Assistant Manager Cost Controller (F&B and Hospitality)

About Plaza Premium Group

Plaza Premium Group, established in Hong Kong in 1998, is a leader in global airport hospitality, operating in over 200 locations across more than 60 international airports. The company focuses on "Making Travel Better" and spans four core business segments: airport lounges, airport terminal hotels, airport meet & greet services, and airport dining concepts. In addition to its own brands, PPG provides airport hospitality solutions to leading airlines, alliances, and corporates globally, and has developed Smart Traveler, a mobile-app rewards program.

The Role: Assistant Manager Cost Controller (F&B and Hospitality)

Plaza Premium Group is seeking an Assistant Manager Cost Controller specializing in F&B and Hospitality to join its team in Jeddah, Makkah, Saudi Arabia. This full-time role requires a professional with 5-10 years of experience to manage and analyze F&B costs, ensuring financial accuracy and operational efficiency within the hospitality sector.

Key Responsibilities

• Monitor and analyze weekly and monthly F&B costs, including consumptions, purchase price variances, and other key cost indicators.
• Prepare F&B cost control and inventory reports, highlighting significant variances, trends, and areas requiring management attention.
• Monitor physical stock counts and reconcile inventory balances between physical stock and system records.
• Investigate inventory variances, abnormal stock movements, negative stock, wastage, breakages, transfers, and inventory adjustments.
• Monitor purchasing and receiving activities, including Purchase Orders, Delivery Notes, GRNs, invoice matching, and outstanding transactions.
• Review supplier pricing and quotation comparisons, highlighting significant price changes or purchasing discrepancies.
• Maintain and monitor recipe costing to ensure accurate reflection of products, UOMs, quantities, and costs.
• Support menu pricing and profitability reviews by verifying recipe accuracy, proposed selling prices, and profit margins.
• Identify duplicate, obsolete, inactive, or incorrectly created products and coordinate with Procurement and Operations for corrective action.
• Monitor stock holding, stock turnover, slow-moving items, and potential obsolete inventory.
• Ensure compliance with Cost Control Operating Manuals, procedures, and internal control requirements.
• Conduct periodic process reviews and follow up with operational teams on identified control gaps and corrective actions.
• Provide practical cost control guidance to operational teams and support continuous improvement of F&B cost control processes.
• Assist with the implementation of new cost control processes, Operating Manuals, and training initiatives.
• Ensure all cost control activities, reports, reconciliations, and supporting documentation are completed accurately and within required timelines.
• Identify opportunities to improve cost efficiency, strengthen internal controls, reduce unnecessary costs, and improve overall F&B profitability.

Qualifications and Requirements

• Saudi nationality is preferred, subject to applicable Saudization requirements.
• Must hold a valid SOCPA membership or professional registration, where required by the applicable Saudi professional classification.
• Minimum Bachelor's Degree in Finance, Accounting, or a related field.
• Minimum 5 years of working experience in a similar position.
• Experience in receiving, store management, and hotel operations is an advantage.

Required Skills

• Good verbal and written communication skills.
• Strong analytical and reporting skills.
• Ability to multitask and work effectively in a fast-paced environment.
• Good knowledge and hands-on experience using Check SCM is mandatory, including F&B POS systems.
• High level of attention to detail.
• Ability to work independently and collaborate effectively with others to promote a strong teamwork environment.

Work Environment

This full-time position is based in Jeddah, Makkah, Saudi Arabia, within a dynamic global organization focused on enhancing the travel experience.