Mandarin Oriental Punta Negra, Mallorca is looking for a Cost Controller to join our Finance team.

Are you a master of craft? Do you thrive in a team that succeeds together, demonstrating integrity and respect while acting responsibly? Do you embrace a growth mindset? We invite you to become a fan of the exceptional. 

Mandarin Oriental Hotel Group is the award-winning owner and operator of some of the most luxurious hotels, resorts and residences located in prime destinations around the world, with a strong development pipeline. Increasingly recognised for creating some of the world’s most sought-after properties, the Group provides legendary service inspired by Asian heritage whilst representing the very cutting-edge of luxury experiences.

Set against the stunning backdrop of Puerto Portals, Mandarin Oriental Punta Negra pulses with the vibrant spirit of Mallorca. Here, subtle and emotional luxury seamlessly blend with the island’s natural beauty and energy, offering a place where inspiration flows effortlessly. Celebrate the essence of Mallorca through bespoke experiences, dynamic culinary journeys, and rejuvenating wellness - each designed to immerse you in the island’s vibrant atmosphere and extraordinary offerings.

About the job

Based at the Mandarin Oriental Punta Negra, Mallorca within the Finance Department in Mallorca, the Cost Controller is responsible for monitoring and managing hotel operational costs, ensuring accurate financial reporting and adherence to budget targets. This role collaborates closely with departments such as Food & Beverage, Spa, and Rooms Night Audit to analyse expenses, control inventory, optimize resource allocation, and prepare cost reports that support management decisions and improve overall profitability.

As Cost Controller, you will be responsible for the following duties:

• Supervise and audit inventory movements in F&B, SPA, and other outlets.
• Conduct regular physical inventories and reconcile with system records.
• Analyse cost variances, margins, and consumption by cost centre.
• Prepare daily, weekly, and monthly cost reports.
• Analyse cost of sales, profitability ratios, and budget deviations.
• Collaborate with Finance and Operations on budgeting and forecasting.
• Verify that purchases align with agreed pricing and optimal stock levels.
• Coordinate with the purchasing department to optimize procurement costs.
• Validate invoices and delivery notes against purchase orders and receipts.
• Ensure adherence to internal cost control policies and procedures.
• Implement controls to minimize losses, waste, and fraud.
• Support internal and external audits with relevant documentation.

As Cost Controller we expect from you: 

Experience and education

• Bachelor's degree in finance, Accounting, Business Administration, or related field.
• Previous experience in the hospitality industry, ideally within the Finance or Cost Control department.
• Experience in luxury or five-star hotel environments is highly desirable.
• Solid understanding of hotel operations and interdepartmental processes (F&B, Rooms, Spa, etc.).

Technical Skills

• Strong analytical skills and high attention to detail.
• Proficiency in cost control, budgeting, and variance analysis.
• Advanced Excel skills; experience with financial software or ERP systems is a plus.
• Excellent written and verbal communication skills in both Spanish and English.
• Ability to work in an organized, methodical, and safety-conscious manner.
• Strong interpersonal and collaboration skills to work effectively with operational teams and management.

Our commitment to you

• Learning & Development. Your success is our success. We craft unique learning and development programmes for various stages in your career so that you grow, continuously.
• MOstay. When you work as hard as our colleagues do, it’s important to take time off. As a member of the #MOfamily, you can stay with us wherever you go in the world. The MOstay programme offers complimentary nights and additionally attractive rates on rooms for you and your loved ones.
• Health & Colleague Wellness. Finding the right work-life balance is important. Your wellbeing matters to us. A variety of health benefits and wellness programmes are offered to all our colleagues, globally.

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