Cost Control f&B(finance)

Kuwait - Kuwait
  • Work in conjunction with all department heads to ensure maximum profitability
  • Provide critical assessment of all budgets and cost projections
  • Assess all incoming products, resources, and services to ensure the best price
  • Maintain vendor and service provider relationships
  • Remain acutely aware of market trends that could impact resource costs
  • Keep up to date on new vendors and possible cost-cutting partnerships
  • Analyze invoices to ensure correct products/services were received at the expected cost
  • Collaborate with department heads to strategize ways to minimize waste
  • Demonstrate a comprehensive understanding of the interdependency of cost drivers
  • Understand the entire arc of the business and how productivity impacts profitability
  • Commit to maximizing efficiency at all levels without compromising quality
  • Develop and implement proactive solutions and cost-cutting measures
  • Present new strategies and assessments to stakeholders in a compelling fashion
  • Educate and persuade stakeholders to procure buy-in and cooperation
  • Roll out clear cost-saving programs with timelines and assessment goals


Skills

  • Bachelor's degree in finance or relevant field strongly preferred
  • Minimum 4 years' experience working in cost control
  • Management experience strongly preferred
  • Exceptionally well organized with an aptitude for data
  • Outstanding communication skills, both written and verbal
  • Solid networking and interpersonal skills
  • Able to generate budgets and reports
  • Strong presentation skills, able to explain concepts concisely and accurately
  • Able to develop strong, cooperative relationships with department heads

Creative thinking skills and ability to solve problems

Post date: 17 March 2024
Publisher: Bayt
Post date: 17 March 2024
Publisher: Bayt