Cost Controller
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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
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Overview
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 include: 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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