Company Description
Welcome to SLS The Red Sea, where bold creativity and unapologetic luxury come to life.
Part of Ennismore’s globally celebrated lifestyle portfolio, SLS Hotels are known for redefining hospitality through striking design, elevated service, and magnetic social energy. Now open on the Red Sea coast, SLS The Red Sea stands as one of Saudi Arabia’s most exciting lifestyle destinations.
The resort features 150 impeccably designed keys, five dynamic Food & Beverage venues, and a luxurious spa sanctuary, offering guests a seamless blend of indulgence, entertainment, and escape. From vibrant dining experiences to moments of pure relaxation, every detail is crafted to surprise, inspire, and connect.
More than a hotel, SLS The Red Sea is a living stage—a place where creativity thrives, individuality is celebrated, and bold ideas are encouraged. As the journey continues beyond opening, we are building a passionate team to shape the future of this iconic destination. If you’re driven by excellence, energized by lifestyle hospitality, and ready to be part of something extraordinary, this is where your story continues.
Job Description
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
Qualifications
- Bachelor’s degree in Accounting, Finance, or a related field
- Minimum 3 years of experience in cost control or finance within a luxury or lifestyle hospitality environment
- Strong knowledge of cost accounting principles, inventory systems, and hotel operations, particularly within F&B
- Experience with financial and inventory systems such as Birchstreet, Materials Control, or similar
- Familiarity with Opera and Micros systems is highly advantageous
- Advanced Excel skills with strong analytical and reporting capabilities
- High attention to detail with a proactive and investigative mindset
- Strong communication and interpersonal skills with the ability to collaborate across multiple departments
- Ability to translate data into actionable insights that drive both operational and financial performance
- Fluent in English and Arabic
- Ability to thrive in a fast-paced, pre-opening environment with evolving priorities
