Cost Controller

Position Overview

All Inclusive Collection Properties is searching for a seasoned and meticulous Cost Controller to oversee the hotel's financial expenditures, ensuring expenses are well-managed and profitability is optimized. The incumbent will conduct financial analysis for departmental costs, set and monitor cost benchmarks, and guarantee spending aligns with organizational financial goals. Collaboration with multiple departments will be essential to deliver insights and recommendations aimed at enhancing operational efficiency.

Core Duties

• Supervise and analyze expenses across departments such as food and beverage, housekeeping, and maintenance to ensure compliance with budgets.
• Support the creation of departmental budgets and forecasts, monitor real vs budget performance, and investigate deviations to meet financial objectives.
• Develop comprehensive cost reports including profit and loss statements, variance analysis, and cost trend reviews for senior management.
• Manage inventory controls by conducting regular physical inventory checks and ensuring precise documentation of received and used materials.
• Establish and update standard costs for all materials, supplies, and services.
• Help in supplier negotiations to achieve cost-effective procurement.
• Assess cost patterns, highlight inefficiencies, and suggest cost-saving measures that maintain quality and guest satisfaction.
• Implement and monitor internal controls to prevent fraud, waste, and inefficiency in cost-related activities.
• Collaborate with department leaders to evaluate and improve cost efficiency across various operations.
• Deliver training and support to department managers regarding cost control techniques and fiscally responsible decisions.

Qualifications & Skills

• A bachelor's degree in Accounting, Finance, Business Administration, or a related discipline.
• At least three years of experience in cost control, accounting, or finance, preferably within the hospitality sector.
• Proficiency with accounting software such as Microsoft Dynamics or SAP, hotel management systems like Opera or Micros, and Microsoft Office Suite, particularly Excel.
• Exceptional attention to detail for analyzing complex financial data and identifying cost reduction opportunities.
• Strong analytical ability to interpret financial results and suggest actionable improvements.
• Effective problem-solving capabilities aimed at enhancing profitability.
• Excellent communication skills for collaboration with diverse teams and management.
• Good organizational and time management skills to handle multiple priorities under pressure.
• Integrity and ability to maintain confidentiality of financial and sensitive information.

Sustainability & Compliance

Commitment to sustainable cost control practices that encourage resource efficiency, minimize waste, and support eco-friendly operations consistent with the hotel's Environmental, Social, and Governance (ESG) and Corporate Social Responsibility (CSR) goals. Ensure strict adherence to local legal standards, company policies, ISO regulations, and best industry practices. Regularly review and update cost management procedures to reflect current legal and regulatory changes. Maintain compliance with food safety and hygiene standards, especially related to financial decisions impacting food and beverage operations, ensuring quality and safety are not compromised.

Additional Information

• Join a dynamic, fast-growing international group focusing on building a global hotel brand.
• Work in a creative, rewarding environment that encourages innovation and challenges conventional approaches.
• Become part of a passionate team dedicated to delivering exceptional hospitality experiences and exploring new locations.
• Benefit from a competitive salary package and ample opportunities for career growth.