Finance Executive - Cost Controller

The Finance Executive - Cost Controller is responsible for monitoring, analyzing, and controlling the hotel's food, beverage, and operating costs to ensure profitability and compliance with company standards. The role supports inventory management, purchasing controls, recipe costing, stock reconciliations, and financial reporting to maintain effective cost management across all departments.

 

Key Responsibilities

Cost Control & Analysis

• Monitor daily, weekly, and monthly food, beverage, and operating costs.
• Analyze cost variances and identify opportunities for cost savings and efficiency improvements.
• Prepare cost analysis reports and provide recommendations to management.
• Review departmental expenses to ensure they remain within approved budgets.
• Monitor menu profitability and pricing structures.

Inventory Management

• Conduct and supervise month-end inventory counts for food, beverage, operating supplies, and retail items.
• Reconcile physical stock counts against system balances and investigate variances.
• Ensure inventory records are accurate and maintained in a timely manner.
• Monitor stock movement, slow-moving items, and potential wastage.
• Support departments with inventory control procedures and best practices.

Purchasing & Receiving Controls

• Review purchase orders and receiving documentation for accuracy and compliance.
• Ensure purchases are approved and supported by proper documentation.
• Verify supplier pricing and investigate unusual cost increases.
• Coordinate with Purchasing and Receiving teams to ensure adherence to procurement policies.
• Monitor contract pricing and supplier agreements.

Menu Engineering & Recipe Costing

• Prepare and maintain recipe costing for all food and beverage outlets.
• Update menu costings for changes in supplier pricing and ingredients.
• Conduct menu engineering analysis and provide recommendations to improve profitability.
• Work closely with the Executive Chef and F&B management on cost optimization.

Reporting & Financial Analysis

• Prepare monthly food and beverage cost reports.
• Analyze consumption trends and highlight significant fluctuations.
• Assist in budget preparation and forecasting processes.
• Prepare month-end reconciliation schedules and supporting documentation.
• Support management with financial information for decision-making.

Report accidents, injuries, and unsafe work conditions to manager; complete safety training and certifications. Follow all company policies and procedures; ensure uniform and personal appearance are clean and professional; maintain confidentiality of proprietary information; protect company assets. Speak with others using clear and professional language; prepare and review written documents accurately and completely; answer telephones using appropriate etiquette. Develop and maintain positive working relationships with others; support team to reach common goals; listen and respond appropriately to the concerns of other employees. Comply with quality assurance expectations and standards. Read and visually verify information in a variety of formats (e.g., small print). Visually inspect tools, equipment, or machines (e.g., to identify defects). Enter and locate work-related information using computers and/or point of sale systems. Stand, sit, or walk for an extended period of time or for an entire work shift. Move, lift, carry, push, pull, and place objects weighing less than or equal to 50 pounds without assistance. Move through narrow, confined, or elevated spaces. Move over sloping, uneven, or slippery surfaces. Reach overhead and below the knees, including bending, twisting, pulling, and stooping. Perform other reasonable job duties as requested by Supervisors.

 

PREFERRED QUALIFICATIONS

Education: High school diploma or G.E.D. equivalent.

Related Work Experience: At least 2 years of related work experience.

Supervisory Experience: No supervisory experience.

License or Certification: None

 

 

At Marriott International, we are dedicated to being an equal opportunity employer, welcoming all and providing access to opportunity. We actively foster an environment where the unique backgrounds of our associates are valued and celebrated. Our greatest strength lies in the rich blend of culture, talent, and experiences of our associates. We are committed to non-discrimination on any protected basis, including disability, veteran status, or other basis protected by applicable law.