Cost Controller – Food & Beverage

About the role

Rixos Tersane Istanbul is part of the Tersane Istanbul waterfront destination project, which combines hospitality, lifestyle, culture, gastronomy, retail and entertainment. As part of its growth, the Finance team is looking for a detail-oriented, analytical and proactive Cost Controller to monitor and control food, beverage and other operational costs.

Key responsibilities

• Monitor and control food, beverage and other operational costs against budgets and cost standards.
• Analyse costs regularly and investigate variances between actual costs, budgets and theoretical consumption.
• Review purchasing prices, supplier invoices, goods receiving, stock movements and inventory levels.
• Conduct regular inventory counts and reconcile physical stock with system records, reporting discrepancies.
• Review recipes, portion sizes, yields and selling prices to support accurate food and beverage cost calculations.
• Monitor wastage, spoilage, complimentary items, staff meals and other cost-related transactions.
• Review purchase requisitions, market lists and stock requests in line with procedures.
• Work with Purchasing, Receiving, Store, Kitchen, Food & Beverage and other departments on cost control.
• Prepare daily, weekly and monthly cost reports, including food cost, beverage cost, inventory variances and consumption analyses.
• Monitor menu engineering data and product profitability to support pricing and cost optimisation.
• Ensure compliance with inventory procedures, internal controls and company policies, and support month-end closing, reconciliations and audits.
• Identify cost-saving opportunities and present findings to Finance and operational management.

Required profile

• Bachelor's degree in Finance, Accounting, Hospitality Management or a related field.
• Previous cost control experience in hospitality, preferably in a luxury hotel.
• Strong knowledge of food and beverage cost control, inventory management, purchasing and stock reconciliation.
• Good command of written and spoken English and strong communication skills.
• Ability to meet deadlines, manage several priorities and keep accurate records in a fast-paced environment.

Required skills

• Familiarity with hotel management systems, inventory software and POS systems.
• Proficiency in Microsoft Excel and financial reporting tools.
• Strong analytical, numerical and problem-solving skills.