Cost Controller
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Key skills for this role
About the Role
The Meydan Hotel is seeking a Cost Controller to manage F&B cost control, inventory, and reporting. The role requires a bachelor's degree in commerce or accounting and 2 years of similar experience in a five-star hotel.
Key Skills for This Role
Responsibilities
- Calculate F&B costs and compare invoices, requisitions, sales to prepare cost vs sales reports
- Verify receiving reports and code corrections
- Daily transfer of sales from Point of Sale System to Inventory System
- Spot checks on purchasing, receiving, storing, issuing functions and bar inventories
- Conduct monthly food & butcher tests to determine yields
- Conduct market surveys
- Prepare recipe costs with Executive Chef and Director of F&B
- Produce monthly F&B costs by outlet
- Participate in half yearly stock take – linen and Operating equipment
- Prepare P&L for major events, Brunch and Race
Requirements
- Bachelor's or master's degree in commerce or accounting
- 2 years in similar position in a five star hotel
- Computer competency in word processing, spreadsheet and database software
- Relevant experience in Store and Receiving section in hospitality field in UAE
- Good knowledge of Accounting and Financial Systems
- Highly organized and proactive
- Presentation skills
- Effective Communication
- Attention to detail
- Problem solving and decision making
- Leadership skills
- Customer focused
Full Job Posting
Job Summary
- Responsible for the controlling, receiving of F&B items and store inventories through timely feedback and reporting on food cost to maximize profitability.
Key Responsibilities
- Calculates F&B costs.
- Compares invoices, requisitions, sales & prepares reports showing cost vs sales.
- Verify Receiving Report and code correction
- Daily transfer of Sales from Point of Sale System to Inventory System
- Spot checks on purchasing, receiving, storing, issuing functions and bar inventories.
- Sales key creation and Inventory System code creation including recipe creation.
- Conducts monthly food & butcher tests to determine yields.
- Alcohol test to determine their strength or compliance with standards.
- Compares menus vs food cost vs sales price.
- Controls portion and minimize wastage and pilferage.
- Conducts market surveys.
- Checks quality of goods received
Skills, Experience & Educational Requirements
- Bachelor’s or master’s degree in commerce or accounting.
- 2 years in similar position in a five star hotel
- Computer competency requiring word processing, spreadsheet and database software knowledge and experience.
- Have relevant experiences in the Store and Receiving section in hospitality field in UAE
- Good knowledge of Accounting and Financial Systems
- Highly organized and proactive and be able to meet deadlines in a fast paced environment
- Presentation skills
- Initiative and Commitment to Achieve
- Effective Communication
- Attention to detail
- Problem solving and decision making
- Leadership skills
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