Cost Controller

The Meydan Hotel; Dubai; On-site; AED 134,000 - 223,000; Full time

Job summary

The Meydan Hotel in Dubai is seeking a skilled F&B Cost Controller to manage cost control, inventory, and financial reporting for our high-end hospitality operation.

You will oversee the receiving and store processes, produce cost analyses, and support decision making with P&L insights for major events and Brunches. This role requires UAE hospitality experience and strong analytical capabilities.

Qualifications

• Bachelor’s or master’s degree in commerce or accounting.
• 2 years in a similar position in a five-star hotel.
• Computer competency with word-processing, spreadsheets and database software.
• Relevant experience in Store and Receiving in UAE hospitality.
• Good knowledge of accounting and financial systems.
• Highly organized, proactive and 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.
• Customer focus.
• Teamwork.
• Interpersonal skills.
• Ability to perform work under minimal supervision.

Responsibilities

• Calculates F&B costs and compares invoices, requisitions, and sales; prepares cost reports.
• Verifies Receiving Reports and codes corrections.
• Daily transfer of Sales from POS to Inventory System.
• Monitors inventory, performs spot checks, and develops cost/price analyses.
• Prepares recipe costs with senior staff and monitors variances.
• Produces monthly F&B costs by outlet and conducts stock takes.
• Contributes to P&L preparation for major events and campaigns.

Skills

Cost control

Financial reporting

Inventory management

Hotel accounting

Excel & Office

Education

Bachelor’s or Master’s degree in commerce or accounting

Tools

MS Word

MS Excel

Database software

Job description

Job Description:

( 20277 )

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.

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
• Ensures security in storage of goods.
• Checks invoices against goods ordered and received.
• Checks unit costs.
• Prepares recipe costs with Executive Chef and Director of F&B.
• Monitors FOC and rebates from suppliers
• Entertainment and Duty Meal checks verification
• Posting of Daily Inter Outlet Beverage Transfers
• Produces monthly F&B costs by outlet.
• Checks store requisitions and receipts against stock records.
• Conducts monthly spot checks of F&B Outlets
• Participates in half yearly stock take – linen and Operating equipment
• Menu engineering.
• Inventory Turnover Report
• Beverage Potential Report
• Spot check and verify housekeeping inventories on half yearly basis
• Month End Closing Inventories (Stores and F&B Outlets) and prepare the Bar Variance Report
• Posting of Month End JV's
• Conducts periodic purchase price comparisons of food & beverage items and operating supplies with other hotels.
• Checks Daily Receiving Records as prepared.
• Verifies goods and services received are in line with quantities, quality and prices ordered.
• Assists F&B decision making by providing the Management with analysis
• Preparation of P&L for major events, Brunch and Race.

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
• Customer focused
• Teamwork
• Interpersonal skills
• Ability to perform work under minimal supervision.

Our company is expanding faster than ever before. We are investing in the growth of our company, and that means we are committed to investing in you. Join a team that is open-hearted, innovative, inclusive, and inspiring in spirit. We believe in making our guests happy beyond anything they have ever imagined. We wow them at every turn and create memories that will last a lifetime. You will be at the heart of this vision, to constantly innovate to deliver Amazing Experiences and Everlasting Memories.