Assistant Cost Controller-Finance-Jumeirah Olhahali Island Maldives

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2 Locations
In-Office or Remote
Junior
Angel or VC Firm • Real Estate • Financial Services
The Role
Support finance team by monitoring food, beverage, and operational costs; reconcile inventory and supplier invoices; perform physical counts; prepare cost reports; review menu recipes and standard costing; assist month-end inventory valuation and journal entries; ensure internal controls and documentation; collaborate with purchasing, stores, kitchen, and finance to recommend cost-saving measures.
Summary Generated by Built In

About Jumeirah

Jumeirah, a global leader in luxury hospitality and a member of Dubai Holding, operates a portfolio of 31 exceptional properties across 13 countries in the Middle East, Europe, Asia, and Africa. In 1999, Jumeirah changed the face of luxury hospitality with the opening of the iconic Jumeirah Burj Al Arab and since then the brand has become known for its distinguished beachfront resorts, esteemed city hotels, and exclusive branded residences. Jumeirah is synonymous with Arabian luxury hospitality and the ability to craft distinctive, purposeful experiences for the world’s most discerning travellers.

About Jumeirah Olhahali Island: 

Jumeirah Olhahali Island in the Maldives is a contemporary island retreat set in the crystal-clear waters of the Indian Ocean. Surrounded by natural beauty, the resort features a collection of beach and over-water villas blending modern design with Maldivian charm. Guests can enjoy curated wellness experiences, diverse dining options with ocean views, and a wide range of leisure activities, including water sports, a fitness centre, and an infinity pool.
 

About the Job:

An exciting opportunity has arisen for an Assistant Cost Controller to join the Finance team in Jumeirah Olhahali Island. 

The main duties and responsibilities of this role include:

  • Assist in monitoring and controlling food, beverage, and operational costs.
  • Verify and process supplier invoices, ensuring accuracy and compliance with company policies.
  • Reconcile daily inventory transactions, including receipts, issues, transfers, and stock adjustments.
  • Conduct regular physical inventory counts and investigate stock variances.
  • Prepare daily, weekly, and monthly cost control reports for management.
  • Ensure all purchases and inventory movements are properly recorded in the accounting system.
  • Review menu recipes and standard costing to maintain accurate food and beverage costs.
  • Coordinate with the Purchasing, Receiving, Stores, Kitchen, and Finance teams to ensure effective inventory control.
  • Monitor wastage, spoilage, and stock usage, and recommend cost-saving initiatives.
  • Support month-end closing activities, including inventory valuation and cost-related journal entries.
  • Ensure compliance with internal controls, company policies, and audit requirements.
  • Maintain accurate documentation and filing of all cost control records.
  • Assist in implementing process improvements to enhance operational efficiency and cost management.
  • Perform other duties assigned by the Cost Controller or Finance Manager.

About You:

The ideal candidate for this position will have the following experience and qualifications:

  • Diploma or bachelor's degree in accounting, finance, hospitality management, or a related field.
  • 1–3 years of experience in cost control, inventory, or finance, preferably in the hospitality industry.
  • Knowledge of inventory management and cost accounting principles.
  • Proficiency in Microsoft Excel and ERP/POS systems.
  • Strong analytical, organizational, and problem-solving skills.
  • Excellent attention to detail and accuracy.
  • Good communication and interpersonal skills.
  • Ability to work under pressure and meet deadlines.

About the Benefits:

At Jumeirah, we are dedicated to fostering a vibrant community where colleagues feel valued, supported, and inspired to grow. Our benefits package reflects this commitment by offering excellent accommodation, extensive sports and leisure facilities, alongside comprehensive healthcare, and opportunities for professional development.

Benefits include:

  • Supportive and inclusive work environment
  • Access to Learning & Development programmes and clear career pathways
  • Opportunities for internal mobility within our global network
  • Colleague discounts on food, beverage, and hotel stays worldwide
  • Company-provided shared accommodation
  • Comprehensive healthcare and life insurance coverage
  • Paid annual leave and flight from your home country
  • Meals and Laundry services
  • Rest and Relax vacation

Skills Required

  • Diploma or Bachelor's degree in accounting, finance, hospitality management, or related field.
  • 1-3 years experience in cost control, inventory, or finance.
  • Experience in the hospitality industry.
  • Knowledge of inventory management and cost accounting principles.
  • Proficiency in Microsoft Excel.
  • Experience with ERP and POS systems.
  • Strong analytical, organizational, and problem-solving skills.
  • Excellent attention to detail and accuracy.
  • Good communication and interpersonal skills.
  • Ability to work under pressure and meet deadlines.

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The Company
HQ: Dubai, Dubai
14,350 Employees

What We Do

Dubai Holding is a diversified global investment company that continues to power Dubai’s growth across 10 key sectors, including real estate, hospitality, leisure & entertainment, media, ICT, design, education, retail, manufacturing & logistics and science. Since 2004, we have made strides with an effective strategy aimed at supporting an innovation-driven, knowledge-based economy. This is in line with Dubai’s long-term ambition of becoming a leading global hub for business and tourism. Follow our journey as we invest in making a lasting impact on Dubai, its people and our economy #ForTheGoodofTomorrow .

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