Cost Controller at Minor International

, South Ari Atoll, Maldives -

Full Time

Start Date

Immediate

Expiry Date

06 Jun, 26

Salary

0.0

Posted On

08 Mar, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Cost Control, Inventory Management, Financial Controls, Stock Management, Variance Analysis, Internal Controls, Cost Reporting, Audit Standards, Material Control (MC), Simphony, F&B Cost Control, Analytical Skills, Microsoft Excel, Compliance, Stock Rotation, Month-End Closing

Industry

Hospitality

Description

Company Description Minor Hotels owns, manages and operates a diverse portfolio of over 560+ hotels, resorts and branded residences across 56 countries. Flexible and adaptive to market trends, we drive growth through our eight hotel brands, alongside a collection of related hospitality businesses and strategic partnerships with other leading hotel brands worldwide. NH Maldives Kuda Rah Resort offers the perfect blend of relaxation and adventure. Lounge by the pool in your overwater villa, swim in our crystal-clear lagoon and enjoy signature treatments at our spa. Discover world-class dive sites, then unwind with delicious dining and chilled cocktails as the stars light up the night sky. Welcome to your island paradise. Job Description Please note that this is not an exhaustive list of duties. NH Maldives Kuda Rah team members are expected to be flexible and proactive in supporting the resort, colleagues, and business objectives. Within this scope, the key responsibilities of this position include monitoring and controlling operational costs, ensuring accurate inventory and stock management, maintaining financial controls and compliance, and supporting daily finance operations in line with resort and Minor Hotels standards. Monitor and control food, beverage, and operating supply costs across all departments. Conduct daily, weekly, and monthly inventory counts for F&B, stores, engineering, and other operational areas. Reconcile physical stock counts against system balances and investigate variances in a timely manner. Review receiving reports, purchase requisitions, purchase orders, and supplier invoices to ensure accuracy, pricing compliance, and proper authorization. Ensure correct coding of inventory items and expenses in the accounting system. Maintain effective internal controls to safeguard company assets and prevent loss, wastage, or misuse. Prepare cost reports, variance analysis, and inventory summaries for management review. Support department heads by providing cost data, usage trends, and recommendations for cost efficiency. Ensure adherence to Minor Hotels’ financial policies, procedures, and audit standards. Coordinate with Finance, Purchasing, Stores, and F&B teams to ensure smooth daily operations. Support internal and external audits by providing accurate records and documentation. Monitor par stock levels and recommend adjustments based on consumption patterns and operational needs. Assist in month-end closing activities related to inventory and cost control. Ensure proper storage conditions and stock rotation practices (FIFO/FEFO) are followed. Perform any other reasonable duties as assigned in line with business requirements. Qualifications Diploma or bachelor’s degree in accounting, Finance, Hospitality Management, or a related field. Minimum 2–5 years of experience in cost control, cost accounting, or financial analysis within a hotel or resort environment. Partly qualified in CMA and/or ACCA is required. Prior experience in a Storekeeper role is an added advantage, with a strong understanding of inventory handling and stock movement. Hands-on experience with Material Control (MC) systems and their related functions. Practical working knowledge of POS systems, preferably Simphony, including reporting and interface controls. Strong understanding of food and beverage cost control and inventory management processes. Good analytical skills with strong attention to detail and accuracy. Proficient in Microsoft Excel and financial reporting tools. Ability to work independently while collaborating effectively with operational teams. High level of integrity and compliance with financial controls and Minor Hotels standards. Must currently hold the role applying for Should have qualifications matching to position applying for Trackable references to support the role applied for Additional Information Always a Pleasure, Always Convenient, Always Trustworthy & Always Fulfilling Company Location: NH Maldives Kuda Rah Resort

Responsibilities

The key responsibilities involve monitoring and controlling operational costs, ensuring accurate inventory and stock management across various departments like F&B and engineering. This includes conducting regular inventory counts, reconciling stock, reviewing purchasing documentation, and maintaining financial controls in line with company standards.