Job details
COST CONTROLLER
The Ned Doha Doha competitive Full time Located in the former Ministry of Interior building, The Ned Doha offers seven restaurants, 90 bedrooms, event venues, and Ned’s Club, a private members’ club that gives access to spaces including a rooftop terrace, a health club with spa, gym and 30m outdoor pool. Job Purpose: We are currently seeking a Cost Controller to join our dynamic team. This role is key to maintaining financial efficiency, controlling costs, and optimizing resources to deliver an extraordinary experience for our guests while ensuring the profitability of the hotel. Responsibilities:- Monitor and manage daily, weekly, and monthly cost control for all departments, including Food & Beverage, Rooms, and other hotel operations.
- Analyze inventory levels, ordering patterns, and waste to minimize costs and optimize profitability.
- Prepare and present monthly cost reports and variance analysis to senior management.
- Collaborate with the Finance Department to prepare and manage the hotel’s budget.
- Conduct regular stock audits to ensure proper inventory management and prevent loss or discrepancies.
- Implement effective cost control measures to ensure the hotel remains within budget.
- Assist in pricing strategies for food and beverage menus, as well as other hotel services.
- Liaise with department heads to ensure cost-effective purchasing, staffing, and resource allocation.
- Review and approve purchase requisitions and supplier invoices in accordance with hotel policies.
- Conduct regular cost-saving initiatives without compromising quality or guest experience.
- Provide training and support to department heads on cost control processes and procedures.
- Bachelor's degree in Finance, Accounting, Hospitality Management, or a related field.
- Proven experience as a Cost Controller or similar role, preferably in a hotel or hospitality environment.
- Strong knowledge of cost accounting, inventory control, and budgeting processes.
- Experience with hotel management software and proficiency in Microsoft Excel.
- Excellent analytical and problem-solving skills with attention to detail.
- Strong communication and interpersonal skills, with the ability to work across departments.
- Ability to work under pressure and handle multiple tasks simultaneously.
- Knowledge of hospitality industry standards and best practices.
- One of the most iconic places to be and work
- Amazing learning and development program
- Discounted rates at The NED Doha
- Fantastic career growth opportunities
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