Cost Control Executive | Scrabble
Posted on February 21, 2025
Job Description
Job Title: Cost Control Executive
Department: SCM
Reports To: SCM Head
Location: Ghatkopar, Mumbai
Job Summary:
We are seeking a meticulous and detail-oriented Cost Control Executive to join our
Department: SCM
Reports To: SCM Head
Location: Ghatkopar, Mumbai
Job Summary:
We are seeking a meticulous and detail-oriented Cost Control Executive to join our
dynamic team. The successful candidate will play a crucial role in ensuring cost-
effectiveness and accuracy in all procurement activities. This role involves close
effectiveness and accuracy in all procurement activities. This role involves close
coordination with the procurement team and requires strong analytical and
communication skills.
Key Responsibilities:
• Purchase Order Review:
o Carefully review all Purchase Orders (POs) before they are sent to vendors,
ensuring accuracy of pricing, quantities, terms and conditions.
o Conduct thorough checks on all PO details, including item descriptions,
specifications, and delivery dates.
• Cost Comparison & Validation:
o Analyze and validate cost comparisons for different suppliers and materials.
o Identify potential cost-saving opportunities and recommend strategies for
cost reduction.
• Tax Invoice Verification:
o Review and verify all tax invoices received from vendors for accuracy and
compliance with applicable tax laws.
communication skills.
Key Responsibilities:
• Purchase Order Review:
o Carefully review all Purchase Orders (POs) before they are sent to vendors,
ensuring accuracy of pricing, quantities, terms and conditions.
o Conduct thorough checks on all PO details, including item descriptions,
specifications, and delivery dates.
• Cost Comparison & Validation:
o Analyze and validate cost comparisons for different suppliers and materials.
o Identify potential cost-saving opportunities and recommend strategies for
cost reduction.
• Tax Invoice Verification:
o Review and verify all tax invoices received from vendors for accuracy and
compliance with applicable tax laws.
• Payment Documentation:
o Check all supporting documents required for vendor payments, including
invoices, delivery notes, and other relevant documentation.
o Identify and follow up on any missing or incomplete documents with relevant
stakeholders (e.g., vendors, logistics team).
o Check all supporting documents required for vendor payments, including
invoices, delivery notes, and other relevant documentation.
o Identify and follow up on any missing or incomplete documents with relevant
stakeholders (e.g., vendors, logistics team).
• Data Analysis & Reporting:
o Track and analyze procurement costs and identify any cost variances.
o Prepare regular reports on procurement spending and cost trends.
• Process Improvement:
o Track and analyze procurement costs and identify any cost variances.
o Prepare regular reports on procurement spending and cost trends.
• Process Improvement:
o Identify and implement process improvements to enhance procurement
efficiency and cost-effectiveness.
efficiency and cost-effectiveness.
• Vendor Communication:
o Communicate effectively with vendors to resolve any discrepancies related
to pricing, invoicing, or payments.
o Communicate effectively with vendors to resolve any discrepancies related
to pricing, invoicing, or payments.
Qualifications:
• Bachelor's degree in Commerce (B.Com), Accounting, or a related field.
• 5-8 years of experience in a cost control, finance, or procurement role.
• Strong analytical and problem-solving skills.
• Excellent attention to detail and accuracy.
• Proficiency in Microsoft Excel (including pivot tables, VLOOKUP, etc.) and other
relevant software.
• Good communication and interpersonal skills.
• Ability to work independently and as part of a team.
Additional Requirements:
• ERP System Experience: Familiarity with ERP systems used in procurement and
finance is a strong plus.
• Knowledge of GST: In-depth understanding of GST laws and regulations.
• Experience in the battery or related industry: Preferred, but not mandatory.
• Bachelor's degree in Commerce (B.Com), Accounting, or a related field.
• 5-8 years of experience in a cost control, finance, or procurement role.
• Strong analytical and problem-solving skills.
• Excellent attention to detail and accuracy.
• Proficiency in Microsoft Excel (including pivot tables, VLOOKUP, etc.) and other
relevant software.
• Good communication and interpersonal skills.
• Ability to work independently and as part of a team.
Additional Requirements:
• ERP System Experience: Familiarity with ERP systems used in procurement and
finance is a strong plus.
• Knowledge of GST: In-depth understanding of GST laws and regulations.
• Experience in the battery or related industry: Preferred, but not mandatory.
