About Sinologistics Overseas, a subsidiary of China Logistics Group:
With the strategic involvement of three key investors, namely China Eastern Airlines, China COSCO Shipping Corporation Ltd, and China Merchants Group, China Logistics Group operates in close coordination to drive its strategic initiatives. China Logistics has a registered capital of 30 billion RMB and a strong presence both domestically and internationally. Its operations span across 30 provinces within China, as well as five continents worldwide. Sinologistics Overseas, a Singapore Company, is its first overseas subsidiary and we are looking for like-minded individuals to build and expand the overseas market with us!
Key Responsibilities
The Cost Control Director is responsible for setting up and managing the financial systems for the Program including cash flow, yearly budgets, data collection, and analysis, cost control, and reporting to the Senior Management and Head Office as required.
Budget Development and Management
- Prepare detailed budgets for various departments and projects within the organization.
- Monitor actual expenditures against the budget and report variances.
Financial Reporting
- Prepare regular financial reports, including cost summaries, variance analysis, and forecasts.
- Present financial data to senior management, highlighting key insights and recommendations.
Cost Tracking/Analysis and Cost Control Procedures
- Track and record all costs associated with projects
- Analyze cost data to identify trends, inefficiencies, and potential cost-saving opportunities.
- Implement and enforce cost control procedures across all departments.
Forecasting and Planning
- Develop cost forecasts and update them based on actual performance and changing conditions.
- Assist in long-term financial planning and strategy development for the organization.
Collaboration with Departments
- Work closely with department heads to understand their cost drivers and assist in
managing their budgets.
- Provide financial guidance and support to ensure effective cost management.
Process Improvement
- Identify areas for process improvement and implement best practices to enhance cost efficiency.
- Lead or participate in cross-functional teams to develop and execute cost-saving initiatives.
Risk and Compliance Management
- Identify financial risks related to cost overruns and develop mitigation strategies.
- Monitor and report on risk factors that could impact the financial performance of the organization
- Ensure compliance with company policies, industry standards, and regulatory requirements.
- Maintain detailed and organized financial records for audit and review purposes.
Staff Training and Development
- Train and mentor finance team on cost control practices and financial analysis techniques.
- Promote a culture of cost consciousness and financial accountability within the organization
Special Projects
- Participate in special projects and initiatives as assigned by senior management.
- Provide financial analysis and support for new business ventures or expansions.
Job Requirements
· Bachelor's degree or Master's degree in finance, supply chain management, business administration, or equivalent.
· Minimum 10 years of experience Financial Planning & Analytics.
· A strong leader who is able to drive performance and focused on delivering the end-results, also able to lead the finance team
· Excellent communication and interpersonal skills
· Demonstrated to be a self-starter and highly motivated, with a proactive approach to problem-solving and a willingness to take initiative
· Have strong business acumen and analytical skills, detail-oriented and.good organizational skills and the ability to handle multiple stakeholders, priorities and timelines simultaneously
· Able to work under pressure in a fast-paced environment.
· Experience in driving process improvement and change initiatives
· Able to collaborate effectively in a cross functional and multi-cultural environment
· Proficient in both spoken and written English and Mandarin
