Finance Executive (Cost Controls Executive)
Core
Develop, implement, and manage comprehensive cost control strategies to drive operational efficiency and financial performance for a hospitality organization.
Role type
Senior Finance Executive (Cost Controls)
Builds
Cost control policies, financial dashboards, and process improvement initiatives
Domain
Hospitality / Cost Accounting
Deliverable
dashboards & analysis
Required skills
Cost accounting, variance analysis, financial modeling, budgeting, forecasting, ERP systems, Advanced Excel, process optimization, regulatory compliance
Preferred skills
Business intelligence tools, data visualization, Lean/Six Sigma, manufacturing/operations/supply chain cost management
Responsibilities
Develop and implement cost control policies and frameworks; Conduct cost and variance analysis to identify budget deviations; Monitor operational expenses, capital expenditures, and overhead; Prepare cost reports and financial dashboards for senior management; Identify and evaluate cost reduction opportunities through process improvement; Collaborate with department heads to establish budgets and cost targets; Analyze spending trends and provide recommendations for optimization; Ensure compliance with financial controls and regulatory requirements; Lead cost control projects to achieve targeted savings; Maintain cost accounting records; Participate in budget planning and cost forecasting; Communicate findings to stakeholders via presentations and reports.