Cost Controller

Salary Details

Salary Description: Competetive Salary Offered

Job Description For Cost Controller

FAIRMONT

Company Description

Fairmont La Hacienda will offer guests one of the most exclusive resorts in southern Spain.

Situated on the San Roque coast, in a unique and privileged enclave near Sotogrande, it features a luxurious 5-star hotel and branded residences, showcasing breathtaking sea views.

Guests at Fairmont La Hacienda will indulge in a luxury resort experience with access to pools, a spa, fitness facilities, a grand ballroom, and flexible meeting spaces.

Surrounded by two of southern Europe's most renowned golf courses, the hotel provides an exclusive retreat for golf enthusiasts, beach lovers, and discerning travelers.

Job Description

The Cost Controller oversees and optimises the hotel's operating costs, ensuring accuracy in purchasing and inventory records, especially for Food & Beverage (F&B). He/she keeps the purchasing system up to date, implements cost controls, and prepares regular financial reports. In addition, he/she analyses cost over sales ratios and participates in the monthly closing, contributing to profitability and meeting financial targets.

Key Responsibilities

- Recording of product deliveries.
- Recording of food and beverage (F&B) invoices in the general accounting system.
- Comply with all established cost control procedures, and create new procedures where necessary to improve efficiency and control.
- Ensure compliance with documentation and authorisation processes related to purchasing and inventory control.
- Process food and beverage (F&B) accruals in the system, ensuring correct posting.
- Monitor food and beverage (F&B) inventories, ensuring their accuracy and availability according to operational needs.
- Maintain the purchasing system up to date, ensuring that all items are correctly recorded, including prices and suppliers.
- Check and verify all inventory reports, reconciling accounting balances, actual physical counts and unit costs. Resolve any discrepancies that arise.
- Participate in month-end reporting procedures, ensuring that F&B inventory and other related costs are reported accurately and on time.
- Ensure that all daily, monthly and annual cost reports are prepared correctly and submitted within established deadlines.
- Analyse cost over sales ratios for each operating department, identifying opportunities to optimise costs and improve profitability.

Qualifications

- University degree in hospitality, business administration or related field.
- Minimum of 2 years experience in a similar position in the hospitality industry.
- Fluency in Spanish. English highly valuable.

- Responsibility for managing financial issues, solving complex problems and making effective decisions.
- Maintain confidentiality of proprietary information and protect company assets

Candidate must be a citizen of the European Union or possess a valid work permit for Spain.

Additional Information

What is in it for you:

• Competitive Salary and Benefits
• Discounted hotel rooms and food and beverage rates to employees at our sister properties around the globe.
• We provide learning programs through our Academies to promote growth and development so that you can perform at your full potential.
• Opportunity to develop your talent and grow within your property and across the world!