Job Description

Food and Beverage Cost Controller will be responsible for overseeing the cost management and financial performance of food and beverage operations. This includes monitoring inventory levels, analyzing purchase costs, managing food and beverage wastage, and ensuring that financial targets are met while maintaining quality standards.

Cost Management:

• Monitor and control food and beverage costs to ensure profitability.
• Conduct regular audits of inventory and reconcile physical stock with recorded stock.
• Analyze food and beverage purchasing trends to identify cost-saving opportunities.
• Review and approve supplier invoices, ensuring accuracy and consistency with agreed prices.

Inventory Control:

• Maintain accurate records of food and beverage inventories.
• Work closely with kitchen and bar staff to track usage and prevent wastage.
• Perform regular stock counts (daily, weekly, monthly) and ensure they are aligned with system data.
• Implement and oversee the rotation of stock (FIFO - First In, First Out method).

Pricing and Budgeting:

• Assist in menu pricing by analyzing the cost of ingredients and portions.
• Work with the Food & Beverage Manager to set targets for food and beverage cost percentages.
• Help develop and manage the department's budget, ensuring it aligns with the overall business goals.

Financial Reporting and Analysis:

• Prepare detailed reports on food and beverage cost percentages, variances, and trends.
• Provide regular financial reports to management, including cost analysis and recommendations for improvement.
• Identify areas of overspending or inefficiency and suggest corrective actions.
• Analyze sales data to forecast trends and make adjustments to purchasing and pricing.

Waste Management:

• Monitor and control food and beverage waste.
• Investigate causes of high waste and work with relevant departments to reduce it.
• Implement strategies to minimize food spoilage and overproduction.

Supplier Relations:

• Establish and maintain relationships with food and beverage suppliers to ensure competitive pricing and reliable delivery.
• Negotiate contracts and pricing terms with suppliers.
• Ensure that the quality of products received meets company standards.

Compliance and Quality Control:

• Ensure that food and beverage operations comply with health, safety, and hygiene regulations.
• Maintain proper documentation for all food and beverage transactions.

Team Collaboration:

• Work closely with kitchen, bar, and service staff to ensure effective communication regarding stock, orders, and menu planning.
• Provide training to staff on inventory control and cost-saving practices.

System Management:

• Utilize inventory management systems to track stock levels, costs, and purchase orders.
• Ensure the accuracy of data in the system for reporting and analysis purposes.

Qualifications:

• Education: A degree or diploma in Hospitality Management, Culinary Arts, Business Administration, or a related field is preferred.

Experience:

• Proven experience in a cost control or food and beverage management role.
• Strong understanding of inventory management, food costing, and budgeting.
• Knowledge of accounting and financial reporting is a plus.

Skills:

• Analytical thinking and attention to detail.
• Strong communication and interpersonal skills.
• Proficiency in using spreadsheet software (e.g., Excel) and inventory management systems.
• Strong organizational and multitasking abilities.
• Ability to work under pressure and meet deadlines.

Working Conditions:

• Full-time position, with occasional evening or weekend shifts depending on business needs.
• Work may be conducted in a fast-paced environment, especially during peak hours.
• Physical work may be required for inventory checks and stock management.

Compensation:

• Competitive salary based on experience.
• Benefits may include health insurance, paid leave and others as per company policy

Job Type: Full-time

Experience:

• Food and Beverage Cost Controller: 5 years (Required)

Language:

• English (Required)