Cost Controller job at Sokoni Africa Limited | Apply Now

Develop and implement cost control policies and procedures

Analyze financial data to identify cost-saving opportunities and areas of improvement

Monitor and control expenses across departments

Ensure adherence to budgetary guidelines and targets

Prepare accurate and timely financial reports related to cost control

Collaborate with department heads to develop and implement cost reduction strategies

Conduct regular audits to ensure compliance with cost control measures

Provides correct expense figures as requested to be given to Heads of Department.

Ensures administrative and operation cost figures are correctly recorded and relevant expenses accounted.

Ensures the accurate recording of all sundry and consumable goods purchased.

Monitors daily input of stock movement (purchasing, receiving, issuing, transfers) into computer system on a cost basis.

Prepares timetable and stock sheets for regular stock takes and coordinates timely counting and valuation.

Approves invoices and statements for purchase prices as detailed from purchasing.

Ensure that Procurement obtain up to date and accurate prices by comparing ‎prices against suppliers quotations.‎

Check and review filled requisitions and ensure that goods are not issued more than ‎requested.‎

Conduct spot check to ensure that the goods received are as per specifications and ‎the deliveries of goods by suppliers are consistent with the receiving schedule and ‎the storerooms are not overstocked especially during month end.‎

Audit monthly stock and prepare reconciliation on all stores. ‎

Post actual stock results in the system and print inventory valuation report.‎

Reconcile all inventory accounts based on actual purchases and actual inventory ‎stock take and allocate the expenses to the respective department based on their ‎requisitions.‎

Updating the Materials Control system with goods received notes ‎‎(GRNs), stock transfers etc.