Our client company, based in Stuttgart (Germany), specializes in the design and construction of lightweight structures integrating architecture and engineering, based of scientific research and minimalistic forms in harmony with the ornamentation of buildings.
ROLE
Cost Controller plays a key role in monitoring costs and overseeing the financial performance of projects and operations to ensure optimal results. This position encompasses financial planning, analysis, and reporting, enabling the company to achieve its financial goals while maintaining compliance with German accounting laws (HGB) and tax regulations.
1. Financial Planning and Analysis (FP&A):
• Develop and manage budgets, forecasts, and strategic financial plans.
• Ensure alignment of financial planning with company goals
• Provide actionable insights from financial analysis to support decision-making.
• Apply foundational knowledge of HGB German accounting standards in all activities.
2. Cash Flow Management:
• Monitor and manage cash flows to ensure operational liquidity.
• Minimize holding costs while optimizing investment opportunities.
• Forecast future cash flow requirements and provide actionable recommendations.
3. Cost Control and Efficiency:
• Identify and implement cost-saving measures across projects and departments.
• Ensure efficiency improvements without compromising quality or performance.
• Oversee cost control measures throughout project lifecycles to ensure profitability.
4. Financial Reporting and Compliance:
• Prepare and deliver accurate, timely financial statements and reports.
• Ensure all financial practices align with regulatory requirements and HGB standards.
• Collaborate with internal and external auditors to ensure compliance.
5. Internal Controls and Risk Management:
• Establish and maintain robust internal financial controls.
• Identify and mitigate financial risks to protect company assets.
• Recommend and implement strategies for reducing financial risks.
6. Contract Revision and Negotiation:
• Review project-related contracts to ensure financial alignment and compliance.
• Negotiate terms with vendors, contractors, and external partners to optimize costs.
• Ensure clear documentation and adherence to contractual obligations.