Cost Controller📣 Job Ad

About Raffles Hotels & Resorts

Raffles Hotel Jeddah, located adjacent to a residential tower, combines expert service with world-class luxury. The hotel embodies the Raffles brand's high standards, special touches, and trademark elegance, enhancing the experience of a stay in Jeddah.

The Role of Cost Controller

Raffles Hotels & Resorts is seeking a Cost Controller to join its team in Jeddah, Saudi Arabia. This full-time position is central to managing and optimizing the organization's financial resources, ensuring efficient cost management across all departments.

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.

Candidate Profile

• A detail-oriented and analytical professional.
• 0-1 year of experience in a relevant financial or cost control capacity.

Work Environment and Culture

This is a full-time position within a luxury hospitality environment. As a Raffles employee, you will be expected to embody and convey the brand and company mindset through its distinctive Heartiest service culture.

Location

The position is based in Jeddah, Saudi Arabia. Raffles Hotels & Resorts operates in both Jeddah and Makkah.