Cost Controller

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 incomparable facilities include a private beach, pool, meeting rooms, and a magnificent ballroom for lavish celebrations.

Job Description

The position is responsible for 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.
• Perform inventory checks of all warehouses at the end of the month, reconciling balances with general ledgers
• Report variances related to cost and inventory management, manage monthly inventory, monitor receipts and inventory
• Determine the standard cost consumption table for the dishes, transfer the cost of hotel staff meals (employee meals)
• Cost controller is the person responsible for researching, tracking, analyzing and controlling all costs in the hotel
• Cost controller with the goal of reducing costs
• Determine minimum and maximum stock levels, inventory management system and to ensure the responsiveness of related departments activities.

• Daily, monthly F&B reconciliation, through sales analysis report from POS, inconsistent figures must be explained.
• Daily, monthly F&B reports with detailed analysis of deviations, possibilities, e.g. trends in cost of goods sold ratio, rarely used items, breakage & loss, etc.
• Willing to accept work requests with the highest sense of responsibility, perform other duties as assigned by the Higher Management.
• Build working relationships with chefs, F&B managers, kitchen staff, bartenders to get the most optimal formula for cost of food and drinks.

Qualifications

Knowledge and Experience

• Bachelor 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 ability to communicate with all levels of employees
• Service oriented with an eye for details
• Ability to work effectively and contribute in a team
• Good presentation and influencing skills