Cost Controller

Accor; Abu Dhabi; On-site; AED 120,000 - 200,000; Full time

Job summary

A leading hotel in Abu Dhabi seeks a cost controller responsible for analyzing and managing costs effectively. The ideal candidate will have at least 3 years of relevant experience in the hotel industry, alongside a bachelor's degree in Finance or Accounting. Responsibilities include inventory management, cost reporting, and maintaining good working relations with hotel staff to optimize costs.

Qualifications

• 3 years of relevant experience in the hotel industry is required.
• Service-oriented mindset with strong presentation abilities.
• Ability to work effectively in a team environment.

Responsibilities

• Responsible for tracking, analyzing, and controlling all costs in the hotel.
• Manage monthly inventory and reconcile balances.
• Prepare cost reports and ensure policies in cost control are implemented.

Skills

Interpersonal skills

Communication

Teamwork

Attention to detail

Presentation skills

Education

Bachelor's Degree in Accounting

Bachelor's Degree in Finance

Tools

Microsoft Outlook

Microsoft Office

MC

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 the 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 lavish celebrations.

Job Description

The position is responsible for researching, tracking, analyzing, and controlling all costs in the hotel. Report variances related to cost and inventory management, manage monthly inventory, monitor receipts and inventory.

Finance

• Ensure all import and export activities are accurately accounted for, with all approved documents in accordance with regulations.
• Ensure the implementation of 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 full supporting documents.
• Report variances related to cost and inventory management, manage monthly inventory, monitor receipts and inventory.
• Determine the standard cost consumption table for dishes, transfer the cost of hotel staff meals (employee meals).
• The cost controller is responsible for researching, tracking, analyzing, and controlling all costs in the hotel, with the goal of reducing costs.
• Determine minimum and maximum stock levels, manage inventory system, and ensure responsiveness of related departments' activities.
• Perform daily and monthly F&B reconciliation through sales analysis reports from POS; explain inconsistent figures.
• Prepare detailed F&B reports analyzing deviations, trends in cost of goods sold ratio, rarely used items, breakage, and loss.
• Accept work requests with a high sense of responsibility and perform other duties as assigned by higher management.
• Build working relationships with chefs, F&B managers, kitchen staff, and bartenders to optimize food and drink cost formulas.

Qualifications

• Bachelor's Degree in Accounting, Finance, or related field.
• Minimum of 3 years of relevant experience in the hotel industry.
• Strong working knowledge of Microsoft Outlook, Microsoft Office, MC, and Future Log system.
• Good interpersonal skills with the ability to communicate with all levels of employees.
• Service-oriented with an eye for detail.
• Ability to work effectively and contribute in a team.
• Good presentation and influencing skills.