- A cost controller is an accountant who manages cost for a company. There are several different industries that cost controllers can work in, including hotels, production and manufacturing, restaurants and retail. In this position you help management to determine and maintain costs to produce goods and services for consumers.
- Successful cost controllers are able to maintain strict adherence to a corporate budget and find ways to increase company profits.
- The main responsibilities of a cost controller include estimating and managing the cost to produce goods and services.
- The controller must estimate cost using accounting models to help determine the price of production, the price to consumers and how much money the company can expect to make on any given product or service. This analysis includes pricing raw materials from vendors necessary to creation of the product, labor, any necessary transportation and equipment.