Cost Controller

Fairmont Hotels & Resorts; Ras Al Khaimah; On-site; AED 60,000 - 100,000; Full time

Job summary

An established industry player in luxury hospitality is seeking a skilled Cost Controller to join their dynamic team. This role involves monitoring costs, conducting financial analyses, and managing procurement processes to ensure operational efficiency. The ideal candidate will have a strong background in cost accounting and financial analysis, along with proficiency in relevant software tools. Join a team that values growth and learning, and contribute to creating exceptional experiences for guests while ensuring financial integrity and compliance. This is a fantastic opportunity to make a significant impact in a renowned hotel setting.

Benefits

Competitive Salary

Duty Meals Provided

Vacation Tickets/Benefits

Medical Insurance Provided

Qualifications

• Experience in cost accounting and financial analysis within hospitality.
• Proficient in procurement processes and vendor management.

Responsibilities

• Monitor costs, variances, and budgets; recommend savings.
• Conduct P&L analysis and prepare financial reports.
• Manage procurement within budgets and maintain data accuracy.

Skills

Cost Accounting

Financial Analysis

Negotiation Skills

Problem-Solving Skills

Communication Skills

Education

1-2 years of experience in hospitality

Tools

Excel

POS Systems

Oracle Material Control

Micros Simphony

Job description

Company Description

We are far more than the worldwide leader. We welcome you as you are and you can find a job and brand that matches your personality. We support you to grow and learn every day, making sure that work brings purpose to your life, so that during your journey with us, you can continue to explore Accor’s limitless possibilities. By joining Accor every chapter of your story is yours to write, and together we can imagine tomorrow’s hospitality.

Rixos Bab Al Bahr is a luxury hotel chain providing a traditional Turkish hospitality in an excellent manner, changing the concept of a real luxury by giving a new meaning of the all-inclusive holiday concept through providing a unique experience.

SALARIES AND BENEFITS

• Competitive Salary
• Duty Meals provided; breakfast/lunch/dinner/midnight meal + coffee breaks
• Vacation tickets/benefits provided by the hotel
• Medical Insurance Provided

Job Description

Reporting to the Director of Finance, we’re on the lookout for a skilled Cost Controller with strong purchasing software experience to join our team.

What you’ll do…

• Monitor costs, variances, and budgets; recommend savings and corrective actions.
• Conduct P&L analysis, optimize pricing strategies, and prepare financial reports.
• Manage procurement within budgets, maintain data, and ensure accurate purchasing workflows.
• Train staff, troubleshoot issues, and review reports for accuracy.
• Perform regular stocktakes, maintain inventory and adjust purchasing based on consumption patterns.
• Resolve discrepancies and ensure goods match orders.
• Build vendor relationships, negotiate contracts, monitor performance, and resolve issues.
• Ensure compliance with policies, regulations, and internal controls; support audits and enforce fraud prevention.
• Collaborate on cost-effective menu planning, update recipe costs, and adjust pricing for profitability.

Qualifications

What we’re looking for…

• 1–2 years of experience in a similar role within hospitality.
• Expertise in cost accounting, financial analysis, and procurement processes.
• Proficiency in Excel, POS systems, and hotel management software; experience with Oracle Material Control and Micros Simphony system desirable.
• Strong negotiation skills and understanding of purchase orders, receiving, and storage management.
• Strong problem-solving and communication skills desirable.