Cost Controller

Job Summary

The Cost Controller at Fairmont Baku is responsible for overseeing and managing all cost-related aspects of the hotels operations ensuring financial efficiency without compromising the luxury standards of the property. This role plays a critical part in monitoring expenses analyzing variances and supporting department heads in maintaining optimal cost control across food & beverage procurement and overall hotel operations.

Key Responsibilities

• Monitor and control all hotel costs with a strong focus on Food & Beverage inventory and operating supplies.
• Conduct daily weekly and monthly cost analysis reports and identify variances against budget and forecasts.
• Work closely with Executive Chef Purchasing Director and department heads to ensure effective cost management.
• Review purchase orders invoices and receiving reports to ensure accuracy and compliance with hotel policies.
• Perform regular inventory audits (food beverage and non-consumables) and investigate discrepancies.
• Develop and maintain standard costing models for menus and hotel services.
• Ensure proper pricing portion control and waste management practices are implemented.
• Support budgeting and forecasting processes by providing accurate cost data and insights.
• Maintain compliance with internal controls audit standards and corporate financial policies.
• Identify opportunities for cost savings while preserving the luxury guest experience.

Qualifications :

• Bachelors degree in Finance Accounting Hospitality Management or a related field.
• Minimum 35 years of experience in cost control or finance preferably in luxury hotels or high-end hospitality environments.
• Strong knowledge of hotel financial systems and inventory management tools.
• Advanced proficiency in Microsoft Excel and financial reporting software.
• Solid understanding of F&B operations and cost structures.
• Excellent analytical organizational and problem-solving skills.
• High attention to detail with the ability to work under pressure.
• Strong communication skills and ability to collaborate across departments.
• Fluency in English;

Additional Information :

Our commitment to Diversity & Inclusion:
We are an inclusive company and our ambition is to attract recruit and promote diverse talent.

Remote Work :

No

Employment Type :

Full-time