Cost Controller - FIVE Jumeirah Village

Job Description

An Exhilarating Opportunity

Are You Ready for a Daring Challenge with The World’s Hottest Luxury Hotel Group? Disruptive by Design, FIVE Hotels and Resorts is Redefining ‘FIVE-Star’ Hospitality and Setting the Gold Standard across the Industry.

Join the FIVE Tribe - and Get Ready to Make Waves.

The Candidate

A Driven Self-Starter, you have Excellent Communication, Leadership and Organisational Skills. As an Astute Creative and Critical Thinker, you can Conceptualise and Implement Innovative Solutions in a Fast-Paced Environment. Not even the Smallest Detail Escapes Your Keen Eye and You Execute Tasks Proactively with Precision and Finesse. A ‘Can-Do!’ Attitude Coupled with An Inherent Flair for Taking Ownership Makes You a Highly Motivated Go-Getter.

Your Outgoing and Approachable Nature enables you to Seamlessly Connect with other ‘FIVERs’ and key Stakeholders, ensuring that Their and Your Journey at FIVE is nothing short of Sensational. Joining our Finance Team as a Cost Controller will Empower you to deliver Exceptional Experiences across our award-winning Lifestyle Destinations. Jump on Board and Unlock your Potential in a Buzzing Environment that will take your Career to New Heights!

What We’re Looking For

• A minimum of 5-7 years of experience in Cost Control, preferably within a Finance or Accounting Environment.
• A Bachelor's Degree in Finance, Accounting, or a related field is preferred.
• ‘FIVE-Star’ knowledge of UAE Tax Regulations and Compliance Standards.
• Impeccable Communication Skills, both verbal and written, with fluency in English.
• Strong Business Acumen and Analytical Skills, with a remarkable Understanding of Financial Terminology and Document Types.
• Proficient in using Document Management Software and MS Office Applications.
• Superior Problem-Solving Skills and the competence to Exceed Expectations in dynamic and competitive operational environments.
• A hands-on attitude, fuelled by a ‘Can-Do!’ Spirit.

Key Responsibilities

• Conducts Month-End Inventories for Food and Beverages in Stores.
• Executes Spot Checks for Food and Beverage Concepts, Spa, and Boutique, adhering to FIVE’s policy with exquisite Precision.
• Ensures all Merchandise is Securely Stored in locked storage areas, meticulously Monitoring Security Controls for key access to such areas.
• Guarantees Proper Issuance of Food and Beverage Items from the Store seamlessly.
• Establishes and Maintains a ‘FIVE-Star’ Cost Allocation Transfer System for Food and Beverage, Accurately posting all inter-department Transfers between cost centres.
• Collaborates with the Purchasing Team on Pricing and Procurement issues, fostering a harmonious working Relationship.
• Creates and Updates chic Recipes (Food, Beverage, Special Costing), linking Micros to Material Controls to generate the monthly potential Food and Beverage Cost of Sales.
• Prepares Monthly Food and Beverage Cost Reports and month-end Reconciliation Reports with remarkable Accuracy.
• Prepares monthly Balance Sheet reconciliations, ensuring all details are meticulously accounted for.
• Conducts regular Spot Checks on Procedures for purchasing, receiving, storing, and issuing.
• Conducts regular Spot Checks for beverage par stocks for Stores and Outlets, ensuring freshness and quality.
• Verifies menu costing for Food and Beverage, ensuring Compliance with FIVE’s next-level Pricing Policy.
• Regularly Checks Store Items for expiry and freshness, maintaining an elevated Standard of Quality.
• Prepares Daily Flash Food Reports, providing timely and premium insights.
• Attends specific Banquet Functions to better control stock, ensuring a lavish experience for Guests.
• Reduces Spoilage by Monitoring and Optimising stock movement, maintaining an eco-friendly and sustainable approach.
• Monitors all Policies and Procedures to ensure full Compliance, maintaining FIVE’s award-winning standards.
• Highlights any Potential Challenges or Opportunities to improve Profitability to management, showcasing a visionary approach to business growth.
• Conducts Trainings for the Food and Beverage Team with the assistance of KIT (local Micros-Fidelio vendor), ensuring the FIVE Tribe is energised and knowledgeable.
• Maintains a close working Relationship with the Director of Food and Beverage, Executive Chef, and Purchasing Manager, Communicating any potential problems or opportunities to improve controls in their areas as they relate to Food and Beverage.
• Prepares any Reports as requested by Management, demonstrating first-in-class Efficiency and Accuracy.
• Performs any other Duties that may be Assigned from time to time by Management, showcasing flexibility and a proactive attitude.

The Team

‘FIVERs’ are Cultured yet Chic, Confident yet Self-Effacing, and Work Hard to Play even Harder. As a FIVE Tribe Member, you'll Personify the distinct ‘Vibe at FIVE’ and apply it to create Insta-Perfect Experiences for our Guests that keeps them Coming Back for More. If you Dream of being surrounded by Like-Minded Individuals who share your Passion for Delivering Unforgettable Moments that last a Lifetime – then Look No Further and Unleash your Next-Level Potential.

Sustainable Indulgence at FIVE

FIVE is a leader in Sustainable Luxury Hospitality and Entertainment, with 100% of its Dubai and Zurich hotels certified LEED Platinum, the highest green building rating globally. FIVE's Dubai properties run on 100% solar power through the UAE's only hotel I-REC Agreement with DEWA.

In 2023, FIVE Holdings received an 'A' ESG Rating from ISS, the world's highest ESG rating out of ISS' 7,000+ universe of rated entities. With the acquisition of the Pacha Group, FIVE Holdings will continue to scale its Sustainable Indulgence strategy into new frontiers, as The Group drives global 2050 Net Zero action, now.

An Equal Opportunity Employer

The FIVE Tribe represents over 80+ nationalities across its over 3000 ‘FIVERs.’ FIVE is Committed to Hiring a Diverse and Inclusive Workforce as an Equal-Opportunity Employer. Accordingly, FIVE does not discriminate based on disability, race, age, sex, gender, sexual orientation, ethnicity, religion or belief, nationality, marital status, or any other basis protected under national or local laws. Ranked 8th on the Great Workplaces in the UAE 2024 list of Large Organisations, the FIVE Tribe is more than a group of people working together – it is a Family bonded by common Values and Goals, Celebrating People, Culture and Diversity.

About FIVE Hotels and Resorts

FIVE Hotels and Resorts prides itself on being Disruptively Different and Daringly Unique. Our Growing Portfolio of Lavish Destinations in the UAE and Europe are the epitome of Glamour and Experiential Luxury, and it currently includes FIVE Palm Jumeirah, FIVE Jumeirah Village, FIVE Zurich, FIVE LUXE, and in 2025, Destino Pacha Hotel Ibiza will transform into FIVE Ibiza. Joining our Exceptional FIVE Tribe means you are part of a team who Breaks Boundaries and offers Unbeatable Next-Level Experiences at FIVE’s award-winning Hotels, Dining Concepts, and 360-Degree Immersive Nightlife Venues. As part of the Accomplished FIVE Tribe, you will be part of a group of High Achievers who Fearlessly Challenge Conventions on a Global Stage.