Cost Controller
5 months ago
Responsibilities:
Budget Oversight: Develop, implement, and manage comprehensive budgets for various departments within the resort.
Expense Analysis: Monitor daily expenditures, analyze variances, and provide actionable insights to ensure efficient resource allocation.
Vendor Management: Collaborate with suppliers and negotiate favorable terms. Continuously seek cost-saving opportunities without compromising quality.
Financial Reporting: Prepare regular financial reports detailing the resort's financial performance. Present findings to the management team with actionable recommendations.
Inventory Control: Implement and oversee effective inventory management systems to minimize waste and optimize stock levels.
Cross-Department Collaboration: Work closely with department heads to understand their financial needs, provide guidance on budget adherence, and identify areas for cost improvement.
Forecasting: Utilize historical data and industry trends to forecast future expenses, contributing to strategic planning initiatives.
Compliance: Ensure adherence to financial regulations and internal policies, staying abreast of industry standards.
Process Optimization: Identify and implement process improvements to enhance efficiency in financial operations and cost control procedures.
Financial Analysis: Conduct thorough financial analyses to support decision-making processes and present insights to key stakeholders.
**Requirements**:
Bachelor's degree in Finance, Accounting, or a related field.
Proven experience in cost control within the hospitality industry.
Strong analytical and problem-solving skills.
Excellent communication and interpersonal abilities.
Proficiency in financial management software and MS Excel.
Knowledge of hospitality industry trends and cost control best practices.
**Salary**: AED4,000.00 - AED5,000.00 per month
Ability to commute/relocate:
- Dubai: Reliably commute or planning to relocate before starting work (required)
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