Cost Controller

Maybourne Hotel Group; City of Westminster; On-site; GBP 50,000 - 70,000; Full time

Benefits offered by this job

Excellent salary package

Pension Scheme

Holiday allowance increase

Travel Season Ticket Loans

Retail Discounts

Wellbeing and health benefits

Job summary

The Berkeley and The Emory require a dedicated cost control professional to manage inventory, COGS reporting and budgeting. You will prepare trend reports for senior management, issue weekly and monthly cost controls, and ensure accurate balance between stock and accounting records.

You will work with the Purchasing System and Fourth Hospitality, driving best practices for a group-wide cost control function and supporting the F&B success team as needed.

Qualifications

• Experience in cost control for hospitality operations.
• Strong analytical skills and attention to detail.
• Proven ability to produce accurate monthly/weekly reports.
• Familiarity with hospitality purchasing systems and cost controls.

Responsibilities

• Prepare trend inventory value reports for Senior Management.
• Produce weekly Food and Beverage Cost Of Sales reports.
• Run monthly reports on uptake, menu engineering, and sales mix.
• Create month-end group margins, purchasing, stock and cost control reports.
• Investigate abnormal cost of sale variances and propose corrective actions.
• Assist area cost controller and develop best practices for cost control.

Skills

Cost control

Financial reporting

Inventory management

Budgeting

Data analysis

Tools

Fourth Hospitality

Purchasing System

Job description

This position will be looking after both The Berkeley and The Emory.

1 REPORTING

• To prepare trend reports on inventory value for Senior Management.
• To prepare and issue weekly accurate Food and Beverage Cost Of Sales reports.
• To run monthly reports on uptake, menu engineering, and sales mix.
• To produce a month End report on Group margins, purchasing, stock, and cost control report that can be distributed to all department Managers.

2 ANALYSIS

• To investigate any abnormal and above budget Cost Of Sale statistics and recommend actions to rectify any potential problems.
• Together with the area cost controller, involvement in developing best practice for cost control on a group level.
• To ensure all recipes are costed effectively prior to being implemented on a menu.
• To be fully acquainted with the Purchasing System, to ensure that it is used to its full potential as a business tool to enhance reporting, control and operation of the function to its full potential.
• To assist and drive F&B Success team, troubleshooting daily issues, and liaising with Fourth Hospitality where necessary.

3 INVENTORY CONTROL

• To coordinate and issue stocktake timeframes to relevant Department Managers.
• To oversee and participate in all monthly Departmental stocktakes (Health Club, Beverage, Tobacco, Stationery).
• To investigate any physical stocktake to theoretical stocktake variances.
• To review and equate the minimising of stock holding with potential usage projecting for each property or departments. Implementation of Par levels where necessary.

4 ACCOUNTING

• To prepare monthly expense journals for Month end.
• To ensure that all physical stocktakes balance to the General Ledger.
• To build and maintain effective communication channels and proactive working relationships with all Department Managers, to ensure the most effective cost control operation.
• To ensure efficient administration function is in operation within the Cost Control department.
• To assist in preparation of the annual Budget.

In line with the requirements of the Asylum & Immigration Act 1996, all applicants must be eligible to live and work in the UK. Documented evidence of eligibility will be required from candidates as part of the recruitment process.

At The Berkeley, we strive to curate distinctive and enriching experiences for our guests and our colleagues every day. You will be part of the team to shape our future and fulfil our purpose.

The Berkeley has been treading its own path for more than 100 years. From here, midway between fashionable Knightsbridge and neighbourly Belgravia, we're still taking style, comfort and service to inspiring new levels. There's nowhere quite like it. And that's the way we love it. Stunning rooms by the brightest minds in the design world. Intuitive service that always seems one step ahead. From the moment you walk in, the hotel begins to work its magic. With many guests returning year after year, it's a spell that's hard to break. Who strives here? Our team never fails to impress. To us, extraordinary service means perfecting the little details and adding exquisite touches in the entire guest journey. You truly care for our guests and your fellow colleagues. You believe in creating a sense of enthusiasm. Your goal is to excel and bring out your best in each and every guest interaction.

The Berkeley Experience You will find a supportive, fun and nurturing team where you can bring your ideas and creative thinking to your role. We have a range of development interventions at every level and for different functional specialisms to help you design the trajectory of your career. Your team members are highly collaborative and the work environment is dynamic and stimulating.

Financial Stability

• Excellent salary package.
• Family Friendly company policies, including enhanced Maternity and Paternity Pay.
• Holiday allowance increase after 3 and 5 years of service.
• Travel Season Ticket Loans.
• Pension Scheme.
• Salary Sacrifice.
• Holiday Trading.
• Retail Discount.

Health and Wellbeing Support

• Subsidised monthly Podiatrist and Masseuse treatments.
• Flu vaccination vouchers.
• Eye test vouchers and contributions towards glasses.
• A dedicated team of Mental Health First Aiders & 24-hour colleague assistance helpline.
• On and off-site Occupational Health Service.
• Death in Service salary contribution.
• Various wellbeing activities focused on mental and physical health.
• A complimentary state-of-the-art all-day dining colleague restaurant serving a range of nutritious meals.
• Cycle to Work.
• Wellbeing & Social Champions.
• Volunteering opportunities.

Recognition and Career Development

• Referral Scheme 'Introduce a Star' where you can earn up to £1,500.
• Instant colleague recognition and award programme with generous prizes.
• Colleague of the month nominations with generous prizes.
• Additional paid day off to celebrate your Birthday.
• Internal transfer and promotion opportunities.
• In-house training and development team with a strong focus on career progression and personal growth.
• Long service awards.

Memorable experiences

• Preferential room rates of £50 per overnight stay for yourself or your family across the Maybourne.
• Hotel Guest Experience Stay including an overnight stay and wining and dining at our renowned restaurants and bars.
• 50% Food and Beverage discount across the Maybourne.
• Social events (Annual Awards, Summer Maybourne Picnic, Welcome to Work, Annual Colleague Party, Annual Colleague Children Party, etc.)
• Wedding and Baby gifts.
• Retirement functions.