The Cost Controller is responsible for monitoring, analyzing, and controlling costs to ensure the organization operates within approved budgets and achieves maximum profitability. This role involves preparing cost reports, conducting variance analyses, ensuring compliance with company policies, and supporting operational teams in optimizing cost efficiency.

Key Responsibilities

Cost Monitoring & Control

• Track, analyze, and control operational and departmental costs.
• Ensure all costs are allocated correctly and align with company policies.
• Monitor procurement, inventory, and project costs to avoid overruns.

Budgeting & Forecasting

• Assist in the preparation of budgets, forecasts, and long-term financial plans.
• Monitor budget variances and provide explanations with actionable recommendations.
• Support department heads in understanding and managing their budgets.

Reporting & Analysis

• Prepare accurate and timely cost reports, financial analysis, and cost summaries.
• Conduct variance analysis between actual and budgeted costs.
• Identify cost-saving opportunities and recommend improvements.

Internal Controls & Compliance

• Ensure compliance with financial policies, procedures, and internal controls.
• Review and validate supplier invoices, purchase requests, and expense claims.
• Coordinate with internal and external auditors on cost-related matters.

Collaboration & Support

• Work closely with procurement, operations, and finance teams to optimize cost efficiency.
• Provide management with insights to support decision-making.
• Advise on cost implications of new projects, contracts, and invest

Qualifications

• Bachelor’s degree in accounting, Finance, Business Administration, or related field.
• Professional certification (CPA, ACCA, CIMA) is an added advantage.
• 3–5 years’ experience in cost control, financial analysis, or management accounting in hospitality.
• Strong analytical, numerical, and problem-solving skills.
• Proficient in MS Excel and ERP/accounting systems.