Cost Controller

3 weeks ago

Muscat, Muscat, Oman Mandarin Oriental Full time
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.

Our commitment to you
  • 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.

We're Fans. Are you?
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