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.
Qualifications
- 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
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