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Cost Controller job at Sokoni Africa Limited


Sokoni Africa Limited

About the Organization:

Sokoni (SAL) is a diversified enterprise with interests in the hospitality industry as well as real estate market. The company owns and operates Quality Hill mall along Ggaba Road close to the American Embassy in Kampala Uganda. It also operates a boutique hotel, Le Petit Village, a French pastry shop, La Patisserie, and a European cuisine restaurant, Le Chateau Brasserie Belge.

Job Description

Sokoni Africa Limited is currently seeking a detail-oriented and analytical Cost Controller to join our team. As a Cost Controller, you will be responsible for monitoring and controlling costs across our organization to ensure optimal financial performance. You will play a critical role in identifying cost-saving opportunities and implementing effective cost control measures.

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Duties and Responsibilities

  • Develop and implement cost control policies and procedures

  • Analyze financial data to identify cost-saving opportunities and areas of improvement

  • Monitor and control expenses across departments

  • Ensure adherence to budgetary guidelines and targets

  • Prepare accurate and timely financial reports related to cost control

  • Collaborate with department heads to develop and implement cost reduction strategies

  • Conduct regular audits to ensure compliance with cost control measures

  • Provides correct expense figures as requested to be given to Heads of Department.

  • Ensures administrative and operation cost figures are correctly recorded and relevant expenses accounted.

  • Ensures the accurate recording of all sundry and consumable goods purchased.

  • Monitors daily input of stock movement (purchasing, receiving, issuing, transfers) into computer system on a cost basis.

  • Prepares timetable and stock sheets for regular stock takes and coordinates timely counting and valuation.

  • Approves invoices and statements for purchase prices as detailed from purchasing.

  • Ensure that Procurement obtain up to date and accurate prices by comparing ‎prices against suppliers quotations.‎

  • Check and review filled requisitions and ensure that goods are not issued more than ‎requested.‎

  • Conduct spot check to ensure that the goods received are as per specifications and ‎the deliveries of goods by suppliers are consistent with the receiving schedule and ‎the storerooms are not overstocked especially during month end.‎

  • Audit monthly stock and prepare reconciliation on all stores. ‎

  • Post actual stock results in the system and print inventory valuation report.‎

  • Reconcile all inventory accounts based on actual purchases and actual inventory ‎stock take and allocate the expenses to the respective department based on their ‎requisitions.‎

  • Updating the Materials Control system with goods received notes ‎‎(GRNs), stock transfers etc.

CPA Uganda April 2024 Intake

Qualifications and Experience

  • Bachelor's degree in Finance, Accounting, or a related field

  • Proven experience as a Cost Controller or in a similar role

  • Strong knowledge of cost control principles and techniques

  • Excellent analytical and problem-solving skills

  • Proficient in using financial analysis software (Material control system ,SUN system) and MS Office Suite

  • Attention to detail and accuracy

  • Ability to work well in a team and collaborate with different departments

  • Strong communication and interpersonal skills

How to Apply

Are you interested? Click the "APPLY" button below to submit your application.

Deadline for Application

June 8, 2024

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