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Cost Control Supervisor
4 weeks ago
Cost Control Supervisor - Waldorf Astoria Ras Al Khaimah
As a Cost Control Supervisor, you will play a vital role in analyzing the costs of ingredients and materials used in our menu items, monitoring food and beverage inventory levels, and comparing actual costs to budgeted costs. Additionally, you will collaborate closely with the procurement team to secure high-quality ingredients and materials at optimal prices. You will also be responsible for preparing and presenting detailed reports to management, highlighting cost trends, identifying deviations, and providing recommendations for cost-saving measures. This position presents an exciting opportunity to contribute to our organization's financial success and operational efficiency.
**What will I be doing?**
As a Cost Control Supervisor, you will play a vital role in analyzing the costs of ingredients and materials used in our menu items, monitoring food and beverage inventory levels, and comparing actual costs to budgeted costs. Specifically, you will be responsible for performing the following tasks to the highest standards:
- Review the daily intake of products into the hotel and ensure accurate pricing and quantity of goods receive.
- Control the stores by ensuring accuracy of inventory and stock control and the pricing of good received.
- Prepare costing for recipes and menus prepared by the Executive Chef and suggest the selling price.
- Posting the menus and recipes in Inventory & POS systems
- Checking Daily Reports (Daily Sales, Food & Beverage cost, Daily Flash, Outlet wise issue of Food & Beverage
- Liaise closely with the Food & Beverage department on various operational costs related issues and inform Management when expenses and costs are high and are not in line with revenues generated.
- Random test counts in the Beverage Stores, Inventory of outlets by reconciling the opening stock with the closing stock, taking account of store issues and sales.
- Attend outlet theme nights to ensure beverage consumption is properly recorded, and no misuse has occurred.
- Verifying the inter-departmental stock transfers and review the spoilages
- Compute the cost of employee's meals, A&G and Complimentary Food & Beverage Expenses.
- Checking Daily Reports (Daily Sales, Food & Beverage cost, Daily Flash, Outlet wise issue of Food & Beverage)
- Prepare Outlet wise F&B Revenue Analysis
- Verify Inventory Turn Over Report Monthly Basis
- Verify Outlet wise Food, Beverage & Tobacco Cost Report Monthly Basis
- Conduct physical Inventory monthly & Quarterly.
- Manage cost reporting on a weekly basis.
- Maintain good communication and working relationships with all hotel areas.
- Monthly MIS Reports
- Prepare Outlet wise F&B Revenue Analysis
- Test checking on the receiving of goods at the hotel and to see that the procedures are followed correctly.
- Verifying Daily Stores Receiving and Issue Report
**What are we looking for?**
A Cost Control Supervisor serving Hilton brands is always working on behalf of our Guests and working with other Team Members. To successfully fill this role, you should maintain the attitude, behaviours, skills, and values that follow:
- Experience in a luxury or 5-star hotel on similar role
- Possess strong organisational skills
- A good understanding of financial operating systems and procedures
- Strong influencing, inter-personal and communication skills
- Excellent analytical skills
It would be advantageous in this position for you to demonstrate the following capabilities and distinctions:
- Previous Accounts/Finance experience in a high-volume department, preferably within a hotel environment
**What will it be like to work for Hilton?**
Hilton is the leading global hospitality company, spanning the lodging sector from luxurious full-service hotels and resorts to extended-stay suites and mid-priced hotels. For nearly a century, Hilton has offered business and leisure travelers the finest in accommodations, service, amenities and value. Hilton is dedicated to continuing its tradition of providing exceptional guest experiences across its. Our vision “to fill the earth with the light and warmth of hospitality” unites us as a team to create remarkable hospitality experiences around the world every day. And, our amazing Team Members are at the heart of it all
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