Cost Controller

3 weeks ago


west bengal, India GLOBE CONSULTANT Full time

A reputed Company of Kuwait is looking for Cost Controller from F&B Industry


Food and Beverage Cost Controller is responsible for managing the costs associated with food and beverage operations within a hospitality setting such as a hotel, restaurant, or resort. Here is a detailed job description for this role:


Job Title : Food and Beverage Cost Controller


Job Summary:

The Food and Beverage Cost Controller is responsible for monitoring and controlling the food and beverage costs to ensure profitability and efficiency. This includes maintaining cost records, analyzing cost variances, conducting inventory checks, and collaborating with the purchasing department to optimize supplier contracts and purchasing processes.

  • Key Responsibilities:

1. *Cost Management:*

- Monitor daily food and beverage costs and compare them against budgeted targets.

- Analyze cost variances and identify areas for cost reduction.

- Prepare monthly food and beverage cost reports.


2. *Inventory Control:*

- Conduct regular physical inventory checks of all food and beverage supplies.

- Ensure proper stock rotation to minimize waste.

- Maintain accurate inventory records and reconcile discrepancies.


3. *Purchasing and Supplier Management:*

- Collaborate with the purchasing department to negotiate contracts and prices with suppliers.

- Review and approve purchase orders for food and beverage supplies.

- Ensure timely delivery and quality of purchased items.


4. *Menu Engineering:*

- Work with the kitchen and bar staff to develop cost-effective menu items.

- Analyze the profitability of menu items and recommend pricing strategies.

- Monitor portion sizes and waste to ensure cost efficiency.


5. *Financial Reporting:*

- Prepare and analyze daily, weekly, and monthly financial reports related to food and beverage costs.

- Provide insights and recommendations to senior management based on financial data.

- Assist in the preparation of annual budgets and forecasts.


6. *Compliance and Quality Control:*

- Ensure compliance with health and safety regulations related to food storage and handling.

- Implement and monitor internal controls to safeguard inventory and financial data.

- Conduct audits to ensure adherence to company policies and procedures.


7. *Training and Development:*

- Train staff on cost control procedures and best practices.

- Develop and implement cost control training programs for new employees.

- Provide ongoing support and guidance to the food and beverage team on cost management.


Qualifications:

- Bachelor’s degree in Accounting, Finance, Hospitality Management, or a related field.

- Proven experience as a cost controller or similar role


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