Cost Controller
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Key skills for this role
About the Role
An exciting opportunity has arisen for a Cost Controller (Saudi National Talent) - Finance to join Jumeirah The Red Sea. The main duties and responsibilities of this role inclu.
Key Skills for This Role
Responsibilities
- Create and monitor hotel budget, ensuring departments adhere to allocated funds
- Perform regular cost analysis to identify savings and cost reduction opportunities
- Supervise inventory management processes including stock levels and audits
- Monitor hotel expenses and verify accuracy of invoices and expense reports
- Compile and present detailed cost reports and financial statements to management
- Establish and monitor internal control procedures to safeguard assets and ensure compliance
Requirements
- Saudi National
- Experience in cost control or finance within hospitality
Full Job Posting
Job Overview
- An exciting opportunity has arisen for a Cost Controller (Saudi National Talent) Finance to join Jumeirah The Red Sea.
Main Duties and Responsibilities
- Create and look at the hotel's budget, ensuring all departments adhere to their allocated funds.
- Monitor budget performance and report any variances, providing recommendations for corrective actions.
- Perform regular cost analysis to identify areas of potential savings and cost reduction opportunities.
- Analyze financial data to detect trends, discrepancies, and inefficiencies.
- Supervise inventory management processes, including stock levels, reordering, and conducting regular inventory audits to ensure accuracy and prevent losses.
- Monitor all hotel expenses, ensuring they are necessary, justified, and within the approved budget.
- Verify the accuracy and legitimacy of invoices and expense reports.
- Compile and present detailed cost reports, financial statements, and other relevant documentation to management, ensuring timely and accurate financial reporting.
- Establish, implement, and monitor internal control procedures to safeguard the hotel's assets and ensure compliance with financial policies.
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