Cost Controller

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.Company Description • 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.