F&b Cost Controller

3 days ago

Indiranagar Bengaluru Karnataka, India Big Pitcher Full time

**Budgeting and Forecasting**:

- Develop and manage budgets for various departments, including food and beverage, kitchen, and maintenance.
- Forecast future expenses and revenues based on historical data and industry trends.

**Cost Analysis**:

- Regularly analyze costs and expenses to identify areas for improvement and cost-saving opportunities.
- Conduct variance analysis to compare actual costs against budgeted costs and identify discrepancies.

**Inventory Management**:

- Implement inventory control measures to optimize stock levels and minimize waste.
- Monitor inventory levels, conduct regular inventory counts, and implement inventory tracking systems.

**Purchasing and Procurement**:

- Source suppliers, negotiate contracts, and purchase goods and services at competitive prices while maintaining quality standards.
- Develop and maintain relationships with vendors to secure favorable terms and discounts.

**Menu Engineering**:

- Analyze menu items in terms of profitability and popularity.
- Adjust menu pricing and offerings based on cost analysis and customer demand to maximize revenue.

**Labor Management**:

- Optimize staff schedules, control overtime, and identify opportunities for cross-training and labor efficiency improvements.
- Monitor labor costs and identify strategies to minimize costs while maintaining service levels.

**Energy Efficiency**:

- Implement energy-saving measures to reduce utility costs, such as installing energy-efficient appliances and optimizing HVAC systems.
- Promote staff awareness of energy conservation practices.

**Compliance and Regulations**:

- Ensure compliance with relevant laws and regulations related to food safety, labor practices, and environmental standards.
- Stay informed about changes in regulations that may impact operations

**Data Analysis and Reporting**:

- Generate reports and provide analysis on key performance indicators (KPIs) such as food and beverage costs, labor costs, and profit margins.
- Use data to make informed decisions and drive continuous improvement.

**Qualifications**:

- Bachelor's degree in Accounting, Finance, Hospitality Management, or related field.
- Proven experience in cost control or financial management, preferably in the hospitality industry.
- Strong analytical skills with the ability to interpret financial data and identify trends.
- Excellent communication and negotiation skills.
- Proficiency in Microsoft Excel and other financial software.
- Attention to detail and ability to work under pressure in a fast-paced environment.

**Job Type**: Permanent

Pay: ₹20,000.00 - ₹40,000.00 per month

**Benefits**:

- Food provided
- Health insurance
- Provident Fund

Schedule:

- Rotational shift

**Experience**:

- F&B Cost control: 4 years (preferred)

Work Location: In person

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