Cost Controller

Posted 9 Days Ago
Be an Early Applicant
Marousi, GRC
In-Office
Mid level
Hospitality
The Role
Monitor, analyze, and control hotel costs to ensure profitability. Implement cost-control systems, audit inventory and supplier invoices, manage stock levels, prepare variance reports, collaborate with department heads and procurement, and support forecasting and financial planning.
Summary Generated by Built In

"Ella” means ‘come’ in Greek. A heartfelt invitation to explore, connect, and feel inspired. At Ella Resorts, we open our doors to a world where every moment becomes a cherished memory. We reimagine the art of resort living for the modern lifestyle traveler. Those who seek not just a destination, but a meaningful journey. Our curated collection of beachfront retreats, set across some of the Mediterranean’s most iconic shores, invites you to embrace adventure, unwind in style, and discover the true essence of summer living. 

In order to support our rapid growth we are seeking to hire an experienced Cost Controller.

Position Summary

The Cost Controller is responsible for monitoring, analyzing, and controlling all costs within the hotel to ensure financial efficiency and profitability. This role ensures that costs are aligned with the hotel's financial strategy and budget, optimizing resource utilization while maintaining service quality and guest satisfaction. The Cost Controller will work closely with various departments to drive cost-effective strategies and contribute to the overall success of the hotel.

Main Responsibilities & Accountabilities 
  • Analyze all hotel expenditures to identify cost-saving opportunities without compromising service quality.
  • Implement and maintain cost control systems to track food, beverage, and operational expenses.
  • Work closely with department heads to establish and monitor budget allocations and financial targets.
  • Conduct regular audits of inventory, scheduled (monthly) and unscheduled as per needs, purchase orders, and supplier contracts to ensure cost-effectiveness.
  • Verify supplier invoices against purchase orders and contracts to prevent overbilling or discrepancies.
  • Monitor and control stock levels, ensuring optimal inventory management to minimize waste and losses.
  • Prepare and present detailed cost reports, variance analysis, and financial recommendations to senior management.
  • Ensure compliance with financial policies, procedures, and internal controls.
  • Maintains effective communication with hotel managers and the Head of Cost Controlling.
  • Collaborate with procurement and operational teams to enhance cost efficiency in all hotel operations.
  • Assist in forecasting and financial planning by providing accurate cost data and insights. 

Requirements
  • Bachelor’s degree in Finance, Accounting, or a related field.
  • Minimum of 3-5 years of experience in cost control, preferably in the hospitality industry.
  • Strong knowledge of hotel financial operations, cost structures, and procurement processes.
  • Experience with financial reporting, budgeting, and variance analysis.
  • Proficiency in Excel, financial software, and hotel management systems.
  • Knowledge of relevant accounting standards and regulations
  • Strong analytical and problem-solving skills.
  • High attention to detail and accuracy in financial reporting.
  • Excellent communication and interpersonal skills to collaborate across departments.
  • Strong negotiation skills for dealing with suppliers and vendors.
  • Ability to work under pressure and meet deadlines.
  • Proficiency in financial software and hotel management systems

Benefits
  • Competitive remuneration package
  • Career advancement in a fast-growing organization
  • Continuous learning & development within a transparent & inclusive working environment
  • Collaborative working environment

Ella Resorts are dedicated to providing exceptional guest experiences across its brand and our amazing Team members are at the heart of it.

Join us today to build our future together.

All applications will be acknowledged and treated as strictly confidential.

Skills Required

  • Bachelor's degree in Finance, Accounting, or related field.
  • Minimum of 3-5 years of experience in cost control.
  • Experience in the hospitality industry.
  • Strong knowledge of hotel financial operations, cost structures, and procurement processes.
  • Experience with financial reporting, budgeting, and variance analysis.
  • Proficiency in Excel.
  • Proficiency in financial software.
  • Proficiency in hotel management systems.
  • Knowledge of relevant accounting standards and regulations.
  • Strong analytical and problem-solving skills.
  • High attention to detail and accuracy in financial reporting.
  • Excellent communication and interpersonal skills.
  • Strong negotiation skills for dealing with suppliers and vendors.
  • Ability to work under pressure and meet deadlines.
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