F&B Cost Controller

1 day 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.

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.

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