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F&B Cost Controller

2 months ago

jaipur, India Anantara Full time
Job Description

As the F&B Cost Controller, you will be responsible for ensuring the efficient management and optimization of food and beverage (F&B) operations at Fairmont Mumbai. You will work closely with the F&B management team to implement controls, analyze performance, and identify opportunities for improvement to enhance guest satisfaction and maximize profitability.

Key Responsibilities:

  • Inventory Management: Oversee the procurement, storage, and issuance of F&B inventory, including raw materials, supplies, and finished products, to minimize waste and control costs.
  • Cost Control: Implement cost control measures and monitor expenses related to F&B operations, including food costs, beverage costs, and operating expenses, to ensure adherence to budgetary constraints and maximize profitability.
  • Menu Engineering: Collaborate with the culinary team and F&B managers to analyze menu performance, identify high-margin items, and optimize menu offerings to enhance revenue and profitability.
  • Pricing Strategy: Assist in the development of pricing strategies for F&B products and services, taking into account market trends, competitive positioning, and cost considerations to maximize revenue and profitability.
  • Revenue Analysis: Analyze F&B revenue streams, sales trends, and performance metrics to identify opportunities for revenue enhancement and cost optimization.
  • Internal Controls: Establish and enforce internal controls and procedures for F&B operations to safeguard assets, prevent fraud, and ensure compliance with company policies and regulatory requirements.
  • Quality Assurance: Monitor F&B quality standards, hygiene practices, and guest satisfaction levels to maintain high-quality standards and uphold the Fairmont brand reputation.
  • Training and Education: Conduct training sessions for F&B staff on controls, procedures, and best practices to ensure adherence to standards and optimize operational efficiency.
  • Reporting and Analysis: Prepare regular reports and analysis on F&B performance, including cost analysis, variance analysis, and profitability reports, for management review and decision-making.

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Qualifications
  • Bachelor's degree in Hospitality Management, Business Administration, Finance, or related field.
  • Minimum of 2-3 years of experience in F&B controls, cost control, or related roles, preferably in the hospitality industry.
  • Strong knowledge of F&B operations, inventory management, and cost control principles.
  • Excellent analytical skills with the ability to interpret financial data, analyze performance metrics, and develop actionable insights.
  • Proficiency in Microsoft Excel and other relevant software applications.
  • Excellent communication, interpersonal, and organizational skills.
  • Detail-oriented with a focus on accuracy and precision in data analysis and reporting.
  • Ability to work independently, prioritize tasks, and meet deadlines in a fast-paced environment.