Cost Controller (Saudi National Talent) - Finance - Jumeirah The Red Sea
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About Jumeirah
Jumeirah, a global leader in luxury hospitality and a member of Dubai Holding, operates an exceptional portfolio of 29 properties across 11 countries in the Middle East, Europe, and Asia. In 1999, Jumeirah changed the face of luxury hospitality with the opening of the iconic Jumeirah Burj Al Arab and the brand is now renowned worldwide for its distinguished beachfront resorts, esteemed city hotels and exclusive residences. From the contemporary Maldivian island paradise at Jumeirah Olhahali Island to the art-inspired Jumeirah Capri Palace in Italy and the modern twist on a British classic at Jumeirah Carlton Tower in London, the brand has become synonymous with warm and generous service and the ability to craft distinctive and purposeful experiences that bring joy to guests from across the world.
About the Job
An exciting opportunity has arisen for a Cost Controller (Saudi National Talent) - Finance to join Jumeirah The Red Sea.
The main duties and responsibilities of this role include:
- Create and look at the hotelās budget, ensuring all departments adhere to their allocated funds. Monitor budget performance and report any variances, providing recommendations for corrective actions.
- Perform regular cost analysis to identify areas of potential savings and cost reduction opportunities. Analyze financial data to detect trends, discrepancies, and inefficiencies.
- Supervise inventory management processes, including stock levels, reordering, and conducting regular inventory audits to ensure accuracy and prevent losses.
- Monitor all hotel expenses, ensuring they are necessary, justified, and within the approved budget. Verify the accuracy and legitimacy of invoices and expense reports.
- Compile and present detailed cost reports, financial statements, and other relevant documentation to management, ensuring timely and accurate financial reporting.
- Establish, implement, and monitor internal control procedures to safeguard the hotelās assets and ensure compliance with financial policies.
About You
The ideal candidate for this position will have the following experience and qualifications:
- Hold a Bachelorās degree in accounting, Finance, Business Administration, or a related field.
- Have 3-5 years of experience in accounting or financial management, preferably within the hospitality industry.
- Possess problem solving abilities.
- Demonstrate Software competencies
- Microsoft Office programs (Intermediate).
- Show attention to details skills.
About the Benefits
At Jumeirah, we are dedicated to fostering a workplace where colleagues feel valued, supported, and inspired to grow. Our benefits package reflects this commitment by combining rewarding financial incentives, comprehensive healthcare, and opportunities for professional development.
Benefits include:
- Supportive and inclusive work environment
- Access to Learning & Development programmes and clear career pathways
- Opportunities for internal mobility within our global network
- Colleague discounts on food, beverage, and hotel stays worldwide
- Health care and insurance benefits
- Locally competitive salary and incentive structure
- Locally relevant benefits as determined by the property
Requirements
- ā¢Bachelorās degree in accounting, Finance, Business Administration, or a related field
- ā¢3-5 years of experience in accounting or financial management
- ā¢Experience in the hospitality industry preferred
- ā¢Problem-solving abilities
- ā¢Intermediate proficiency in Microsoft Office programs
- ā¢Attention to detail skills
Responsibilities
- ā¢Create and monitor the hotelās budget, ensuring departmental adherence to allocated funds
- ā¢Report budget variances and provide recommendations for corrective actions
- ā¢Perform regular cost analysis to identify savings and reduction opportunities
- ā¢Analyze financial data to detect trends, discrepancies, and inefficiencies
- ā¢Supervise inventory management processes, stock levels, and reordering
- ā¢Conduct regular inventory audits to ensure accuracy and prevent losses
- ā¢Monitor all hotel expenses for necessity and budget compliance
- ā¢Verify the accuracy and legitimacy of invoices and expense reports
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Jumeirah Group is a luxury hotel company based in Dubai. It operates a portfolio of hotels and resorts worldwide, known for its iconic properties.
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