Cost Controller Faro

Cost Controller
Faro
Faro, Faro District, Portugal

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“Working with Domes is like being part of a family, it’s like coming home. ”

Are you ready to become a member of one of the
- paced hospitality Groups? Do you want to be part of a growing Finance team?

At the Domes Resorts, as we expand with new Resort openings on an almost annual basis, our main goal is to create a unique environment for both our guests and our people.

By joining the Domes corporate & regional teams, you instantly play a vital role in our development, by assuming a position that will set you apart from the competition and allow you to develop meaningful relationships and grow personally and professionally, in a safe, strong, and sustainable environment.

Are you a passionate and experienced Cost Controller looking for a new challenge in the hospitality industry? Join our dynamic team at Domes Resorts and play a key role in managing warehouse costs, monitoring expenses, and ensuring financial efficiency. This role focuses on accurately entering and analyzing financial data to support cost control and budget management. As a Cost Controller, it is expected to deliver measurable results and contribute significantly to our business objectives. Success will be measured by:

• Optimized Cost Efficiency & Budget Compliance.
• Accurately record all supplier and vendor invoices related to food & beverage, housekeeping, maintenance, and other
  - related costs, ensuring correctness in amounts, dates, purchase order numbers, and supplier details.
• Cross-verify invoices against purchase orders, receiving reports, and supplier agreements to ensure alignment with contracted prices, quantities, and quality standards.
• Monitor expenses, ensuring costs remain within budget and align with financial forecasts.
• Identify and investigate cost variances by comparing actual expenses to budgeted figures, providing insights and recommendations to management for corrective actions.
• Work closely with suppliers to negotiate better pricing, payment terms, and contract adjustments to maximize cost savings.
• Generate periodic reports on departmental costs, food & beverage expenses, operational expenditures, and budget performance for senior management review.
• Track and input monthly and annual inventory data, ensuring accurate stock valuation for food, beverages, linen, and amenities.
• Ensure financial records comply with industry regulations, accounting standards, and internal audit requirements.
• Identify inefficiencies in procurement, invoicing, and cost control processes, suggesting improvements to enhance operational efficiency and financial accuracy.
• Provide
  - related insights that help optimize pricing strategies, enhance profit margins, and improve overall financial performance in operations.
• Process Improvement & Operational Impact
• Enhance both personal and team knowledge and skills to stay relevant and up to date with changing trends and directions in your function.
• Prepare yourself and your team for additional responsibilities and potential roles within DOMES Resorts.

Requirements

• 3+ years in Cost control, financial analysis, or supply chain management background is highly beneficial.
• A degree in Accounting, Finance, Business Administration, or a closely related field is required.
• Excellent written and verbal communication skills with a strong command of the English language. Portuguese is a plus but not required.
• Strong understanding of cost control principles and budgeting.
• Advanced Excel skills (pivot tables, VLOOKUP, macros).
• Ability to identify
  - saving opportunities.
• Ability to translate complex data into actionable insights.
• Strong interpersonal skills to collaborate with finance, procurement, and operations teams.

If you are a
- motivated individual with a passion for Cost Control & Finance and a desire to make a significant impact in the hospitality industry, we want to hear from you. Be part of an exciting journey to
- grow at Domes Resorts.

To apply, please submit your resume and cover letter. Only shortlisted candidates will be contacted for an interview.

We thank you for your interest in joining our team.

Domes Resorts is an equal opportunity Employer.

All applications will be treated in strict confidentiality.