Cost Controller📣 Job Ad

About the Role

Accor is seeking a detail-oriented and analytical Cost Controller to join its team in Jeddah. This full-time position is integral to managing and optimizing the organization's financial resources, ensuring efficient cost management across all departments. As a Cost Controller, you will play a crucial role in upholding the brand and company mindset through a dedicated service culture.

Key Responsibilities

• Develop and implement cost control systems and procedures to monitor expenses and identify areas for improvement.
• Analyze financial data, prepare detailed cost reports, and provide insights to management for decision-making.
• Conduct regular inventory counts and reconciliations to maintain accurate stock levels.
• Monitor and report on budget variances, recommending corrective actions when necessary.
• Collaborate with department heads to develop and manage departmental budgets.
• Ensure compliance with company policies, accounting standards, and local regulations.
• Prepare and review monthly, quarterly, and annual financial statements.
• Assist in the development and implementation of cost-saving initiatives.
• Maintain accurate and up-to-date financial records and documentation.
• Participate in forecasting and long-term financial planning processes.
• Conduct cost-benefit analyses for proposed projects or investments.
• Provide training and guidance to staff on cost control procedures and best practices.

Required Qualifications

• Bachelor's degree in Accounting, Finance, or a related field. A diploma in a relevant field may be considered with extensive experience.
• Proven experience in cost control, financial management, or a similar role.
• Strong knowledge of accounting principles, practices, and financial analysis.
• Proficiency in Microsoft Office suite, particularly Excel.
• Experience with financial management software and inventory systems (*, Futurelog, Opera).

Essential Skills and Attributes

• Excellent analytical and problem-solving skills.
• Strong attention to detail and a high level of accuracy.
• Outstanding organizational and time management abilities.
• Effective oral and written communication skills.
• Ability to work independently and collaboratively in a fast-paced environment.

Preferred Qualifications

• Familiarity with Saudi Arabian financial regulations and practices.
• Professional certification such as CMA or CIMA.