Cost Controller

Mövenpick Hotels & Resorts, a distinguished 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 caters to a diverse clientele including business travelers, families, and couples seeking memorable experiences. Committed to comfort, innovation, and exceptional service, Mövenpick continues to set high standards in the hospitality industry.

Key Responsibilities
The Cost Controller plays a vital role in overseeing and managing project or operational costs to ensure they remain within approved budgets. This position involves developing and maintaining cost control systems and procedures to monitor budgets, expenditures, and forecasts effectively. The Cost Controller is responsible for tracking, reviewing, and validating all project or departmental expenses to confirm alignment with financial plans. Preparing detailed cost analysis reports and identifying areas for potential savings or concerns is essential.

Additionally, the role requires monitoring cost variations and recommending corrective actions when necessary. Reviewing purchase requests, quotations, and vendor invoices to ensure accuracy and compliance with company policies is a key duty. Maintaining up-to-date records of project budgets, commitments, and actual expenditures is critical for transparency and control.

The Cost Controller will coordinate closely with Procurement, Finance, and Operations teams to gather cost-related data and ensure timely reporting. Supporting the preparation of monthly, quarterly, and annual financial and cost performance reports is also part of the role. Furthermore, assisting in project estimation, tendering, and budget preparation processes is expected. Analyzing cost trends and suggesting process improvements to optimize costs will contribute to the company’s financial health.

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 meticulous attention to detail are essential for success in this role.

Proficiency in MS Excel and ERP systems such as SAP, Oracle, or similar platforms is necessary. A solid understanding of budgeting, forecasting, and financial reporting principles is expected. Excellent communication and coordination skills are important to effectively collaborate with various departments and stakeholders.

Job Details
- Job Category: Finance
- Job Type: Permanent
- Job Schedule: Full-Time

This position offers the opportunity to contribute significantly to cost management and financial accuracy within a globally respected hospitality brand, supporting sustainable growth and operational excellence.