At a Glance
- Tasks: Implement cost control procedures and analyse financial data for a luxury hotel.
- Company: Cambridge House, a historic luxury hotel reimagining in Mayfair.
- Benefits: Competitive salary, dynamic work environment, and opportunities for professional growth.
- Other info: Be part of a vibrant pre-opening phase with excellent career development opportunities.
- Why this job: Join a prestigious team and shape the financial foundation of a world-class hotel.
- Qualifications: Experience in finance roles within luxury hospitality and strong analytical skills.
The predicted salary is between 40000 - 50000 £ per year.
Since 1756, Cambridge House has been the home where the Great and the Glorious gather. The storied Mayfair townhouse reawakens in 2026. The centuries old landmark will be the capital’s most magnetic and vibrant gathering place and experience-driven luxury hotel. The imaginative renewal of this historic property at 94 Piccadilly will capture the spirit of London like no other, providing a captivating new Mayfair destination for Londoners and international visitors alike.
As Cost Controller at Cambridge House, you will bring a meticulous and commercially minded attitude to our Finance team during this exciting pre-opening phase, and beyond. This is an opportunity to play a key role in establishing robust financial controls, supporting operational excellence, and helping shape the foundations of a world-class hotel from the very beginning. You will be passionate about accuracy, enjoy building strong relationships across departments, and take pride in delivering meaningful financial insights that support operational excellence.
Key Responsibilities- Support the successful pre-opening of Cambridge House by implementing and maintaining effective cost control procedures across all operational departments.
- Monitor operating supply costs, ensuring expenditure remains aligned with budgetary expectations and business objectives.
- Conduct daily, weekly, and monthly cost analysis, identifying trends, variances, and opportunities for improvement.
- Prepare accurate cost reports and management information for the Finance team and departmental stakeholders.
- Review purchasing activity, inventory movements, and supplier invoices to ensure accuracy, compliance, and value.
- Work closely with the broader Cambridge House teams to maintain strong inventory controls, minimise waste, and report any discrepancies.
- Support the selection and implementation of inventory management processes and systems during the pre-opening period.
- Monitor and analyse operating margins, providing recommendations to enhance profitability while maintaining luxury service standards.
- Assist with month-end closing activities, including stock valuations, accruals, and cost reconciliations.
- Maintain accurate records and documentation in accordance with company policies and audit requirements.
- Contribute to the development of financial policies, procedures, and best practices that support the long-term success of Cambridge House.
- Build positive working relationships with team members across the hotel, promoting collaboration and shared accountability.
- Support a culture of continuous improvement by identifying opportunities to enhance efficiency, controls, and operational performance.
- Previous experience as a Cost Controller, Cost Analyst, or in a similar finance role within a luxury hotel, high-end hospitality environment, or premium food and beverage operation.
- Strong understanding of cost control principles, inventory management, purchasing processes, and financial reporting.
- Experience working with a range of hotel financial systems and inventory management platforms.
- Excellent analytical skills with strong attention to detail and accuracy.
- Commercially aware with the ability to interpret financial data and translate findings into meaningful recommendations.
- Strong interpersonal and communication skills, with the ability to build effective relationships across departments.
- High levels of integrity, discretion, and professionalism.
Auberge Collection is a portfolio of extraordinary hotels, resorts, residences and private clubs. While each property is unique, all share a crafted approach to luxury and bring the soul of the locale to life through captivating design, exceptional cuisine, innovative wellbeing, and gracious yet unobtrusive service.
Cost Controller in City of Westminster employer: Cambridge House
Cambridge-House in the City of Westminster is an exceptional employer, offering a vibrant work culture that prioritises employee wellbeing and growth. As a Luxury Spa Operations Lead, you will have the unique opportunity to shape a tranquil guest experience while being part of a supportive team dedicated to excellence in wellness. With a focus on professional development and a commitment to the Auberge 'Joy of Wellbeing' philosophy, this role promises a rewarding career in a prestigious location.
StudySmarter Expert Advice🤫
We think this is how you could land Cost Controller in City of Westminster
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Cambridge House. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Cost Controller in City of Westminster
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Cambridge House.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Cambridge House's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Cambridge House
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Cambridge House.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Cambridge House will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Cambridge House employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.