Job Title: Cost Controller

Department: Finance / Accounts

Reporting To: Finance Manager

Job Summary:

The Cost Controller is responsible for monitoring, analyzing, and controlling costs across retail operations. This role ensures accurate cost tracking, identifies cost-saving opportunities, and supports profitability through effective financial planning and control. The position works closely with operations, procurement, and store teams to maintain financial discipline and efficiency.

Key Responsibilities:
Monitor and control operational costs across all retail stores and departments
Prepare and analyze cost reports, variance analysis, and profitability statements
Track daily, weekly, and monthly expenses and highlight deviations from budget
Develop and implement cost control procedures and policies
Work closely with procurement to control purchase costs and vendor pricing
Ensure proper inventory valuation and cost allocation
Analyze stock movement, wastage, and shrinkage to minimize losses
Support budgeting, forecasting, and financial planning processes




Conduct periodic audits of expenses, stock, and operational processes
Identify cost-saving prospects and recommend corrective actions
Ensure compliance with financial policies and internal controls
Assist in pricing strategies by providing cost insights and margin analysis
Coordinate with store managers and operations team for cost optimization

Key Performance Indicators (KPIs):
Cost variance against budget (%)
Gross margin improvement
Expense control and reduction
Inventory cost accuracy
Shrinkage and wastage reduction
Budget adherence
Audit compliance

Qualifications & Requirements:
Bachelor’s degree in Commerce, Finance, Accounting, or related field (CA/ CMA/ MBA preferred)
3–7 years of experience in cost control, finance, or accounting (retail experience preferred)
Robust knowledge of cost accounting and financial analysis
Proficiency in MS Excel and acco

📌 Cost Controller Idukki Township
🏢 Atlas Maharani Group
📍 Idukki Township