Cost Controller

Full time at Rixos Hotels in Qatar

Posted on February 21, 2025

Job details

Company Description Rixos Premium Qetaifan Island North Rixos Premium Qetaifan Island North comprises a 345-key hotel, along with a souq encompassing 11,000sqm of leasing space, a beach club, a theme park, and a waterpark. The resort boasts panoramic views of the Arabian Gulf. Rixos plans to provide a platform for showcasing Qatar as a tourism destination. One of the country's biggest draws will be Qetaifan Island North's Waterpark attraction. The Rig 1938 is the world's highest tower of its kind, reaching 82 metres. Job Description Cost Controller The Cost Controller is responsible for monitoring and controlling the expenses to ensure cost efficiency and profitability. This role involves tracking inventory, analyzing financial data, preparing cost reports, and implementing cost-saving measures while maintaining quality standards. The Cost Controller works closely with the purchasing, F&B, and operations departments to ensure budget compliance and effective cost management.

Monitor and control all costs related to operations, including F&B, housekeeping, maintenance, and general expenses.
Conduct cost variance analysis and identify areas for cost reduction.
Establish cost-cutting initiatives without compromising service quality.
Supervise inventory procedures for F&B, general supplies, and operational equipment.
Ensure proper stock rotation and prevent wastage or overstocking.
Implement systems for tracking, measuring, and reducing waste.
Work closely with the purchasing department to negotiate favorable supplier terms.
Review purchase requests and verify price quotations to ensure cost efficiency.
Ensure that all goods and services procured meet the quality and budgetary standards.
Prepare monthly cost control reports, including food cost analysis, beverage cost reports, and variance reports.
Assist in preparing and monitoring department budgets.
Recommend financial strategies to optimize profitability.
Ensure adherence to policies and cost control procedures.
Conduct periodic audits to check for discrepancies and compliance with financial standards.
Maintain accurate documentation and records for all cost-related transactions.
Work closely with department heads to understand their financial needs and constraints.
Provide training and guidance to staff on cost control measures.
Collaborate with chefs and F&B managers to optimize menu costing and pricing strategies.

Qualifications

Bachelor's degree in Accounting, Finance, Business Administration, or related field.
Minimum 3 years in cost control, in similar role, preferably in the hospitality industry.
Strong analytical and problem-solving skills.
Proficiency in financial software (e.g., Opera, Micros, Sun Systems, SAP, or similar).
Knowledge of hospitality inventory management systems.
Excellent attention to detail and organizational skills.
Strong communication and negotiation abilities.
Ability to work independently and collaboratively.

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Rixos Hotels

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Cost Controller

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