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Home/Jobs/Cost Controller
AccorHotel logo
AccorHotel

Cost Controller

🇸🇦 Makkah, Saudi Arabia🏢 On-site
Cost ControlFinancial AnalysisAccountingExcelOperaInventory ManagementBudgeting

At a Glance

Category
🏦 Finance & Banking
Level
Mid-Level
Type
Full-time
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Company Description

"Why work for Accor?

We are far more than a worldwide leader. We welcome you as you are and you can find a job and brand that matches your personality. We support you to grow and learn every day, making sure that work brings purpose to your life, so that during your journey with us, you can continue to explore Accor’s limitless possibilities.

By joining Accor, every chapter of your story is yours to write and together we can imagine tomorrow's hospitality. Discover the life that awaits you at Accor, visit https://careers.accor.com/

Do what you love, care for the world, dare to challenge the status quo! #BELIMITLESS

Job Description

  • 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

Qualifications

  • Bachelor's degree in Accounting, Finance, or a related field (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 (e.g., Futurelog, Opera)
  • Excellent analytical and problem-solving skills
  • Strong attention to detail and 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
  • Familiarity with Saudi Arabian financial regulations and practices (preferred)
  • Professional certification such as CMA or CIMA (preferred)

Additional Information

experience is an asset

Prior experience working with Opera or a related system

Fluency in English, additional languages are a plus

Requirements

  • •Bachelor's degree in Accounting, Finance, or related field (Diploma with extensive experience considered)
  • •Proven experience in cost control or financial management
  • •Strong knowledge of accounting principles and financial analysis
  • •Proficiency in Microsoft Office suite, particularly Excel
  • •Experience with financial management software and inventory systems
  • •Excellent analytical and problem-solving skills
  • •Strong attention to detail and high level of accuracy
  • •Outstanding organizational and time management abilities

Nice to Have

  • •Familiarity with Saudi Arabian financial regulations and practices
  • •Professional certification such as CMA or CIMA
  • •Prior experience working with Opera or a related system
  • •Fluency in additional languages

Responsibilities

  • •Develop and implement cost control systems and procedures
  • •Analyze financial data and prepare detailed cost reports
  • •Conduct regular inventory counts and reconciliations
  • •Monitor and report on budget variances and recommend corrective actions
  • •Collaborate with department heads to manage departmental budgets
  • •Ensure compliance with company policies and local regulations
  • •Prepare and review monthly, quarterly, and annual financial statements
  • •Assist in cost-saving initiatives and long-term financial planning

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