotiation and vendor management capabilities
o Excellent communication and decision-making skills
KPIs / Success Metrics
· Compliance with the 65/35 procurement-to-revenue ratio
· Cost savings and vendor negotiation efficiency
· Accuracy of cost analysis and reporting
· Approval turnaround time for high-value purchases
Alignment of procurement spend with company profitability goals
Job Type: Full-time
Pay: AED5,000.00 - AED7,000.00 per month
Work Location: In person
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