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F&b Cost Controller
1 week ago
**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 decision-making.
- 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.
- In-depth understanding of Food & Beverage operations and Cost Controlling in F&B Industry
- Hands-on 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: AED6,000.00 - AED11,000.00 per month
**Experience**:
- Cost Control: 5 years (preferred)
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