F&b Cost Controller

2 weeks ago


Abu Dhabi, Abu Dhabi, United Arab Emirates EC2 Consulting Solutions Full time

Essential Duties:

  • Monitor and analyze all costs related to food, beverages, supplies, and other operational
expenses.

  • Identify areas of cost overruns or inefficiencies and recommend corrective actions.
  • Prepare regular cost reports, including cost and inventory variance analysis and comparisons against budgeted targets.
  • Provide accurate and timely financial data to management for informed decisionmaking.
  • Develop and implement inventory control procedures to track and maintain optimal inventory levels.
  • Conduct regular inventory audits to ensure accuracy and minimize stock discrepancies.
  • Coordinate with kitchen and procurement teams to optimize stock rotation and minimize
wastage.

  • Monitor wastage levels to find the reason and reduce the same.
  • Recommend and implement measures to reduce food and beverage costs, such as portion control and recipe standardization and SOP's.
  • Identify opportunities to streamline processes and eliminate unnecessary expenses.
  • Monitor pricing and negotiate with suppliers to ensure competitive rates and quality products.
  • Track actual financial performance against budgeted targets, identifying deviations and
proposing corrective actions.

  • Provide input and financial insights into menu pricing decisions including menu Engineering and analysis.
  • Train and educate staff on cost control procedures and best practices.

Qualifications & Experience:

  • Minimum experience of 5 years in the same field
  • Thorough knowledge of Cost Accounting procedures.
  • Indepth understanding of Food & Beverage operations and Cost Controlling in F&B Industry
  • Handson experience with accounting software packages, like Microsoft Dynamics.
  • Advanced MS Excel skills including VLOOKUP's and pivot tables.

Education:

  • A bachelor's degree in accounting, Finance, or Hotel/Hospitality Management.
  • Professional certification such as CMA/ICWA Preferred

Pay:
AED6, AED11,000.00 per month

Experience:

Cost Control: 5 years (preferred)
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