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Cost Controller

HYDE, Information Technology, United Arab Emirates

Company Description

This is a new kind of hospitality, grounded in the spirit of discovery, the fantasy of nightlife and the adventure of connection. Hyde is more than a brand, it’s a state of mind.

HYDE HOTEL DUBAI

Hyde Hotels, Resorts & Residences, part of the world-leading Accor group, is the first Hyde hotel outside of the United States, Hyde Dubai Business Bay, in close proximity to the iconic Burj Khalifa directly fronting the Business Bay canal and promenade.

The 276-rooms, all with balconies, is a mix of gracious standard rooms and luxurious suites with views of the Dubai Canal, the Dubai skyline and the iconic Burj Khalifa – the tallest building in the world.

Hyde Hotel Dubai features three incredible culinary experiences including the Mediterranean concept, Cleo Mediterráneo, contemporary Japanese from Katsuya, hand-crafted burgers from Hudson Tavern. Also on the property is The Perq, a coffee concept, a lobby lounge, and Hyde pool & lounge as well as a spa, male/female salon, fitness center, a swimming pool and retail area. The hotel’s public areas, guestrooms and Cleo are designed by Ciarmoli Queda Studio. Katsuya, Hudson Tavern and Hyde pool and lounge are designed by Tristan Plessis Studio.

Job Description

The Position

To monitor and control all procedures that affect the receipt, issuance, general controls and sales of food and beverage in the hotel and to ensure that all control functions are established and enforced according to the company’s policies and procedures.

Key Roles & Responsibilities

Conduct month-end food and beverage inventories for Stores, & doing spot checks for F&B outlets, Spa & Boutique as per policy.
Ensure that all merchandise are stored properly in locked storage areas and monitor security control of key for such areas
Ensure proper issuance for F&B items from the Store
Establish and maintain a cost allocation transfer system for F&B and accurately post all inter department transfer between the cost centers
Co-ordinate with purchasing team on pricing, purchasing issues, etc.
Create/update recipes (food, beverage, special costing) and link Micros to Material Controls to generate the monthly potential food and beverage cost of sales.
Prepare monthly F&B cost report and month-end reconciliation reports
Prepare monthly Balance Sheet reconciliations.
Conduct regular spot checks on procedures for purchasing, receiving, storing, issuing.
Conduct regular spot checks for beverage par stocks for Stores and Outlets.
Check menu costing for Food & Beverage and verify it with pricing policy.
Ensure store items are checked regularly on expiry and freshness.
Prepare Daily Flash Food Report.
Attend specific banquet function to have better control on stocks.
Reduce Spoilage by monitoring and using better stock movement.
Attend specific banquet function if necessary to spot check stocks.
Monitor all policy & procedure to ensure compliancy.
Highlight any potential challenges or opportunities to improve profitability to management.
Conduct trainings for F&B with the help of KIT (local Micros-Fidelio vendor).
Maintain a close working relationship with the Director of F&B, Executive Chef and Purchasing Manager and make them aware of any potential problems or opportunities to improve the controls in their areas as they relate to F&B.
Prepare any reports as requested by managemen.t
To perform any other duties that may be assigned from time to time by management.

Qualifications

PERSONAL ATTRIBUTES

Must be willing to work a flexible schedule in order to accomplish all major responsibilities and tasks
Must be willing to accept assignments on as need basis, in order to promote teamwork.
Must have commitment to follow all local and corporate policies and procedures.
Must have a high degree of professional integrity and confidentiality, and work in a safe, prudent and organized manner.
Must be self-motivated and have a high degree of analytical ability.
Good written and verbal communication skills in English.
Must have analytical skills.
Must have strong interpersonal skills.
Must have ability to motivate employees.
Must have Leadership Skills.
Must be a Team player.
Must be highly responsible and able to take initiatives.

Qualifications

Diploma/Degree in Hotel Management and/or Accounting or equivalent.

Experience

Minimum of 2- 3 years experience in a similar capacity
Knowledge of Beverages (especially wine & alcohol) and POS system

Key Job Requirements:
  • Minimum of 3 years experience in cost control or related field
  • Experience in the hospitality industry is preferred
Skills:
  • - Strong analytical skills
  • - Proficiency in Excel and financial software
  • - Attention to detail
  • - Ability to work under pressure and meet deadlines

Seniority Level: Other

  • Mid-Senior level

Job Functions: Finance & Accounting

  • Accounting
  • Finance

Industries : Information Technology

  • Finance
  • Hospitality

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