Cost Controller (Pre-Opening)

About us

InterContinental Hotels & Resorts has delighted luxury travellers since 1946, serving as a meeting place for heads of state, a setting for world-changing speeches, and the impetus for some of the most famous love stories of all time.

The brand has become synonymous with bold exploration, travel, and cultural discovery. The InterContinental The Red Sea Resort exemplifies these attributes. Set within one of the world’s most ambitious luxury tourism developments amidst an archipelago of over 90 pristine islands, the hotel  offers guests sweeping views of the ocean and a discreet barefoot luxury immersed in nature experience.

Each of the resort’s 210 sea-facing rooms provides immediate beach access; allowing guests to step out on to the sands of the Red Sea from the terrace. Moreover, the resort features seven different gastronomic experiences, sprawling pools and recreational facilities, a spa, a health club and curated meetings and events spaces for leisure, business travellers and groups.

With the worldliness that travel brings, every stay will take your imagination to places you’d never expect.

Cost Controller

Every day is different, but you’ll mostly be:

• Implement necessary procedures for cost control.
• Calculate F&B cost ratios and propose corrective actions.
• Manage the creation, updating, or deletion of items in the stock management software.
• Update supplier prices in the database.
• Assist all internal hotel stakeholders in defining and validating purchasing needs.
• Ensure competitive intelligence and regular benchmarking of suppliers and products/services in partnership with the Group Purchasing Department.
• Ensure that duty meal checks and F&B entertainment checks are processed in line with established procedures, preparing a daily entertainment report in the Income Auditor's absence.
• Calculate the cost of all recipes, inter-kitchen transfers, and food and beverage consumed by hotel employees.
• Oversee updates to F&B menu items in the POS system, maintaining independent control of restaurant and bar menus.
• Establish and enforce a min/max par stock management system, ensuring strict compliance by all relevant parties.
• Verify that all goods received and issued from the hotel’s main stores are accurately documented and accounted for.
• Conduct daily and monthly food and beverage reconciliations using POS-generated sales analysis reports, explaining any discrepancies.
• Perform monthly physical inventory counts of warehouse and operational stocks, ensuring strict adherence to hotel procedures, with final balances reconciled against the general ledger.
• Prepare daily and monthly F&B cost reports, providing detailed analyses of exceptional variances, cost trends, slow-moving items, breakages, and losses.
• Coordinate with the Chief Steward, F&B, and housekeeping teams to conduct biannual counts of operating equipment for accurate inventory tracking.

Qualifications

• Minimum 5 years of experience, ideally in hotel accounting.
• Rigorous, methodical, and recognized for your ability to work in a team and build trust.
• Knowledge of Micros Symphony software is a plus.

What you can expect from us

We give our people everything they need to succeed. From a competitive salary that rewards all your hard work to a wide range of benefits designed to help you live your best work life – including a full uniform, impressive room discounts and some of the best training in the business. 

Our mission is to welcome everyone and create inclusive teams where we celebrate difference and encourage colleagues to bring their whole selves to work. IHG Hotels & Resorts provides equal employment opportunities to applicants and employees without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or disability. We promote a culture of trust, support, and acceptance. Always welcoming different backgrounds, experiences, and perspectives. 

IHG gives every member of the team the room they need to belong, grow and make a difference in a collaborative environment. We know that to work well, we need to feel well – both inside and outside of work – and through our myWellbeing framework, we are committed to supporting wellbeing in your health, lifestyle, and workplace. 

So, join us and you’ll become part of our ever-growing global family.