Cost Controller
The Ritz-Carlton Grand CaymanJOB SUMMARY
Cost Controller
Use technology to send, receive, and print out product requisitions. Order packaging, raw materials, and supplies as needed. Notify manager/supervisor of low stock levels in a timely manner. Complete requisition forms for inventory and supplies. Print, organize, and separate various necessary documents, summarize relevant information, and distribute information to appropriate employees. Organize and maintain filing systems. Monitor food, beverage, and general inventory costs, ensure controls are in place between the storeroom, receiving departments and between departments. Reconcile PO’s, invoices and receiving records. Work with receiving department and Manager of Internal controls on Reconciling shipping invoices and receiving reports to ensure count accuracy. Provide real time potential cost estimates for food and beverage, by outlet using direct purchases to outlets and the requisition system administered thru the storerooms with Marriott tools – Hot Shop Birch Street. Verifies outlet requisitions against sales records to support interdepartmental purchasing activities and storeroom requisitions. Audits and ensures financial partner with culinary team to produce and evaluate menu analysis and potential food cost reports. Performs daily spot checks of perpetual inventory in the storerooms, check and validate product is properly dated and rotated, report anomalies to superiors on the organization chart. Ensure appropriate PAR levels are approved and maintained within food and beverage storerooms and outlets including creating requisitions to replenish and increase approved PAR levels. Daily spot checks on high price items, items of spoilage, meat, poultry, seafood, fruits, and vegetables reporting any anomalies to the Director of Finance, Assistant Director of Finance, Manager of Internal Controls and operational leaders and ensuring resolution. Audit inventory movements, variance and report to the Director of Finance, Manager of Internal Controls and departments when variances occur. Support month-end inventory processes.
Oversee storeroom activities. Provide financial reports related to inventory usage. Identify opportunities to reduce waste or inefficiencies. Manage storage of inventory, receipt and issuance of stock and maintain real-time inventory records. Inventory portfolio covers around 4,000 various food items and 2,000 items selection of wine, liquor and beer. Must be able to work a flexible schedule; long hours, late evenings, shift work, split-shifts, weekends and public holidays. Must be physically fit and have the ability to move, lift, carry, push, pull, and place objects weighing less than or equal to 50 pounds without assistance. Complies with any reasonable requests as directed by senior leaders.
The ideal candidate will have:
• 2 years’ experience in Accounting, procurement and 2+ years in a management capacity in luxury hospitality required
• 4 year bachelor’s degree in Finance and Accounting, Business Administration, Hotel and Restaurant Management or related major
or related major
• Strong working knowledge of budgets, forecasting, profit and loss statements, etc
• Ability to communicate in English with guests, peers, employees and owners
• Ability to compute mathematic calculations with ease
• In-depth knowledge of all function of the Accounting Department
• Computer literate with Microsoft Office applications; advance Excel skills desired
• Experienced preferred with use of ADP, PeopleSoft, Adaco, HotShop, Birchstreet & Opera
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.
At more than 100 award-winning properties worldwide, The Ritz-Carlton Ladies and Gentlemen create experiences so exceptional that long after a guest stays with us, the experience stays with them. Attracting the world’s top hospitality professionals who curate lifelong memories, we believe that everyone succeeds when they are empowered to be creative, thoughtful and compassionate.
Every day, we set the standard for rare and special luxury service the world over and pride ourselves on delivering excellence in the care and comfort of our guests.
Your role will be to ensure that the “Gold Standards” of The Ritz-Carlton are delivered graciously and thoughtfully every day. The Gold Standards are the foundation of The Ritz-Carlton and are what guides us each day to be better than the next. It is this foundation and our belief that our culture drives success by which The Ritz Carlton has earned the reputation as a global brand leader in luxury hospitality. As part of our team, you will learn and exemplify the Gold Standards, such as our Employee Promise, Credo and our Service Values. And our promise to you is that we offer the chance to be proud of the work you do and who you work with.
In joining The Ritz-Carlton, you join a portfolio of brands with Marriott International. Be where you can do your best work, begin your purpose, belong to an amazing global team, and become the best version of you.