All job offers Management Controller

The Cost Controller is responsible for monitoring, analyzing, and managing costs to ensure financial efficiency and profitability. This role plays a crucial part in budgeting, forecasting, cost allocation, and variance analysis to support strategic decision-making and optimize business operations within the retail group. KEY RESPONSIBILITY 1. Cost Monitoring & Control: - Track, monitor, and control company expenses to ensure adherence to approved budgets. - Analyze cost structures and identify areas for cost reduction and efficiency improvements. - Implement cost-control measures to enhance operational and financial performance. 2. Budgeting & Forecasting: - Assist in the preparation of annual budgets and periodic financial forecasts. - Conduct detailed cost analysis to support budgeting and business planning. - Work with various departments to establish and maintain budgetary control mechanisms. 3. Variance Analysis & Reporting: - Conduct variance analysis by comparing actual costs with budgeted figures and identifying discrepancies. - Prepare reports on cost deviations, trends, and recommendations for corrective actions. - Provide insights to senior management on cost-related risks and opportunities. 4. Cost Allocation & Process Improvement: - Ensure proper cost allocation across business units, brands, and operational segments. - Collaborate with procurement, supply chain, and operations teams to optimize cost efficiency. - Develop and implement best practices for cost control and financial reporting. 5. Compliance & Risk Management: - Ensure compliance with company policies, financial regulations, and audit requirements. - Monitor financial transactions to prevent fraud, wastage, and misallocation of funds. - Assist in internal and external audits by providing necessary cost data and reports. 6. MIS Reporting & Decision Support: - Prepare and present cost reports, profitability analysis, and financial dashboards. - Support decision-making by providing accurate cost data and scenario analysis. - Utilize ERP systems and data analytics tools to enhance cost reporting and transparency. DESIRED EXPERIENCE The ideal Cost Controller should have 5+ years of experience in cost control, financial analysis, or management accounting with strong analytical and problem-solving skills with attention to detail. Proficiency in financial software and ERP systems (SAP, Oracle, etc.) is preferred. KEY RELATIONSHIPS Account - Manager, Chief Accountant, Key Accounts Manager, Senior Accountant, Executives, etc.

"Apparel Group is a global fashion and lifestyle retail conglomerate residing at the crossroads of the modern economy - Dubai, United Arab Emirates. Today, the Apparel Group caters to thousands of eager shoppers through its more than 1750+ stores and 75+ brands across all platforms employing 17,000 multicultural staff covering four continents. Apparel group has carved its strong presence not only in the UAE, Kuwait, Bahrain, Oman, and Saudi Arabia but opened thriving gateways to market in India, South Africa, Singapore, Indonesia, Thailand and Malaysia. Additionally, clear strategies are in place to enter emerging markets such as Hungary, Pakistan, Egypt and Philippines. Also, Apparel Group provides customers the experience of shopping from the comfort of their own home with ease and convenience via our E-Commerce site 6thStreet.com Apparel Group Operates Brands from around the world, originating from USA, Canada, Europe, Australia, Asia and include leading names in Fashion, Footwear & Lifestyle such as Tommy Hilfiger, Charles & Keith, Skechers, Aldo, Nine West, Aeropostale, Jamie's Italian to name a few and other key brands include Tim Hortons, Cold Stone Creamery, Inglot, Rituals etc.. The Apparel Group owes its amazing growth to the vision and guidance of its dynamic Chairman, Nilesh Ved, who has taken the company from strength to strength since its inception in the last two decades." POSITION OBJECTIVE - The position is responsible for overseeing the day-to-day execution of general ledger impacted processes, including support to clients/departments as they work with and understand these processes. - Perform accounting functions specifically in the areas of account balancing, ledger reconciliation, reporting and discrepancy resolution. - Perform in areas relating to general ledgers, subsidiary ledgers and related reporting. Key Responsibilities: - Responsible for doing monthly book closing by end of the month for previous month. - Responsible for Bank reconciliation by closing by end of the month for previous month. - Responsible for Group Company Account Reconciliation by end of the month for previous month. - Internal Audit and query resolution of Internal Audit. - Fixed assets booking and maintaining fixed assets register. - MIS (daily, weekly, fortnight and monthly) . - Vendor management and vendor reconciliation. - Finalization of accounts. - Ensure final settlement is close within the cut-off day from the date of last working day of employee. - Ledger Scrutiny: ensure books are up to date and free from errors and omissions. - Advances if any adjusted against subsequent payment. - Cost control and Reduction. - Budgeting.