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The Ned City of London Purchasing

Our Cost Controller plays a pivotal role supporting the operation in managing and optimising financial performance to ensure we stay on budget and on track.

Do you want to join one of the best places to work in hospitality?

What’s the role?

Cost Controller

Where will you be working?

Situated in the heart of the City, in the former Midland Bank headquarters, The Ned houses Ned’s Club, a private members’ space, gym and rooftop, alongside a public spa, ten restaurants and bars and 250 hotel bedrooms.

As an integral part of the finance team, reporting to the Head of Purchasing you will:

• Monitoring daily revenues and costs and prepare weekly/monthly food and beverage cost reports, reconciling all activities
• Leading weekly cost meetings, analysing data, and investigating discrepancies between actual and theoretical results, reporting findings and potential improvements to management
• Maintaining the purchasing system (Adaco) and POS system (Micros), ensuring accurate recipes, PLUs, prices, and timely updates
• Coordinating monthly inventory processes for all F&B outlets and Spa including reconciliation and variance analysis
• Conducting cost analysis based on purchases/sales, prepare financial and purchasing-related reports, and monitor sales trends to advise on cost-saving and profit-maximizing opportunities

What can The Ned give you?

• Salary of £45,000 per year
• Complimentary meals in our friendly team restaurant, Neddy’s, including monthly payday breakfast
• Exciting learning and development programmes to help progress your career
• Exclusive rates at The Ned for staying and eating for you, your family and friends
• Wellbeing and health benefits, including Reward Gateway and Wagestream, with access to gym, shopping, and cinema discounts
• Your birthday off after a year of service and more holiday after five years
• Paid volunteer day
• Refer a friend scheme of up to £1,000
• Regular social events, including an annual pool party
• Employee assistance programme – 24/7 advice and support
• Reward and recognition initiatives

At The Ned, we don't just celebrate our diversity, we challenge ourselves to do even better. The Ned is committed to being the best place to work, and ensuring that we have a leading diversity, equity and inclusion programme is central to making that vision a reality.

Please let us know of any specific needs you may have during your interview.

All candidates must be eligible to live and work in the UK to be considered for this role.

Apply today and join us as a Cost Controller.

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