Finance Executive – Cost Controller – Jumeirah Creekside

at Jumeirah Hotels and Resorts
Published May 23, 2024
Location Dubai, United Arab Emirates
Category Chefs / F&B / Housekeeping / Hospitality  
Job Type Full-time  
Responsibilities About the Job: To administer all cost control related processing activities to ensure the appropriate internal controls are followed. These will be done by providing timely and accurate cost information to the management. Your main duties will include: To supervise and to ensure smooth running of cost control operation. To prepare daily flash food and beverage cost. To randomly check the posting of officers, Entertainment and void reports. To check daily receiving verify report and export to Sun Financials. Recipe costing for new menus and approvals done. Review and sign store requisition to ensure accuracy of cost maintained. To conduct spot checks in receiving, stores and outlets. Check the posting of the store's requisitions for all major groups. Reconcile FOC & promoters summary by outlet. To implement food and beverage controls to ensure compliance with policies and procedures. Check recipe costing and updating yield tests. Set up bar stocks for outlets and the main stores.  To prepare P&L statement for major functions. Prepare and Posting of JV in ERP Financial System. Analyse outlet food and beverage cost. To prepare month end reports. (Inventory Turnover, Catering Sales Summary and F&B Stats Report) To analyse monthly price increase report for Food and Beverage. To provide department with financial data necessary to analyze their performance for maximum profitability. All pre-opening tasks and responsibilities as per pre-opening plan but not limited to pre-opening plan – if applicable Any other duties as may reasonably be requested by the management team including assistance for large events or hotel functions. Check the documented evidence of receipt by the receiving department. Ensure all the invoices are approved by the head of the department. Accruals to be made at the month end for the invoices not recorded. Maintain proper filing for all the documents. Assisting the Internal & External auditors from time to time during their audit
Industry Hospitality

Description

JOB DESCRIPTION

About Jumeirah & the Hotel:

At Jumeirah, we are committed to encouraging and developing our colleagues in world class environments. We value diversity and provide equal opportunities, employing over 14,000 colleagues from over 140 different countries including locations in Asia Pacific, CIS, Central Asia, Western and Eastern Europe, South America, Africa and the Middle East.

We want you to do well from the beginning, so we’ll give you every chance to impress during the recruitment process. We promise our colleagues a warm welcome and will help you feel part of our Jumeirah family from day one. You can rely on us to support you as you settle into your journey with us and make Jumeirah ‘Your Place to Shine’.

Jumeirah Creekside Hotel is a contemporary lifestyle hotel located 2km from Dubai International Airport in the heart of old Dubai. Set in landscaped grounds overlooking Dubai Creek, the hotel offers 292 rooms and suites, 21 meeting rooms, four restaurants, an award-winning spa and access to sports and leisure complex, The Aviation Club. Designed from the outset to connect the hotel to the region’s vibrant arts and cultural heritage, Jumeirah Creekside Hotel houses one of Dubai’s largest art collections – a specially commissioned collection of 482 pieces by 52 artists with roots from the Middle East. Rooted in the cultural and cosmopolitan essence of Dubai, the property combines comfort and unrivalled connectivity with true Arabian hospitality for the ultimate business and leisure experience.

About the Job:

To administer all cost control related processing activities to ensure the appropriate internal controls are followed. These will be done by providing timely and accurate cost information to the management.

Your main duties will include:

  • To supervise and to ensure smooth running of cost control operation.
  • To prepare daily flash food and beverage cost.
  • To randomly check the posting of officers, Entertainment and void reports.
  • To check daily receiving verify report and export to Sun Financials.
  • Recipe costing for new menus and approvals done.
  • Review and sign store requisition to ensure accuracy of cost maintained.
  • To conduct spot checks in receiving, stores and outlets.
  • Check the posting of the store's requisitions for all major groups.
  • Reconcile FOC & promoters summary by outlet.
  • To implement food and beverage controls to ensure compliance with policies and procedures.
  • Check recipe costing and updating yield tests.
  • Set up bar stocks for outlets and the main stores.
  • To prepare P&L statement for major functions.
  • Prepare and Posting of JV in ERP Financial System.
  • Analyse outlet food and beverage cost.
  • To prepare month end reports. (Inventory Turnover, Catering Sales Summary and F&B Stats Report)
  • To analyse monthly price increase report for Food and Beverage.
  • To provide department with financial data necessary to analyze their performance for maximum profitability.
  • All pre-opening tasks and responsibilities as per pre-opening plan but not limited to pre-opening plan – if applicable
  • Any other duties as may reasonably be requested by the management team including assistance for large events or hotel functions.
  • Check the documented evidence of receipt by the receiving department.
  • Ensure all the invoices are approved by the head of the department.
  • Accruals to be made at the month end for the invoices not recorded.
  • Maintain proper filing for all the documents.
  • Assisting the Internal & External auditors from time to time during their audit

About you:

Qualifications

  • Hotel Management graduate, Finance operations certificate holder, or a Recognized Degree in Finance or Accounting.

Experience

  • Minimum of 1-2 year experience in similar role
  • Knowledge of the Uniformed System of Account for Lodging Industry.

 Skills

  • Excellent time management skills to meet deadlines
  • Fluent command of English-spoken and written
  • Ability to train and supervise colleagues in the department.
  • Fluency in MS Office and IT software including Micros, and Adaco.

About Benefits:

We offer an attractive tax-free salary, paid in Dirhams (AED), the local currency of the UAE. In addition, we offer reduced hotel rates across our properties globally, excellent care package, flights home, accommodation allowance, health insurance, up to 50% discount off Jumeirah F&B Outlets.

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