Manager - Cost Control - Food And Beverage

Job description / Role

Description

At Six Flags & Aquarabia Qiddiya City, the Manager - Cost Control will play a pivotal role in monitoring and managing the financial performance of the organization. This position involves analyzing costs, implementing cost-saving measures, and providing insightful financial guidance to support strategic decision-making. The Manager will work closely with various departments to ensure financial objectives are met while maintaining operational efficiency and profitability.

Requirements

Education: Bachelor’s degree in Finance, Accounting, Business Administration, or a related field. Professional certifications such as CMA or CIMA are preferred.

Experience: 5+ years of experience in cost control, budgeting, or financial analysis, preferably in the entertainment or hospitality sector.

Skills:

• In-depth understanding of cost control methodologies and financial principles.
• Experience with financial analysis, forecasting, and budgeting processes.
• Proficiency in ERP systems and advanced Excel skills for data analysis and reporting.
• Strong analytical and critical thinking skills, with a keen attention to detail.
• Excellent communication and interpersonal skills to collaborate with cross-functional teams.
• Ability to communicate complex financial information in an understandable manner.
• Leadership skills with a focus on mentoring and developing team members.
• Ability to work under pressure and manage multiple priorities effectively.

Languages: Fluent in English; proficiency in Arabic is a plus.

Job Responsibilities

• Develop and maintain cost control systems and processes to monitor and analyze operational expenditures.
• Collaborate with various departments to gather cost data and provide insights for operational improvements.
• Prepare and analyze monthly cost reports, identifying variances, trends, and opportunities for cost savings.
• Establish and monitor budgets, ensuring compliance with financial targets and operational objectives.
• Evaluate project costs and financial performance, providing recommendations for optimizing resource allocation.
• Conduct regular audits of financial data to ensure accuracy and adherence to cost control policies.
• Implement cost-saving initiatives by analyzing expenses and offering actionable recommendations.
• Collaborate with management to define financial strategies and objectives aligned with the organization's mission.
• Provide training and support to staff on cost control practices and financial reporting.
• Foster a culture of financial awareness and responsibility throughout the organization.
• Prepare financial presentations for stakeholders, presenting insights and recommendations for effective decision-making.
• Monitor market trends and benchmark financial performance against industry standards.
• Stay updated with industry developments, financial regulations, and best practices in cost management.
• Other duties as assigned.