At SLS The Red Sea, we don’t just deliver luxury, we redefine it—and every detail comes with a cost that must be mastered. As Cost Controller, you are the driving force behind financial precision, ensuring that creativity and indulgence are balanced with control and accountability. This role goes beyond numbers; it’s about shaping smarter decisions, uncovering efficiencies, and ensuring every riyal spent delivers maximum value without compromising the bold, design-led SLS experience.
Key Responsibilities
- Monitor and control daily operational costs across all departments, with a strong focus on F&B, spa, retail, and guest experiences
- Conduct detailed cost analysis, tracking food and beverage costs, consumption patterns, and inventory movements
- Lead inventory management processes including stock takes, audits, and variance analysis to ensure accuracy and accountability
- Compare actual costs against budgets and forecasts, identifying variances and providing clear, actionable insights
- Collaborate with Purchasing to validate pricing, purchase orders, and supplier agreements to ensure value and quality
- Partner with Culinary and F&B teams to support menu engineering, recipe costing, and portion control
- Review invoices, transfers, and storeroom procedures to ensure compliance with internal controls and company standards
- Prepare timely and insightful reports on key cost metrics, including food cost %, beverage cost %, and cost per cover
- Support month-end closing activities including inventory valuation, accruals, reconciliations, and financial reporting
- Identify inefficiencies, wastage, and cost-saving opportunities while maintaining brand standards and guest experience
- Drive awareness of cost control practices across departments, promoting accountability and operational discipline
- Ensure all cost control processes comply with company policies, audit requirements, and local regulations