Objective

The Cost Controlling Advisor is responsible for managing and reducing operational costs to increase company profitability. They analyze financial data, recommend cost-saving measures, and help set budgets to achieve financial objectives.

Description

Guides financial decisions by monitoring, analyzing, and enforcing cost standards.

Sample Questions

• How to analyze production costs effectively?
• What cost-saving measures can be implemented?
• How to integrate cost standards into financial systems?
• How to align cost control strategies with business objectives?

Key Functions

1. Develop and implement cost standards for materials and labor. 2. Design and implement cost accounting systems. 3. Analyze production costs and recommend changes. 4. Prepare detailed reports, both periodically and as needed. 5. Conduct audits to ensure cost compliance. 6. Collaborate with department managers to analyze costs and develop budgets. 7. Recommend cost-effective solutions to improve financial performance.

Required Skills

Financial Analysis, Cost Accounting, Budgeting, Financial Reporting, Auditing, Data Analysis, Strategic Planning, Knowledge of Cost Reduction Techniques, Financial Modeling, Forecasting, Proficiency in Cost Management Software, Risk Assessment, Regulatory Compliance, Knowledge of Financial Regulations, Financial Data Interpretation.