Cost Controller – Luxury Hotel (Umluj)

About the role

Fairmont The Red Sea is seeking a detail‑oriented Cost Controller to join its finance team in Umluj, Saudi Arabia. You will manage and control costs across multiple departments, ensure accurate financial reporting, and support strategic decision‑making through comprehensive cost analysis.

Key responsibilities

• Monitor and analyze departmental costs and expenditures to identify variances and trends.
• Prepare and maintain detailed cost budgets and forecasts for assigned departments.
• Conduct variance analysis and provide explanations for budget deviations to management.
• Reconcile cost accounts and ensure accuracy of financial records and reports.
• Develop and implement cost control procedures and best practices across departments.
• Generate regular cost reports and financial statements for internal stakeholders.
• Collaborate with department heads to develop cost‑reduction initiatives and efficiency improvements.
• Maintain compliance with company financial policies and accounting standards.

Required profile

• 3‑5 years of professional experience in cost accounting, financial control or a related finance role, preferably in hospitality.
• Strong analytical and problem‑solving abilities with attention to detail.
• Excellent organizational and time‑management skills.
• Ability to work independently and collaboratively within a team.

Required skills

• Advanced Microsoft Excel.
• Proficiency with accounting software and ERP systems (e.g., SAP).
• Variance analysis and forecasting methodologies.
• Cost accounting principles and financial analysis.
• Process improvement and cost‑optimization initiatives.