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 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
- Conduct monthly food & butcher tests and alcohol tests
- Conduct market surveys and check quality of goods received
- Prepare recipe costs with Executive Chef and Director of F&B
- Monitor FOC and rebates from suppliers
- Produce monthly F&B costs by outlet
- Conduct monthly spot checks of F&B Outlets
- 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 with word processing, spreadsheet and database software
- Experience in Store and Receiving section in hospitality field in UAE
- Good knowledge of Accounting and Financial Systems
- Highly organized and proactive, able to meet deadlines
- Presentation skills
- Effective communication
- Leadership skills
- Customer focused
- Teamwork
- Interpersonal skills
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
About The Meydan Hotel
- Situated at the heart of Dubai’s world renowned Meydan Racecourse, The Meydan Hotel offers an elevated hospitality experience where contemporary luxury meets dynamic energy.
- Overlooking one of the world’s most iconic horse racing destinations, our hotel offers exceptional culinary experiences, spacious rooms with panoramic views, and seamless service to create unforgettable moments for every guest.
- Whether welcoming leisure travellers, business delegates, or racing enthusiasts, we are driven by a passion to deliver personalised, heartfelt hospitality and to exceed expectations at every turn.
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