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Cost Controller
AccorHotel · Makkah
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Job description
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Develop and implement cost control systems and procedures to monitor expenses and identify areas for improvement
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Analyze financial data, prepare detailed cost reports, and provide insights to management for decision-making
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Conduct regular inventory counts and reconciliations to maintain accurate stock levels
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Monitor and report on budget variances, recommending corrective actions when necessary
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Collaborate with department heads to develop and manage departmental budgets
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Ensure compliance with company policies, accounting standards, and local regulations
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Prepare and review monthly, quarterly, and annual financial statements
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Assist in the development and implementation of cost-saving initiatives
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Maintain accurate and up-to-date financial records and documentation
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Participate in forecasting and long-term financial planning processes
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Conduct cost-benefit analyses for proposed projects or investments
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Provide training and guidance to staff on cost control procedures and best practices
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Bachelor's degree in Accounting, Finance, or a related field (Diploma in a relevant field may be considered with extensive experience)
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Proven experience in cost control, financial management, or a similar role
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Strong knowledge of accounting principles, practices, and financial analysis
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Proficiency in Microsoft Office suite, particularly Excel
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Experience with financial management software and inventory systems (e.g., Futurelog, Opera)
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Excellent analytical and problem-solving skills
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Strong attention to detail and high level of accuracy
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Outstanding organizational and time management abilities
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Effective oral and written communication skills
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Ability to work independently and collaboratively in a fast-paced environment
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Familiarity with Saudi Arabian financial regulations and practices (preferred)
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Professional certification such as CMA or CIMA (preferred)
experience is an asset
Prior experience working with Opera or a related system
Fluency in English, additional languages are a plus
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