Job Description
Onin Staffing is currently recruiting for a detail-oriented and analytical Cost Controller to join our customer's organization and manage
the cost control processes and procedures. As the Cost Controller, you will play a vital role in optimizing
operational efficiency, controlling expenses, and ensuring profitability across the organization. This
position reports directly to the Chief Financial Officer.
Responsibilities:
1. Cost Analysis and Reporting:
- Monitor and analyze all aspects of cost control, including supplies, labor costs,
overhead expenses, and inventory management.
- Conduct regular cost variance analysis to identify discrepancies, trends, and areas for improvement.
- Prepare accurate and timely financial reports, cost summaries, and forecasts for management review.
2. Budgeting and Forecasting:
- Collaborate with the finance team to develop annual budgets and forecasts for each
location.
- Track actual performance against budgeted targets and provide insightful analysis and
recommendations for cost optimization.
- Identify cost-saving opportunities and propose strategies to enhance profitability and operational
efficiency.
3. Inventory Management:
- Oversee and implement effective inventory control systems and procedures, ensuring accuracy, proper
documentation, and timely reconciliations.
- Conduct regular inventory audits to minimize waste, spoilage, and shrinkage.
- Analyze inventory levels, usage patterns, and procurement practices to optimize inventory turnover
and reduce carrying costs.
4. Vendor Management:
- Evaluate vendor performance, negotiate pricing and terms, and develop strong relationships with key
suppliers.
- Collaborate with the purchasing department to ensure compliance with purchasing policies and
procedures.
- Conduct periodic vendor reviews to assess cost-effectiveness and explore alternative sourcing options.
5. Cost Control Policies and Procedures:
- Develop and implement cost control policies and procedures to enhance financial discipline and
standardize practices across the organization.
- Provide training and guidance to managers and staff on cost control best practices and
procedures.
- Monitor compliance with cost control policies and identify areas of non-compliance, implementing
corrective actions as needed.
Work Experience
Qualifications and Skills:
- Bachelor's degree in Finance, Accounting, or a related field. Advanced degree or professional
certification (e.g., CMA, CPA) is a plus.
- Minimum of 5-7 years of experience in cost control, financial analysis, or related roles, preferably in the retail,
restaurant or hospitality industry.
- Strong knowledge of cost accounting principles, financial analysis techniques, and inventory
management practices.
- Proficiency in using financial software and advanced spreadsheet tools for data analysis and reporting.
- Excellent analytical skills with a keen attention to detail and the ability to identify trends and patterns in
financial data.
- Solid understanding of budgeting, forecasting, and variance analysis.
- Strong communication and interpersonal skills to collaborate effectively with cross-functional teams.
- Ability to work independently, prioritize tasks, and meet deadlines in a fast-paced environment.
Benefits
Ōnin has the best benefits in the staffing industry…The benefits that you deserve! $5 dollar Doctor visits, $5 prescription drugs, Free access to Doctors via phone, Free wellness checks. Find out the details when you interview with your Ōnin representative.
Onin believes that your health is important. Medical benefits should be affordable and easy to use with your busy schedule. That’s why we offer our teammates custom-built benefits that are affordable and convenient to use. When you’re a part of our team, you will have affordable benefits you’ll actually want to use such as; $5 Prescription drug copays, $5 Doctor’s Visit copays, Free Teledoctor Service, Free Counseling Services, Life Insurance Included, Vision Insurance Included, Dental Insurance Included, Vacation and Holiday Pay and Scholarship Opportunities. You will get these amazing benefits and more after just 30 days.