Cost Controller

Mövenpick Hotels & Resorts, a prestigious Swiss hospitality brand established in 1948, is renowned for its upscale hotels and resorts that combine Swiss precision, modern design, and genuine warmth. With over 100 locations worldwide, the brand serves a diverse clientele including business travelers, families, and couples seeking memorable experiences. Committed to excellence and innovation, Mövenpick continues to deliver exceptional comfort and service across its global properties.

Key Responsibilities

The Cost Controller will play a crucial role in overseeing and managing project or operational costs to ensure they remain within approved budgets. This includes developing and maintaining cost control systems and procedures to monitor budgets, expenditures, and forecasts effectively. The role requires tracking, reviewing, and validating all project or departmental expenses to confirm alignment with budgetary constraints. Preparing detailed cost analysis reports, identifying areas of concern or potential savings, and recommending corrective actions when cost variations occur are essential duties.

The Cost Controller will also review purchase requests, quotations, and vendor invoices to ensure accuracy and compliance with company policies. Maintaining an up-to-date record of project budgets, commitments, and actual expenditures is critical. Collaboration with Procurement, Finance, and Operations teams is necessary to gather cost-related data and ensure timely reporting. Supporting the preparation of monthly, quarterly, and annual financial and cost performance reports is part of the role, along with assisting in project estimation, tendering, and budget preparation processes. Analyzing cost trends and recommending process improvements for cost optimization will contribute to the overall financial health of the projects and operations.

Required Qualifications

Candidates should hold a Bachelor’s degree in Finance, Accounting, Commerce, Engineering, or a related discipline. A minimum of 5 to 7 years of relevant experience in cost control is required, preferably within the hospitality, construction, or manufacturing sectors. Strong analytical and numerical skills with a keen eye for detail are essential. Proficiency in MS Excel and ERP systems such as SAP, Oracle, or similar platforms is expected. Additionally, candidates must have a solid understanding of budgeting, forecasting, and financial reporting principles. Excellent communication and coordination abilities are necessary to work effectively across multiple departments.

Location

This position is based at Mövenpick Centaurus Islamabad, Islamabad, Pakistan.