Cost Controller

Cost Controller (Textile Retail Business Group with Multiple Branches) A Cost Controller in a textile retail business is responsible for monitoring, analyzing, and controlling the overall costs of operations across all branches. The role ensures profitability through effective budgeting, cost reduction strategies, inventory control, and financial monitoring while supporting management in decision-making. Key Responsibilities • Monitor and control operational costs of all retail branches. • Analyze branch-wise expenses, gross profit, and cost variances. • Prepare monthly cost reports and MIS for management review. • Track inventory costs, stock movement, shrinkage, wastage, and damages. • Coordinate with purchase, warehouse, accounts, and branch teams for cost optimization. • Verify purchase prices, supplier cost comparisons, and margin analysis. • Ensure proper budgeting and budgetary control across departments. • Identify unnecessary expenditures and recommend corrective actions. • Monitor utility expenses, manpower costs, logistics, and administrative expenses. • Support internal audit and ensure compliance with company policies. • Develop cost control procedures and improve operational efficiency. • Assist management in pricing, profitability analysis, and business planning. Required Qualifications • CMA /ICWAI/Inter (Pass) /Final • Additional knowledge in retail accounting or inventory management is advantageous. Experience Required • 3–8 years experience in retail finance, costing, inventory control, or accounts. • Experience in textile or multi-branch retail business preferred. • Knowledge of ERP systems, inventory software, and advanced Excel. Key Skills • Strong analytical and numerical ability • Cost analysis and budgeting • Inventory and stock control knowledge • Excellent reporting and MIS preparation • Attention to detail and problem-solving skills • Communication and coordination skills • Knowledge of retail operations and branch controls Reporting To • CFO / Managing Director KPI / Performance Indicators • Reduction in operational costs • Inventory loss control • Improvement in gross profit margins • Budget adherence • Accuracy and timeliness of reports