Our client is a multinational shipping group with a comprehensive network of services worldwide. We are currently seeking a Cost Control Director to be based in the Dubai office.
This global organisation specializes in shipping and logistics, providing innovative solutions for container transportation across various industries and having a strong commitment to sustainability. The Dubai office is a strategic location for the the MEA region, covering 35+ countries.
This newly created position will be the start of a new function and will bring a key support to the business. As a Cost Control Director, you will report to the Regional CFO and the Director of Operations. You will play a key role in challenging the Operations for cost efficiency purposes.
- Lead project to develop, implement, and maintain cost control
- Propose systems or processes to monitor operational costs.
- Analyse financial data to identify cost-saving opportunities and recommend corrective actions.
- Conduct regular cost reviews, variance analyses, and performance evaluations to ensure alignment with budgeted goals
- Process cost reviews linked to regional cost-saving across departments, including Logistics, Operations to optimize the cost per TEU for the region.
- Established monthly cost reviews and support a quarterly advanced cost forecasts to proactively anticipate extra costs with operation team
- Focus on business controlling, not only by optimizing costs but also by generating additional revenues and improving performance, including monitoring initiatives linked to other services
- Raising alerts, anticipating risks, and providing ad hoc studies for new services/lines implementations, moving away from transactional tasks and creating value for the business.
- Bachelor's degree in Finance, Accounting, Business Administration, or a related field. A Master's degree or professional certification (e.g., CPA, CMA) is preferred.
- A strict minimum of 8 years of experience in cost control, with at least 5 years in a leadership role.
- Excellent communication and presentation skills, with the ability to convey financial concepts to non-financial stakeholders.
- Proficiency in financial software and tools, such as ERP systems(SAP is ideal), Excel and cost management software.
- A current or previous significant experience in the shipping industry is mandatory
Michael Page
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