Cost Controller

Join to apply for the Cost Controller - Omani National role at Mandarin Oriental

Join to apply for the Cost Controller - Omani National role at Mandarin Oriental

Cost Controller

Cost Controller

Mandarin Oriental Muscat is looking for a Cost Controller to join our Finance team.

Are you a master of craft? Do you thrive in a team that succeeds together, demonstrating integrity and respect while acting responsibly? Do you embrace a growth mindset? We invite you to become a fan of the exceptional.

Mandarin Oriental is the award-winning owner and operator of some of the most luxurious hotels, resorts and residences located in prime destinations around the world, with a strong development pipeline. Increasingly recognized for creating some of the world's most sought-after properties, the Group provides legendary service inspired by Asian heritage whilst representing the very cutting-edge of luxury experiences.

Mandarin Oriental Muscat

Situated in a prime beachfront location, Mandarin Oriental, Muscat is a chic urban resort that offers 150 stylishly appointed guestrooms and suites, five restaurants and bars, a lush Spa at Mandarin Oriental, and an outdoor swimming pool. The hotel features a one-of-a-kind ballroom boasting spectacular views of the Arabian Sea as well as a variety of banquet and meeting spaces to accommodate social and business events.

For those seeking a luxury living experience in one of Muscat's most desirable districts, an exclusive collection of 155 Residences at Mandarin Oriental combine the Group's legendary service, world-class amenities and sweeping sea or mountain views.

About The Job

• Conduct month-end inventories for all stores (Food & Beverage and non-F&B items), and doing spot checks for F&B outlets, Spa & Boutique as per policy.
• Ensure that all merchandise is stored properly in locked storage areas and monitor security control of key for such areas.
• Ensure that all storage areas are secure, clean and properly organized and in line with the MOHG health and safety requirements.
• Ensure proper issuance for F&B and non-F&B items from the stores.
• Establish and maintain a cost allocation transfer system for F&B and accurately post all inter department transfer between the cost centers.
• Compare quoted prices to invoice prices.
• Verify food and beverage invoices on a selective basis and occasionally spot checks invoice unit costs to match them with the market quotation sheet.
• Establish and maintain par stocks on all inventoried items, keeping in mind that inventory levels must be kept as low as possible without compromising the efficiency of the hotel.
• Create/update recipes (food, beverage, special costing) and link Point of Sale (POS) System to Purchasing System to generate the monthly potential food and beverage cost of sales.
• Prepare monthly F&B cost report and month-end reconciliation reports.
• Prepare assigned monthly Balance Sheet reconciliations.
• Conduct regular spot checks on procedures for purchasing, receiving, storing and 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.
• Complete the design, implementation and management of F&B menu engineering.
• 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 and if necessary to do spot checks.
• Reduce spoilage by monitoring and using better stock movement.
• Highlight any potential challenges or opportunities to improve profitability to management.
• Conduct trainings for F&B team members with the help of system service provider.
• Maintain a close working relationship with the Director of F&B, Executive Chef and all departments. Make them aware of any potential problems or opportunities to improve the controls in their areas.
• Work with the Executive Chef to co-ordinate tracking of high cost items in the food area.
• Work closely with Food and Beverage Manager to develop menu pricing of food and beverage products.
• Development and enhancement of purchasing and cost control policies and procedures.
• Ensure that all items received by the hotel are properly documented in accordance with the company's purchasing and receiving procedures.
• Ensure that there are sufficient supplies on hand for on all inventoried items for each department by coordinating regular inventories with Stores.
• Assist Accounts Payable in researching any discrepancies on invoices.
• Must be willing to work a flexible schedule in order to accomplish all major responsibilities and tasks.
• Must have commitment to follow all local and corporate policies and procedures.
• Must be willing to accept assignments on as need basis, in order to promote teamwork.
• Must have a high degree of professional integrity and confidentiality, and work in a safe, prudent and organized manner.
• Ensure full compliance with internal controls as listed in the Control Self-Assessment Questionnaires (CSAQ) related to Purchasing, Inventory and Accounts Payable functions.
• Performs other similar or related duties as instructed by the Management.
  
  

• Learning & Development. Your success is our success. We craft unique learning and development programmes for various stages in your career so that you grow, continuously.
• MOstay. When you work as hard as our colleagues do, it's important to take time off. As a member of the #MOfamily, you can stay with us wherever you go in the world. The MOstay programme offers complimentary nights and additionally attractive rates on rooms for you and your loved ones.
• Heath & Colleague Wellness. Finding the right work-life balance is important. Your wellbeing matters to us. A variety of health benefits and wellness programmes are offered to all our colleagues, globally.
• Retirement Plans. When you show commitment to us, we reciprocate. We offer different retirement plans depending on the length of your service and your role.
  
  

• Seniority levelEntry level

• Employment typeFull-time

• Job functionAccounting/Auditing and Finance
• IndustriesHospitality

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