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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