Cost Controller

Cost Controller

Responsibilities:

1. Maintaining register of asset inventory (including vessels) with specific details on assets as required.
2. Monitoring of revenue-generating assets – vessels, ferries, water taxis, etc. to ensure timely and accurate booking of related revenues in the respective BU books.
3. Identification of idle assets and coordinating with respective BUs to ensure minimal idle time and maximizing asset turnover.
4. In coordination with CPD and respective BUs, opening of CAPEX contracts and ensuring proper project/product accounting to calculate:
1. Identification of cost excesses.
2. Reconciliation of revenues with respective contracts.

Budgeting and Reporting:

1.





Coordinating with respective BUs in preparation of assets and revenue budget and forecasts.
2. Analysis of budget spends and advising on forecasted requirements.
3. Reporting to Cluster management & Group Corporate team on Cluster Assets.
4. Manage the regular/adhoc management reporting requirements & prepare the monthly financial report on the financial position and analysis including revenue, cost, and capital expenditures.
5. Coordinate and consolidate all budget information into a master budget (Revenue, CapEx, and OpEx) and submit for review by line manager.
6. Maintain a financial database on budget and actual to allow timely comparison, validation, and escalation as deemed required and coordinate and support HQ Finance in budget-related queries.
7. Update the status of the budget (CAPEX & O&M;) through a monthly variance report compared to actual and handle the required budget transfer to cater to the business requirements.
8. Prepare a forecast, identify the deviations from budget,





and recommend corrective actions for management considerations.
9. Develop and maintain an appropriate mechanism for sharing data, to aid financial analysis and reporting and provide explanations for major variances affecting the budget.
10. Maintain a financial database that will allow ease in preparing adhoc reports to senior management such as resource utilizations, etc.
11. Coordination with the auditors on related requirements.

Other Functions:

1. Maintain the budget set-up and updates in the Oracle E-Business Suite.
2. Perform other relevant functions in the finance department/section as assigned.
3. Support the commercial and other departments for any financial or operational analysis on an adhoc basis or whenever required.

Qualifications:

1.





Bachelor’s Degree or equivalent in Accounting or Finance.
2. CPA, CMA, ACCA or equivalent will be an added advantage.
3. Advanced knowledge of MS Excel.
4. Written and spoken English is essential; Arabic will be an added advantage.
5. 3-5 years of experience in Finance.
6. Experience in data analytics & reporting.

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▶️ Cost Controller
🖊️ Abu Dhabi Ports Group
📍 United Arab Emirates