Cost Controller (Saudi National)

At SLS The Red Sea, every detail matters — and every riyal counts. As a Cost Controller, you will play a key role in monitoring costs, controlling inventory, analyzing spending, and ensuring the hotel operates efficiently without compromising the exceptional experiences we create for our guests.

Working closely with Finance, Procurement, F&B, Culinary, and other operational teams, you will provide accurate cost insights, identify opportunities for improvement, and ensure strong financial controls across the hotel.

Key Responsibilities

• Monitor daily costs and expenses across hotel departments, with a strong focus on F&B operations.

• Review and analyze food and beverage costs, consumption, wastage, and inventory movement.

• Conduct and audit regular inventories, stock counts, transfers, and spoilage reports.

• Compare actual costs against budgets and forecasts, investigate variances, and highlight areas requiring action.

• Work closely with Procurement to review purchase prices, purchase orders, and supplier-related cost information.

• Review storeroom procedures, consumption records, and internal transfers to ensure accurate cost allocation and control.

• Coordinate with Culinary and F&B teams on recipe costing, portion control, and menu cost analysis.

• Prepare regular cost reports, including food cost, beverage cost, inventory movement, and other operational cost indicators.

• Identify opportunities to reduce wastage, improve efficiency, and strengthen cost-control practices.

• Support month-end closing activities, including inventory valuation, journal entries, accruals, and reconciliations.

• Maintain accurate and audit-ready cost-control records and supporting documentation.

• Ensure all cost-control activities follow hotel policies, internal controls, and Finance procedures.

• Bachelor’s degree in Accounting, Finance, or a related field.

• Previous experience in Cost Control, Finance, or a similar role, preferably within the hospitality industry.

• Good understanding of cost accounting, inventory control, and F&B operations.

• Experience with hospitality systems such as FMC, Adaco, FutureLog, Materials Control, Sun Systems, Opera, or Micros is an advantage.

• Strong Microsoft Excel and analytical skills.

• Strong English communication skills, both written and verbal.

• Excellent attention to detail and accuracy.

• Strong analytical and problem-solving skills with the ability to identify cost variances and trends.

• Good communication and coordination skills with the ability to work across operational departments.

• Ability to meet deadlines and work effectively in a fast-paced hospitality environment.