Cost Controller

Join the Millennium Hotel & Convention Centre Kuwait as a Cost Controller, where you will play a vital role in monitoring and optimizing the hotel’s operational costs. This full-time position is essential for ensuring financial efficiency and effective cost management within our dynamic environment.

Key Job Responsibilities

• Cost Monitoring: Analyze daily operational costs, identify variances and trends to provide insights for decision-making.
• Budget Collaboration: Work closely with department heads to track, manage, and optimize departmental budgets.
• Cost Control Implementation: Assist in developing cost control measures while maintaining high service and quality standards.
• Inventory Oversight: Manage and control inventory processes, conducting regular audits to minimize losses and waste.
• Record Keeping: Prepare and maintain accurate expense records, ensuring compliance with accounting standards.
• Cost Reporting: Generate regular cost reports and analyses for management review, highlighting opportunities for savings.
• Financial Compliance: Ensure adherence to financial regulations and company policies related to cost control.
• Supplier Management: Collaborate with procurement teams to negotiate favorable terms and monitor vendor performance.
• Discrepancy Resolution: Address and resolve billing and payment discrepancies with suppliers.
• Training and Guidance: Provide guidance and training to colleagues in best cost control practices.
• Financial Collaboration: Work with the finance team to integrate cost data into financial analysis and reporting.
• Health and Safety Compliance: Operate in a manner that prioritizes health, safety, and environmental conservation, adhering to hotel policies.

Qualifications

• Education: Bachelor’s degree in finance, accounting, or a related field.
• Experience: Previous experience in cost control, financial analysis, or accounting within the hospitality industry is preferred.
• Skills: Strong analytical skills with a keen attention to detail; proficient in financial software and Microsoft Office Suite.
• Communication: Excellent verbal and written communication skills in English; knowledge of Arabic is a plus.
• Team Player: Ability to collaborate effectively with cross-functional teams and convey cost control objectives.

Benefits

• Job Type: Full-time position with opportunities for career growth within the hospitality industry.
• Work Environment: Join a supportive team in a reputable hotel that values professional development and employee well-being.

Application Instructions

If you are interested in this position, please apply directly through the company’s careers page or submit your CV and cover letter detailing your qualifications and experience.

APPLY HERE