Cost Controller - Rixos Tersane Istanbul

  • Full-time
  • Job-Category: Default
  • Job Type: Permanent
  • Job Schedule: Full-Time

Company Description

Tersane Istanbul is one of Turkey's most ambitious waterfront destination projects, bringing together hospitality, lifestyle, culture, gastronomy, retail, and entertainment within a unique ecosystem. Home to Rixos Tersane Istanbul and Aliée Istanbul, the destination continues to redefine urban experiences through world-class service, exceptional guest journeys, and a strong commitment to excellence.


As part of our continued growth, we are looking for a detail-oriented, analytical, and proactive professional to join our Finance team as a "Cost Controller". 

Job Description

  • Monitor and control food, beverage, and other operational costs to ensure compliance with established budgets and cost standards.

  • Conduct regular cost analyses and investigate variances between actual costs, budgets, and theoretical consumption.

  • Monitor purchasing prices, supplier invoices, goods receiving, stock movements, and inventory levels to ensure accuracy and cost efficiency.

  • Conduct regular inventory counts and reconcile physical stock with system records, investigating and reporting discrepancies.

  • Review food and beverage recipes, portion sizes, yields, and selling prices to support accurate food cost and beverage cost calculations.

  • Monitor wastage, spoilage, complimentary items, staff meals, and other cost-related transactions, ensuring proper documentation and control.

  • Review purchase requisitions, market lists, and stock requests in line with established procedures and operational requirements.

  • Work closely with Purchasing, Receiving, Store, Kitchen, Food & Beverage, and other operational departments to strengthen cost control practices.

  • Prepare daily, weekly, and monthly cost reports, including food cost, beverage cost, inventory variances, and consumption analyses.

  • Monitor menu engineering data and product profitability, providing insights to support pricing and cost optimization decisions.

  • Ensure compliance with inventory management procedures, internal controls, and company policies.

  • Identify potential cost-saving opportunities and recommend improvements to minimize losses and maximize operational efficiency.

  • Support month-end closing activities, inventory reconciliations, and internal and external audits.

  • Prepare regular reports and present cost-related findings and recommendations to the Finance and operational management teams.

Qualifications

  • Bachelor's degree in Finance, Accounting, Hospitality Management, or a related field.

  • Previous experience in cost control within the hospitality industry, preferably in a luxury hotel environment.

  • Strong knowledge of food and beverage cost control, inventory management, purchasing procedures, and stock reconciliation.

  • Familiarity with hotel management systems, inventory management software, and POS systems.

  • Proficiency in Microsoft Excel and financial reporting tools.

  • Strong analytical, numerical, and problem-solving skills.

  • High attention to detail, accuracy, and a strong sense of responsibility.

  • Good command of written and spoken English.

  • Strong communication skills and the ability to work effectively with both Finance and operational teams.

  • Ability to meet deadlines, manage multiple priorities, and maintain accurate records in a fast-paced hospitality environment.

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