Strategic Cost Improvement Specialist

Job Title: Strategic Cost Improvement Specialist
Location: Riyadh, Saudi Arabia
Job Type:Unspecified
Category:Accounting and Auditing
Description:
  • Leads cost targeting and benchmarking activities to achieve the lowest operating cost and support the implementation of cost reduction opportunities.
  • Contributes to the development of cost improvement vision, strategy, policies, processes and procedures in order to aid and improve operational performance.
  • Ensures the organization has a robust cost estimating process in place to meet the project requirements, aligning with the quality and regulatory standards
  • Supports continuous improvement through cost engineering techniques and processes, identifying inefficiencies and cost optimization opportunities.
  • Manages the identification of key areas requiring improvement and applies cost estimation techniques to drive cost reductions and aid operational processes and efficiency.
  • Reviews, analyses and understands economic trends and considers risks and cost implications that may affect the organization in order to develop action plans accordingly.
  • Ensures professional and consistent cost improvement management processes are applied in the business
  • Manages the implementation of appropriate monitoring systems and ensures periodic maintenance in order to meet the objectives.
  • Stays up to date with project updates/changes and supports the project manager in ensuring all costs are identified and tracked against the budget.
  • Liaise with internal and external stakeholders to implement cost improvement activities in the business and ensure optimal performance.
  • Identifies and leads cost-saving initiatives within the company.

Qualifications:
  • Bachelor’s or Master’s Degree in Finance or a related field
  • 2 – 4 years of experience in a relevant position.
Education:Bachelor's degree / higher diploma
Experience:Min: 2
Salary:Unspecified
Contact:

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Posted in Accounting and Auditing