Cost Controller

Fairmont Hotels & Resorts

Join a dynamic team and be part of a network of 90 spectacular properties, and 34 more in the pipeline, in 30 countries around the globe. Our properties are located from the beaches of Hawaii to the unspoiled national parks of Canada, to the heart of London, to the deserts of the United Arab Emirates.

About Fairmont Southampton

Are you ready to join a team that thrives on excellence and embraces limitless potential? Fairmont Southampton, Bermuda’s largest resort, invites exceptional individuals to be part of our award-winning team and shape the future of hospitality.

Following a multi-million-dollar renovation, our 593-room resort is Bermuda's largest, featuring nine restaurants, a 30,000-square-foot spa, an 18-hole par three golf course and a captivating Beach Club. Opportunities for growth and success are boundless.

Our culture emphasizes respect, teamwork, and professionalism, supported by comprehensive benefits. Join our diverse and inclusive team, where your unique talents and perspectives are celebrated. Dare to go beyond the ordinary, unlock your potential and make a lasting impact at Fairmont Southampton. Together, let's create memories that exceed expectations. #BeLimitless

About the Application Process:

At Fairmont, we want to bring out your highest potential. Shortly after applying, you will receive an email from our partner AssessFirst prompting you to create a profile and complete a questionnaire. This is a mandatory step for your candidacy to be considered as it enables us to explore your compatibility with this role and our culture of luxury excellence.

We invite you to join the world of luxury hospitality at Fairmont Southampton as our new Cost Controller. The Cost Controller reports to the Director, Finance & Business Support and supports the Purchasing Department in establishing and maintaining effective cost control and inventory management systems during the hotel’s pre-opening phase and ongoing operations, with a primary focus on Food & Beverage cost control.

Working closely with the Director of Purchasing, Finance team, and Food & Beverage leadership, this role will be responsible for developing cost control procedures, inventory systems, and reporting processes from the ground up to support the successful reopening of the resort.

This position plays a critical role in ensuring accurate inventory management, effective purchasing controls, and strong financial oversight of Food & Beverage operations within a large, multi-outlet resort environment.

Key Responsibilities

Pre-Opening & Systems Development

• Assist in the setup and configuration of inventory and procurement systems, including GAIA and BirchStreet, for accurate cost control, inventory management, and reporting.
• Develop inventory procedures and documentation for Food & Beverage and operating supplies.
• Support the setup of inventory and cost control systems within hotel software platforms.
• Establish receiving and stock control procedures in coordination with the Director of Purchasing.
• Assist with initial inventory setup and stock organization.
• Work with Food & Beverage leadership to establish recipe and menu costing standards.
• Develop reporting tools and tracking methods for Food & Beverage costs.
• Support procurement tracking during the pre-opening and renovation phases.

Food & Beverage Cost Control

• Monitor and analyze Food & Beverage costs to ensure alignment with budget goals and key performance indicators (KPIs); identify areas for cost improvement.
• Prepare Food & Beverage cost reports and investigate cost variances.
• Review and maintain recipe and menu costing.
• Work closely with Culinary and Food & Beverage leadership to improve cost efficiency and minimize waste.
• Monitor pricing and usage trends.
• Identify cost-saving opportunities and operational improvements.

Inventory & Stock Control

• Establish and maintain inventory control procedures for Food & Beverage and operating supplies.
• Conduct and supervise regular inventory counts including month-end inventories.
• Maintain accurate inventory records and investigate discrepancies.
• Monitor stock levels to ensure operational readiness.
• Ensure proper storage and stock rotation procedures are followed.
• Monitor slow-moving or obsolete inventory.
• Maintain accurate inventory and costing data within the GAIA system.

Purchasing Controls & Compliance

• Work closely with the Director of Purchasing to ensure purchasing procedures are followed.
• Verify that goods received match purchase orders and supplier invoices.
• Monitor supplier pricing and cost fluctuations.
• Ensure proper documentation and approvals for all purchases.
• Support purchasing compliance and internal controls.

Reporting & Analysis

• Develop and maintain Food & Beverage cost reporting.
• Track key performance indicators including Food Cost %, Beverage Cost %, inventory variance, and waste levels.
• Provide cost analysis and recommendations to support operational decision-making.
• Responsible for budgeting and forecasting processes.
• Support month-end inventory reporting and reconciliation.

Education

• Degree or diploma in Accounting, Finance, Supply Chain Management, Hospitality Management, or related field preferred

Experience

• Minimum 3–5 years of experience in cost control, inventory control, or purchasing
• Hotel or resort experience strongly preferred
• Food & Beverage cost control experience required
• Hotel pre-opening experience strongly preferred
• Experience working in a multi-outlet Food & Beverage environment preferred

Competencies, Knowledge & Skills

• Strong understanding of Food & Beverage cost control and inventory management
• Knowledge of purchasing procedures and inventory controls
• Strong analytical and problem-solving skills
• Advanced Microsoft Excel skills preferred
• Strong organizational and time management skills
• Strong attention to detail and accuracy
• Ability to manage multiple priorities and deadlines
• Excellent communication and interpersonal skills
• Experience with inventory and procurement systems such as GAIA or BirchStreet preferred.

Personal Attributes, Culture & Values

• Embrace the Fairmont brand promise and luxury in your role and in all your interactions.
• Foster an inclusive environment where every individual feels valued and respected.
• Create an environment where colleagues are empowered, supported and recognized .

Employee Benefits:

Join our team and enjoy a range of exclusive colleague perks, including complimentary upgrades, extended stays, discounted stays across Fairmont & Raffles properties, special dining and wellness discounts, and added luxuries to enhance your experience. We believe in taking care of our team, ensuring that your hard work is rewarded with exceptional benefits. Add any other benefits relevant to your property.

What’s in it for you?

As part of Accor, a global hospitality leader with over 5,500 hotels worldwide, you’ll enjoy:

• Opportunities for growth and development, mentorship, and international mobility
• Health insurance, retirement savings plans, and comprehensive wellness programs
• Worldwide travel discounts and preferred rates across the Accor portfolio
• A supportive, inclusive culture grounded in respect, teamwork, and professional development

Start your journey with us today and explore the possibilities! #BeLimitless

Our Values

Respect: We value the needs, ideas and individuality of others. We treat everyone with fairness and dignity.

Excellence: We make genuine connections, and we cherish every opportunity to make the people around us feel special.

Belonging: We celebrate our differences. We support each other and we always stand together.

Empowerment: We have authority to take initiative and anticipate moments that create unforgettable experiences.

Integrity: We build trust through mutual respect and being authentic.

Your team and working environment:

Fairmont Southampton is a premier luxury resort and regarded as a leader in the hospitality industry.  Our mission is to turn moments into memories for our Guests.  An exciting hospitality career awaits you if you are committed to providing our Guests with an authentically local experience through providing warm and engaging service.

Our Heartists work cohesively as part of the team in a demanding, multi-cultural diverse environment.

Our commitment to Diversity & Inclusion:

Fairmont is committed to creating an inclusive environment where diverse talent thrives. We welcome candidates from all backgrounds to join our team