COST CONTROL MANAGER
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About the Role
Role Summary The Cost Control Manager serves as the financial guardian of the procurement department.
Key Skills for This Role
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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 And 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
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