Cost Controller

FAIRMONT; Abu Dhabi; On-site; AED 60,000 - 80,000; Full time

Job summary

A leading hotel in Abu Dhabi seeks a Cost Controller responsible for analyzing and managing costs. The ideal candidate will have a Bachelor's Degree in Accounting or Finance, alongside significant experience in the hotel industry. The role involves detailed reporting, inventory management, and collaboration with various departments to enhance operational efficiency. This position offers a competitive salary in a luxurious work environment.

Qualifications

• Bachelor's Degree in Accounting, Finance, or related field.
• Minimum of 3 years of relevant hotel industry experience.
• Proficiency in Microsoft Outlook and Office.

Responsibilities

• Research, track, analyze, and control all costs in the hotel.
• Perform monthly inventory checks and reconcile balances.
• Build relationships with F&B managers and kitchen staff to optimize costs.

Skills

Interpersonal skills

Communication

Attention to detail

Teamwork

Presentation skills

Education

Bachelor's Degree in Accounting

Bachelor's Degree in Finance

Tools

Microsoft Office

Future Log system

Job description

Company Description

Fairmont Bab Al Bahr is a 5-star Abu Dhabi beach resort with a stunning setting on Abu Dhabi Creek. Our luxurious urban hideaway offers unparalleled panoramas over the glittering white-marble minarets of iconic Sheikh Zayed Grand Mosque. Alongside exquisite restaurants and bars, Fairmont Abu Dhabi boasts 366 spacious rooms, suites, and a villa. Designed with discerning business and leisure guests in mind, our facilities include a private beach, pool, meeting rooms, and a magnificent ballroom for celebrations.

Job Description

The position is responsible for researching, tracking, analyzing, and controlling all costs in the hotel. The role involves reporting variances related to cost and inventory management, managing monthly inventory, monitoring receipts, and inventory.

Finance

• Ensure all import and export activities are accurately accounted for, with all approved documents in accordance with regulations.
• Implement policies and procedures in cost control. Prepare cost reports as required by management.
• Perform inventory checks of all warehouses at the end of the month, reconciling balances with general ledgers.
• Ensure all goods entering and leaving warehouses are properly recorded with supporting documents.
• Determine standard cost consumption for dishes and transfer the cost of employee meals.
• Research, track, analyze, and control all costs in the hotel with the goal of reducing costs.
• Determine minimum and maximum stock levels, manage inventory system, and ensure departmental responsiveness.

• Conduct daily and monthly F&B reconciliation using sales analysis reports from POS; explain inconsistent figures.
• Provide detailed analysis of deviations in F&B reports, including trends in cost ratios, unused items, breakage, and loss.
• Perform other duties as assigned by management, demonstrating responsibility and flexibility.
• Build relationships with chefs, F&B managers, kitchen staff, and bartenders to optimize food and beverage costs.

Qualifications

• Bachelor's Degree in Accounting, Finance, or related field.
• Minimum of 3 years of relevant experience in the hotel industry.
• Proficiency in Microsoft Outlook, Microsoft Office, MC, and Future Log system.

• Good interpersonal skills, able to communicate effectively at all levels.
• Service-oriented with attention to detail.
• Ability to work effectively in a team environment.
• Strong presentation and influencing skills.