Origin Group Head of Cost Management Jobs in Nigeria
Origin Group Head of Cost Management Jobs in Nigeria
Job OverviewThe Head of Cost Management is responsible for developing, implementing, and managing cost control systems and procedures to ensure that the company operates efficiently and profitably. This role involves strategic planning, analysis, and collaboration with various departments to manage costs effectively. The ideal candidate will have a strong financial background, excellent analytical skills, and a proactive approach to cost management.
Key Responsibilities
Cost Management Strategy:
Develop and implement a comprehensive cost management strategy aligned with the company’s overall financial goals.
Establish cost control and reduction objectives, policies, and procedures to optimize the company’s cost structure.
Identify and evaluate cost-saving opportunities across all departments and operations.
Budgeting and Forecasting:
Lead the budgeting process, working closely with department heads to develop accurate and realistic budgets.
Monitor budget performance and provide regular reports to the executive team on cost variances and financial performance.
Develop and maintain financial models and forecasts to support decision-making and long-term planning.
Cost Analysis and Reporting:
Conduct detailed cost analysis to identify areas of inefficiency and recommend corrective actions.
Prepare and present comprehensive cost reports, including cost-benefit analyses, profitability analysis, and cost benchmarking.
Provide insights and recommendations to improve cost efficiency and profitability.
Process Improvement:
Evaluate existing processes and systems to identify opportunities for cost reduction and process optimization.
Implement best practices in cost management and drive continuous improvement initiatives.
Collaborate with cross-functional teams to streamline operations and enhance productivity.
Qualifications
Bachelor’s Degree in Finance, Accounting, Business Administration, or a related field. A Master’s degree or professional certification (e.g., CPA, CIMA) is preferred.
Proven experience (typically 10+ years) in cost management, financial analysis, or a related role, with at least 5 years in a leadership position.
Strong knowledge of cost management principles, budgeting, and financial
analysis.
Excellent analytical and problem-solving skills, with a strong attention to detail.
Proficient in financial modeling, forecasting, and using financial management software.
Exceptional leadership and team management skills, with the ability to inspire and motivate a team.
Strong communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams.
Experience in specific industry or domain relevant to the company, e.g., manufacturing, construction, healthcare is a plus.
Preferred Qualifications:
Advanced knowledge of ERP systems and financial software (e.g., SAP, Oracle, QuickBooks).
Experience in project management and process improvement methodologies (e.g., Six Sigma, Lean).
Knowledge of international cost management practices and regulations.
Benefits
Salary: N800,000 monthly.
Competitive salary and performance-based bonuses.
Comprehensive health insurance
Professional development opportunities and training programs.
How to Apply
Interested and qualified candidates should send their Resume and Cover Letter detailing their experience and qualifications to: origintechgroup.recruitment@gmail.com using the job title as the subject of the mail.
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