Cost Controller

AccorHotel; Ras Al Khaimah; On-site; AED 90,000 - 120,000; Full time

Job summary

A leading hospitality company in Ras al-Khaimah seeks a qualified cost controller to manage financial performance and ensure budget adherence across departments. The ideal candidate must have a bachelor's degree and at least 3 years of relevant experience, along with strong analytical and communication skills. This full-time position does not offer remote work options.

Qualifications

• Minimum of 3 years of experience in cost control, accounting, or finance, preferably in the hospitality industry.
• Strong attention to detail with the ability to analyze complex financial data.
• Ability to maintain confidentiality regarding financial data and sensitive operational information.

Responsibilities

• Monitor and control costs across all departments to ensure budget adherence.
• Assist in the preparation of departmental budgets and forecasts.
• Prepare and present detailed cost reports to senior management.
• Oversee inventory control including conducting regular physical counts.
• Establish and maintain standard costs for materials and supplies.
• Assist in negotiating with suppliers for cost-effective procurement.
• Analyze cost trends and recommend cost-saving initiatives.

Skills

Proficiency in accounting software

Attention to detail

Analytical skills

Problem-solving

Communication skills

Time management

Education

Bachelor's degree in Accounting, Finance, Business Administration or related field

Tools

Microsoft Dynamics

SAP

Opera

Micros

Microsoft Office Suite

Job description

Responsibilities

• Cost Monitoring: Monitor analyze and control costs across all departments including food and beverage, housekeeping and maintenance to ensure budget adherence.
• Budgeting & Forecasting: Assist in the preparation of departmental budgets and forecasts. Monitor actual performance against the budget and analyze variances to ensure financial targets are met.
• Cost Reporting: Prepare and present detailed cost reports including profit and loss statements, cost analysis and variance reports to senior management.
• Inventory Management: Oversee inventory control including conducting regular physical counts of inventory and ensure accurate recording of goods received and used.
• Standard Costing: Establish and maintain standard costs for materials, supplies and services. Ensure that all cost standards are regularly reviewed and updated.
• Supplier Negotiations: Assist in negotiating with suppliers to secure the best possible pricing and ensure cost-effective procurement of goods and services.
• Cost Analysis: Analyze cost trends identify areas of inefficiency and make recommendations for cost‑saving initiatives without compromising quality or guest satisfaction.

Qualifications

• Educational Background: Bachelors degree in Accounting Finance Business Administration or a related field.
• Experience: Minimum of 3 years of experience in cost control accounting or finance preferably in the hospitality industry.
• Technical Skills: Proficiency in accounting software (e.g. Microsoft Dynamics SAP) hotel management systems (such as Opera or Micros) and Microsoft Office Suite (particularly Excel).
• Attention to Detail: Strong attention to detail with the ability to analyze complex financial data and identify cost-saving opportunities.
• Analytical Skills: Ability to interpret financial data perform variance analysis and provide actionable insights to improve cost efficiency.
• Problem‑Solving: Strong problem‑solving skills with the ability to identify cost issues and provide solutions that enhance profitability.
• Communication Skills: Excellent written and verbal communication skills with the ability to collaborate effectively with cross‑functional teams and management.
• Time Management: Strong organizational skills with the ability to manage multiple tasks prioritize deadlines and work under pressure.
• Confidentiality: Ability to maintain confidentiality regarding financial data and sensitive operational information.

Remote Work

No

Employment Type

Full‑time