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Cost Controller cum storekeeper - Time Out Market(AUH) - C2i

Cost Controller cum storekeeper - Time Out Market(AUH) - C2i

c2i
  • Posted 3 hours ago
  • Be among the first 10 applicants

Job Description


C2i is recruiting for Time Out Market, to build the team behind one of Abu Dhabi's most anticipated openings. We're looking for passionate professionals to join us as we prepare to open Abu Dhabi's first Time Out Market — a vibrant new destination for food, culture and entertainment under one roof!

ABOUT THE ROLE

We love what we do – and it shows! Time Out Market is the division of Time Out that brings our food and cultural experiences to life for our guests, readers and clients. We are opening a new Time Out Market in Abu Dhabi in conjunction with our partners, C2i, under a management agreement.

The Cost Controller / Procurement will own cost control across the Market. We are looking for an experienced finance professional who can keep a robust grip on food and beverage costs and give management the analysis they need to buy better, price better and protect margin.

WHAT YOU'LL DO

  • Keep a robust control over food and beverage costs
  • Control the F&B outlets in terms of wastage, pilferage and efficiency
  • Prepare variance analysis for food and beverage and communicate findings with relevant parties
  • Update and maintain goods receipts into the systems
  • Check and verify voids, discounts, happy hour discounts and all settlements on the POS systems
  • Check the cost of sales in all F&B outlets and ensure costs are within budget
  • Check menu pricing on the POS systems and ensure the correct prices are loaded
  • Continuously study weaknesses in F&B control implemented at the Market and provide suggestions for improvement
  • Check the daily F&B revenues report submitted by income audit for accuracy of covers and average check
  • Carry out surprise spot checks at all F&B outlets
  • Prepare the daily and monthly cost reports in relation to cost of sales
  • Prepare menu engineering defining profitability and popularity of menu items
  • Prepare the Potential Cost Report justifying COGS
  • Prepare ABC analysis of high-value, high-consumption items for future negotiations
  • Prepare the EOQ model for ordering of items
  • Update recipes, pricing and items in the stock control system
  • Run monthly F&B stock takes and updates
  • Act as custodian of Fixed Asset and FF&E items, conducting quarterly FF&E stock counts
  • Work and communicate closely with the finance team and wider Market Management team
  • Complete various monthly reconciliations
  • Prepare ad hoc reports as requested by Management

WHAT WE'RE LOOKING FOR

  • Business degree with experience working within a finance team
  • Good analytical and reasoning skills
  • Strong interpersonal and communication skills
  • Ability to relate to an international audience
  • Possession of state required work card
  • Proof of eligibility to work in the United Arab Emirates

WHAT WE LOOK FOR IN A CANDIDATE

Time Out is a company filled with individuals as diverse as the cities we live in and cover. At the same time there are common characteristics and values we all share. To join our team, you'll want to:

  • Be commercially astute
  • Either have experience at, or want to dive headfirst into, a fast-paced digital-first company
  • Think globally
  • Have excellent communication and relationship building skills
  • Have a high sense of ownership, urgency and drive
  • Be a team player

OUR CULTURE

At Time Out Group we believe in diversity, inclusion and equal opportunity for all people. We do not discriminate against external or internal candidates on the basis of age; disability; gender reassignment; race; religion or belief; sex; sexual orientation; marriage and civil partnership; or pregnancy and maternity. We believe in an open culture where ideas are shared candidly and where there is no fear of failure. We believe in an open world and the pursuit of happiness — after all, we are in the happiness business.

Apply now!

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Key Skills

Stock takes

Monthly reconciliations

EOQ model

Menu pricing

ABC analysis

Stock control system

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