Job Description

Job Summary:

We are seeking a meticulous and results-driven

Food & Beverage Cost Controller

to join our team. This role is crucial in monitoring and controlling the costs of all food and beverage operations in the hotel to ensure profitability and operational efficiency. The ideal candidate will possess a deep understanding of inventory management, cost analysis, and F&B operations in a hospitality setting.

Cost Monitoring & Control:

Track and control food and beverage costs, ensuring they remain within budgeted targets. Analyze daily F&B revenues and costs for discrepancies and provide actionable insights.

Inventory Management:

Oversee and audit inventory procedures for all F&B outlets. Ensure timely and accurate stock counts and reconciliations. Monitor stock turnover rates to reduce waste and spoilage.

Recipe Costing & Standardization:

Maintain and update accurate recipe costings, including yield analysis and portion control. Ensure menu items are cost-effective and align with profitability goals.Collaborate with purchasing and receiving departments to verify order accuracy, pricing, and quality. Ensure proper procedures are followed for receiving goods and issuing to outlets.Investigate wastage, pilferage, and inefficient processes. Recommend corrective actions to reduce loss and improve operational efficiency.Prepare daily, weekly, and monthly reports on F&B costs, stock variances, cost of sales, and profit margins. Present findings and recommendations to the CFO and management.Ensure accuracy of data in POS and inventory systems. Monitor integration between systems (POS, inventory, accounting) for consistency and reliability.Assist in developing departmental budgets and forecasts for F&B. Compare actual vs. budgeted performance and identify areas of concern.Implement and monitor internal controls in all areas related to cost control. Ensure adherence to company policies and statutory regulations.Train F&B staff on procedures related to inventory, waste management, and cost awareness. Promote a cost-conscious culture across departments.Regularly review market prices for key commodities. Suggest alternative vendors or ingredient substitutions when necessary to control costs.Work closely with chefs and outlet managers to ensure menu offerings align with cost targets without compromising quality.

Qualifications :

Purchasing & Receiving Coordination. Waste & Loss Analysis. Reporting. System Oversight. Budget Support. Compliance & Controls. Training & Support. Market Price Monitoring. Collaboration with Culinary & Service Teams.

Skills :

Bachelor's degree in Finance, Accounting, Hospitality Management, or related field. Minimum 8-10 years of relevant experience in cost control within a hotel or hospitality environment. Strong analytical and numerical skills. Proficiency in MS Excel and financial software Excellent communication and teamwork skills. High attention to detail and strong organizational abilities. Familiarity with food hygiene standards and inventory best practices.

Benefits:

Competitive salary Health and wellness benefits Employee meals and hotel discounts Career growth opportunities in a reputable hospitality group
Job Types: Full-time, Permanent

Benefits:

Cell phone reimbursement Food provided Health insurance Provident Fund
Schedule:

Day shift
Supplemental Pay:

Yearly bonus
Work Location: In person

Expected Start Date: 01/06/2025