Cost Controller

AccorHotel; Ras Al Khaimah; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading hospitality company in the United Arab Emirates seeks an experienced Cost Control Manager. Applicants should possess a Bachelor's degree in Accounting or Finance and have a minimum of three years' experience in cost control, preferably within the hospitality sector. Responsibilities include monitoring costs, preparing cost reports, and overseeing inventory management to ensure budget adherence. Strong analytical and communication skills are required, along with proficiency in various accounting software. This is a full-time on-site position.

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.
• Proficiency in accounting software and hotel management systems.

Responsibilities

• Monitor and control costs in all departments to ensure budget adherence.
• Prepare and present detailed cost reports to senior management.
• Oversee inventory control and ensure accurate recording of goods.

Skills

Attention to Detail

Analytical Skills

Problem-Solving

Communication Skills

Time Management

Education

Bachelor's degree in Accounting, Finance, Business Administration

Tools

Microsoft Dynamics

SAP

Microsoft Excel

Opera

Micros

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