Financial Controller Specialist
22 hours ago
The Assistant F&B Controller is responsible for managing the financial aspects of the food and beverage department, ensuring accurate financial reporting, cost control, and inventory management. This role plays a critical part in maintaining the overall efficiency and profitability of F&B operations.
Key Responsibilities- Financial Management:
- Assist in preparing and managing the F&B budget, forecasts, and financial plans.
- Monitor and analyze financial performance to identify areas for improvement.
- Ensure accurate and timely reporting of financial data, including P&L statements, cost reports, and inventory valuations.
- Cost Control:
- Implement and monitor cost control systems and procedures to optimize expenses.
- Conduct regular cost audits and variance analysis to ensure adherence to budgets.
- Work closely with procurement to negotiate and manage supplier contracts to achieve cost savings.
- Inventory Management:
- Oversee inventory control processes, including ordering, receiving, and storage of F&B items.
- Conduct regular physical inventory counts and reconcile discrepancies.
- Ensure proper stock levels to meet operational needs while minimizing waste and spoilage.
- Operational Support:
- Collaborate with the culinary and service teams to ensure efficient operations and customer satisfaction.
- Provide financial insights and recommendations to improve menu pricing and profitability.
- Support the implementation of new F&B initiatives and promotions.
- Compliance and Standards:
- Ensure compliance with all relevant health, safety, and regulatory requirements.
- Maintain accurate records and documentation for audits and inspections.
- Implement and enforce standard operating procedures and best practices.
- Team Management:
- Assist in recruiting, training, and mentoring F&B staff.
- Conduct performance reviews and provide feedback to team members.
- Foster a positive and collaborative work environment.
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