Cost Controller
We invite you to become part of The Phoenicia Story
Work at The Phoenicia Malta
Why? Besides, being a historical 5-star gem, a cherished national treasure, and beloved local landmark, The Phoenicia Malta has been attracting stars, socialites and the crowned heads of Europe for over 70 years. All our guests and employees alike, are our very own ‘stars’, our pride and joy.
A career promise for the stars of the industry (past, present and future).
Our commitment to work is the fruit of a unique collaboration, and a truly professional philosophy. We are all about giving a beautiful part of ourselves in each aspect of our thriving hotel operations. We promise you, that it will be a seriously enriching growth experience. A career you will always be proud of. Discover more, today.
Personality & Role Profile
You are ambitious, passionate and energetic person. You will be an integral part of our dynamic team, primarily responsible for monitoring, analysing, and controlling Food and Beverage costs while also overseeing the tracking of all hotel costs. The role involves ensuring that the Materials Control System and Micros POS system are consistently updated with accurate pricing and cost data, particularly for Food and Beverage items. Additionally, the Cost Controller will monitor and analyse other hotel costs across departments, ensuring that operational, maintenance, and supply expenses are kept within budget. The Cost Controller collaborates closely with the Financial Controller to provide insights into cost-saving opportunities and support financial forecasting.
Essential Duties & Responsibilities
- Monitor and analyse Food and Beverage costs on a daily, weekly, and monthly basis to ensure they remain within budgeted targets.
- Ensure that all Food and Beverage menus are accurately costed and updated in the Materials Control System and Micros POS system.
- Analyse the cost of sales for Food and Beverage items, ensuring that recipes, portion control, and inventory levels are effectively managed.
- Perform regular inventory checks and spot checks of Food and Beverage stock to ensure accurate reporting and minimize discrepancies.
- Work closely with the Purchasing Manager to ensure that Food and Beverage purchases are in line with forecasted requirements and within the set budget.
- Monitor and analyse all hotel costs, including operational, supply, and utility costs, ensuring they align with financial goals and budget forecasts.
- Oversee cost control for non-food supplies, including operational equipment, cleaning materials, and guest amenities.
- Ensure that all non-food items are accurately recorded in the Materials Control system and linked to the appropriate departments, enabling accurate financial reporting.
- Provide insights and recommendations to the Financial Controller for improving cost control measures across all hotel departments.
- Ensure that inventory systems (including Materials Control) are accurately updated for all items—particularly Food and Beverage and guest-related goods.
- Perform regular audits to verify that inventory levels match actual stock and that discrepancies are promptly investigated.
- Prepare and present detailed cost reports to the Financial Controller, highlighting Food and Beverage costs and operational costs, along with recommendations for improvement.
- Conduct regular spot checks on stock levels and Food and Beverage usage, reporting any discrepancies to the Financial Controller.
- Assist the Purchasing Manager and the Financial Controller in evaluating supplier contracts and identifying cost-saving opportunities for both Food and Beverage and non-food items.
Desirable Experience, Qualifications, & Attributes
- Proven experience in cost control, financial analysis, and inventory management, with a focus on Food and Beverage and hotel-wide costs.
- Strong proficiency in Materials Control Software, Micros POS system, Microsoft Excel and other cost control and inventory management systems.
- Excellent analytical and numerical skills, with the ability to provide meaningful insights and recommendations for both Food and Beverage and other hotel costs.
- Strong diligence, with the ability to manage inventory systems and cost reporting across the hotel.
- Ability to collaborate effectively with various departments, including Purchasing, Finance, and Operations, to ensure seamless cost control processes.
- Strong organizational skills and the ability to manage multiple tasks and priorities in a fast-paced hotel environment.
Are you the one we are looking for?
Discover more about this exciting opportunity to join one of The Leading Hotels of the World.
The Phoenicia Malta offers a safe haven to connect to people, and embrace inspiring stories. We have been delivering exceptional service to guests from all over the world. Our ultimate goal is to be the most amazing place to stay in the Mediterranean, while offering you the chance to be very much, an integral part of ‘the family’. Our hotel is a proud member of The Leading Hotels of the World. And we want you to be part of it.
