Cost Controller

The Ritz-Carlton Tenerife, Abama; Islas Canarias; On-site; EUR 55,000 - 75,000; Full time

Benefits offered by this job

Salary package

Travel and hotel discounts

13th and 14th salary payments

Employee dining benefits

Learning & development programmes

Job summary

The Ritz-Carlton Tenerife, Abama, a luxury resort in the Canary Islands, seeks a Cost Controller to lead financial planning, monitoring, and control across the resort. You will ensure efficient operations aligned with Marriott standards and drive profitability through insightful analysis.

The role demands analytical, strategic thinking, and a results-oriented mindset within a dynamic luxury hospitality environment. Fluency in Spanish and English is essential.

Qualifications

• University degree in Finance, Accounting or related field.
• Experience in finance, cost control, accounting, or similar roles, preferably in hospitality.
• Strong knowledge of budgeting, forecasting, auditing and financial reporting.
• Ability to translate financial data into actionable insights.
• Excellent organization, attention to detail, multitasking in a fast-paced environment.
• Fluency in Spanish and English; other languages are a plus.

Responsibilities

• Support resort’s financial planning and strategic decision-making.
• Analyze financial data, market trends and KPIs to identify improvement opportunities.
• Assist in preparing budgets, forecasts and business plans.
• Monitor actual results vs forecasts, recommending actions to improve profitability.
• Develop cost-optimisation initiatives and improve margins.
• Maintain robust financial controls and compliance with regulations.
• Collaborate with Finance and Accounting for accurate reporting.
• Prepare timely financial reports for senior leadership and stakeholders.
• Provide financial insights to support operational decisions.

Skills

Financial analysis

Budgeting

Forecasting

Auditing

Financial reporting

Bilingual Spanish-English

Education

University degree in Finance/Accounting

Tools

MS Excel

Financial management systems

Job description

Instantly recognizable, The Ritz-Carlton Tenerife, Abama is the island's most iconic resort: an oasis of tranquillity where the sea, the land, and subtropical vegetation blend effortlessly with iconic Moorish-inspired architecture. The resort's 462 rooms and suites, divided between the vibrant Citadel and the exclusive Retreat, enjoy magnificent views of the Atlantic Ocean, Mount Teide, or the resort's lush gardens. A renowned culinary destination in its own right, this 5-star Tenerife resort features world-class restaurants ranging from light and casual dining to Michelin-starred fine dining experiences. Offering the perfect escape, this timeless resort boasts multiple swimming pools, a 2,500 m² Spa & Fitness Centre, and the largest Ritz Kids in Europe.

JOIN OUR TEAM!

…as a Cost Controller at The Ritz-Carlton Tenerife, Abama.

Who are we looking for?

Are you passionate about transforming financial data into strategic decisions that drive business success? As a Cost Controller, you will play a key role in the financial planning, monitoring, and control of our resort, ensuring efficient and profitable operations aligned with the excellence standards of Marriott International and The Ritz-Carlton. If you are analytical, strategically minded, results-oriented, and thrive in a dynamic luxury hospitality environment, we would love to meet you!

Your Responsibilities Will Include…

• Supporting and contributing to the resort’s financial planning and strategic decision-making processes.
• Analysing financial data, market trends, and performance indicators to identify opportunities for improvement and business growth.
• Assisting in the preparation of annual budgets, forecasts, and business plans.
• Monitoring and analysing actual financial results against forecasts and budgets, providing recommendations to maximise profitability.
• Developing initiatives to optimise costs, improve margins, and strengthen the property's return on investment.
• Maintaining effective financial controls and procedures to mitigate business risks.
• Collaborating closely with the Finance and Accounting team to ensure accurate financial management and reporting.
• Ensuring the timely and accurate preparation of financial reports in compliance with corporate and legal requirements.
• Monitoring the accuracy of the Profit & Loss (P&L) statement, ensuring revenues and costs are properly recorded and allocated.
• Assisting with internal, external, and regulatory audits, ensuring any corrective actions are implemented where necessary.
• Ensuring compliance with all applicable financial, accounting, tax, and legal regulations.
• Preparing financial reports, business analyses, and presentations for senior leadership.
• Supporting the Finance leadership team by providing financial insights and recommendations on operational and business matters.
• Participating in meetings with stakeholders and management teams, providing clear analysis and context regarding financial performance.
• Building effective relationships with key stakeholders while understanding their financial objectives and expectations.
• Ensuring compliance with Marriott International's Standard Operating Procedures (SOPs) and Local Standard Operating Procedures (LSOPs).
• Supporting the development of team members through training, coaching, and knowledge-sharing initiatives.

What We Are Looking For In You…

• A university degree in Finance, Accounting, or a related field.
• Previous experience in finance, cost control, accounting, or similar financial roles, preferably within the hospitality industry or an international organisation.
• Strong knowledge of financial analysis, budgeting, cost control, auditing, and financial reporting.
• The ability to interpret financial information and translate it into meaningful business insights.
• Excellent organisational skills, attention to detail, and the ability to multitask in a fast-paced environment.
• Strong analytical and problem-solving abilities.
• The ability to communicate financial information clearly and effectively to different audiences.
• A collaborative approach and the ability to build strong working relationships across departments.
• Proficiency in Microsoft Office applications and financial management systems.
• Fluency in Spanish and English; additional languages will be considered an asset.
• A valid work permit for Spain.

How We Inspire You…

• An attractive salary package commensurate with your experience and responsibilities within a global luxury hospitality company.
• Travel the world across more than 9,500 hotels with our exceptional employee rates "Explore Rate", also available to eligible family members and partners.
• Enjoy a 20% discount on Food & Beverage outlets across Marriott International hotels.
• Take advantage of a 50% discount on our on-property dining outlets.
• Did you know you can receive up to 75% discount on flights if you are a resident of Tenerife?
• Extensive corporate benefits and discounts on leisure activities, travel, and services.
• A special birthday surprise to celebrate your day.
• Enjoy a complimentary guest experience at our resort after one year of service.
• 13th and 14th salary payments.
• Access to innovative learning and development programmes through our corporate university.
• Genuine career growth and promotion opportunities within Marriott International.
• Complimentary meals provided in our employee dining facility.
• We take care of the cleaning of your work attire whenever applicable to the role.
• We celebrate our team through events, activities, employee appreciation programmes, and special occasions throughout the year.
• Participate in corporate social responsibility initiatives and make a positive impact in our local community.
• Your wellbeing matters to us, which is why we provide comprehensive occupational health support.

(All benefit and bonus programmes are subject to individual company regulations. Applicable tax and social security regulations apply, and the company reserves the right to amend these programmes at any time.)

Marriott International is an equal opportunity employer. We believe in hiring a diverse workforce and sustaining an inclusive, people-first culture. We are committed to non-discrimination on any protected basis, including disability, veteran status, or any other basis protected by applicable law.

Every day, we set the standard for rare and special luxury service around the world and take pride in delivering excellence in guest care and comfort.

At more than 100 award-winning properties worldwide, The Ritz-Carlton Ladies and Gentlemen create experiences so exceptional that long after a guest stays with us, the experience remains with them. By joining The Ritz-Carlton, you become part of the Marriott International portfolio of brands. Be where you can do your best work, begin your purpose, belong to an amazing global team, and become the best version of yourself.