Cost Controller

Description

**Additional Information** **Job Number**26105678 **Job Category**Finance \& Accounting **Location**Calle Maria Zambrano 2, Tenerife, Tenerife, Spain, 38687 **Schedule**Full Time **Located Remotely?**N **Position Type** Management **JOB SUMMARY** This position leads and implements property/hotel-level strategies that deliver products and services to meet or exceed the brand's target customer and on-property employee needs and expectations. It also provides the necessary financial expertise to successfully implement the brand's service strategy and initiatives while maximizing return on investment. **CANDIDATE PROFILE** **Education and Experience** * Bachelor's degree in Finance and Accounting or a related field, completed over four years. **PRIMARY RESPONSIBILITIES** **Supporting Strategic Planning and Decision-Making** * Analyze financial data and market trends. * Collaborate on information analysis, sales versus expense forecasting, and annual budget planning. * Collect, analyze, and monitor actual sales against projected sales. * Collaborate on developing methods to improve profitability, including cost-benefit estimation, exploring new business opportunities, etc. * Analyze variances between actual and budgeted payroll costs to enable more efficient budget planning. * Think creatively and practically to develop, execute, and implement new business plans. * Protect and strengthen the company’s competitive advantage by promoting and supporting sound business and financial decision-making. * Implement an appropriate system of controls to manage business risks. **Leading Accounting Teams** * Use interpersonal and communication skills to lead, influence, and motivate others; promote sound business and financial decision-making; demonstrate honesty and integrity; and lead by example. * Clearly and accurately communicate owners’ goals and priorities to subordinates. * Provide exceptional leadership by assigning clear responsibilities to team members and department heads across other departments, supported by appropriate authority. * Hold staff accountable for successful achievement of results and expected performance. **Developing and Maintaining Financial and Accounting Objectives** * Support the property’s strategy from a financial and accounting perspective. * Deliver reports timely, ensuring adherence to deadlines. * Ensure profit-and-loss (P\&L) accounts are accurately documented. * Achieve and exceed performance-related objectives, including budget, team, etc. * Ensure timely corrections are made following audit findings when required. * Review audit findings to ensure their accuracy. **Managing Projects and Policies** * Oversee all applicable taxes, ensuring they remain current, are collected and/or properly accounted for. * Generate and provide accurate and timely results in the form of reports, presentations, etc. * Ensure compliance with Standard Operating Procedures (SOPs) and Local Standard Operating Procedures (LSOPs). * Supervise internal, external, and regulatory audit processes. * Ensure compliance with Standard Operating Procedures (SOPs). * Ensure the profit-and-loss (P\&L) statement is accurate (e.g., costs correctly matched to revenues and recorded in appropriate accounts). **Anticipating and Responding to Key Stakeholder Needs** * Understand and meet the needs of key stakeholders (owners, corporation, guests, etc.). * Understand owners’ perspectives and their return-on-investment (ROI) expectations. * Anticipate and address owners’ needs by involving them in key decisions. * Leverage strong functional leadership and communication capabilities to influence the Executive Committee, property strategies, and lead one’s own team. * Advise the General Manager (GM) and Executive Committee on current and emerging operational and financial matters. * Facilitate review meetings to analyze information with the leadership team. * Attend meetings with owners to provide context and explanation of financial results. * Participate in meetings and communicate with owners, understanding their priorities and strategic focus. * Demonstrate commitment to meeting the needs of all key stakeholders. * Communicate financial concepts clearly, persuasively, accessibly, and in ways that drive desired behaviors. **Human Resources Management and Development** * Ensure team members receive cross-training to support daily operational success. * Ensure property policies are administered fairly and consistently. * Ensure new hires participate in the department’s orientation program. * Ensure new employees receive appropriate training to perform their jobs successfully. * Create suitable development plans for team members based on individual strengths, development needs, career aspirations, and capabilities. *At Marriott International, we are committed to offering equal opportunities, making everyone feel welcome, and facilitating access to employment opportunities. We actively foster an environment where the diversity of our associates’ backgrounds is valued and celebrated. Our greatest strength lies in the exquisite blend of cultures, talents, and experiences of our associates. We commit to not discriminating on the basis of disability, veteran status, or any other characteristic protected by applicable law.* With more than 100 award-winning hotels worldwide, The Ritz\-Carlton ladies and gentlemen create such exceptional experiences that guests remember long after they have departed. We aim to attract the world’s finest hospitality professionals to create lasting memories, as we believe everyone succeeds when empowered to be creative, kind, and compassionate. Every day, we set the global standard for exceptional, personalized luxury service and take pride in delivering excellence in guest care and comfort. Your role will be to ensure The Ritz\-Carlton’s “Gold Standards” are upheld with kindness and attention every day. The Gold Standards form the foundation of The Ritz\-Carlton, guiding us to make each day better than the last. Thanks to this foundation—and our belief that culture drives success—The Ritz\-Carlton has earned its reputation as the world’s leading luxury hotel brand. As part of the team, you will learn and apply the Gold Standards, including the Employee Promise, Credo, and Service Values. Additionally, we promise you the opportunity to take pride in your work and your team. By joining The Ritz\-Carlton, you join a portfolio of brands under Marriott International. **You’ll be** where you can do your best work, **you’ll start** fulfilling your purpose, **you’ll be part of** an incredible global team, and **you’ll become** the best version of yourself.