Chief Cost Optimization Specialist

3 days ago

Muscat, Muscat, Oman beBeeCostController Full time 1,800 - 2,400

Cost Controller Opportunity

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This role offers a chance to work in the finance department of a luxury hotel, utilizing your skills and expertise to optimize costs and improve efficiency. The ideal candidate will be responsible for conducting month-end inventories, ensuring storage areas are secure and organized, and verifying invoices on a selective basis.

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Additionally, you will establish par stocks on inventoried items, create and update recipes, and prepare monthly cost reports. Your attention to detail and analytical skills will be essential in this role, as you work closely with the Director of F&B, Executive Chef, and other departments to identify potential challenges or opportunities to improve profitability.

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The successful candidate will have a strong background in finance and cost control, with experience in inventory management, purchasing, and accounts payable. A high degree of professional integrity and confidentiality is required, as well as a willingness to work a flexible schedule and accept assignments as needed.

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Key responsibilities include:

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  • Conducting regular spot checks on procedures for purchasing, receiving, storing, and issuing.\
  • Verifying food and beverage invoices on a selective basis and occasionally checking unit costs to match them with market quotations.\
  • Establishing and maintaining par stocks on all inventoried items.\
  • Creating and updating recipes (food, beverage, special costing) and linking Point of Sale (POS) System to Purchasing System to generate the monthly potential food and beverage cost of sales.\
  • Preparing daily flash food reports and attending specific banquet functions to have better control on stocks.\
  • Reducing spoilage by monitoring and using better stock movement.\
  • Highlighting any potential challenges or opportunities to improve profitability to management.\
  • Conducting trainings for F&B team members with the help of system service providers.\
  • Maintaining a close working relationship with the Director of F&B, Executive Chef, and all departments.\
  • Working closely with the Food and Beverage Manager to develop menu pricing of food and beverage products.\
  • Development and enhancement of purchasing and cost control policies and procedures.\
  • Ensuring that all items received by the hotel are properly documented in accordance with the company's purchasing and receiving procedures.\
  • Coordinating regular inventories with Stores to ensure sufficient supplies on hand for each department.\
  • Assisting Accounts Payable in researching any discrepancies on invoices.\
  • Working a flexible schedule to accomplish all major responsibilities and tasks.\
  • Following all local and corporate policies and procedures.\
  • Accepting assignments on an as-needed basis to promote teamwork.\
  • Working in a safe, prudent, and organized manner.\
  • Ensuring full compliance with internal controls related to Purchasing, Inventory, and Accounts Payable functions.\
  • Performing other similar or related duties as instructed by Management.\

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