Cost Controller

Kerzner International; Dubai; On-site; AED 90,000 - 150,000; Full time

Job summary

The Meydan Hotel is seeking a skilled F&B cost controller to manage the receiving of food and beverage items and oversee store inventories, ensuring timely feedback and accurate reporting on food cost to maximize profitability.

Responsibilities include cost calculations, invoice verification, and daily transfers of sales data to the inventory system, while maintaining inventory security and supporting decision making with management analysis.

Qualifications

• Bachelor’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.

Responsibilities

• Calculates F&B costs and compares invoices to reports showing cost vs sales.
• Receives F&B items and oversees store inventories with timely feedback.
• Verifies Receiving Report and code correction.
• Daily transfer of Sales from Point-of-Sale System to Inventory System.
• Maintains security in storage of goods and checks invoices against goods ordered and received.
• Prepares recipe costs with Executive Chef and Director of F&B.

Skills

F&B cost control

Inventory management

Accounting knowledge

Microsoft Excel

Attention to detail

Education

Bachelor’s degree in commerce or accounting

Tools

Inventory software

POS system

ERP systems

Job description

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. Overlookingone ofthe world’s most iconic horse racing destinations, our hoteloffersexceptional 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.