The Cost Controller is responsible for the overall stocktaking of food, beverages, cleaning, operational and guest supplies in the main stores and various outlets operated by the Group.  The role also involves analyzing cost data, and working closely with different departments to optimize efficiency and profitability.

Responsibilities:

– Monitor and control daily food and beverage costs

– Prepare and analyze cost reports, identifying areas for cost-saving opportunities

– Ensure adherence to budget and track actual expenses against projected costs

– Conduct regular inventory counts of food, beverages, and supplies

– Monitor inventory levels to prevent overstocking or understocking

– Ensure that inventory is properly recorded and valued at correct prices

– Ensure that pricing from suppliers is competitive and aligned with company agreements

– Analyze and report stock variances, ensuring all discrepancies are resolved

– Supervise monthly or periodic stocktaking processes for all outlets

– Reconcile stock and ensure accurate posting of stock movements in the system

– Prepare detailed cost and consumption reports for food and beverages

– Provide insights and recommendations to management to optimize operational efficiency

– Conduct variance analysis

– Collaborate with chefs and F&B managers to analyze the cost-effectiveness of menu items

– Recommend pricing adjustments and evaluate profitability of dishes and drinks.

– Implement and maintain strong internal controls for purchasing, receiving, and issuing processes

– Ensure compliance with company policies and financial guidelines

– Perform periodic audits to ensure accuracy and consistency in cost data

– Work closely with various departments including finance, procurement, kitchen, and Food & Beverage Outlets

– Advise management on cost-saving strategies and areas for operational improvement

– Provide training and support to staff on cost control procedures and practices

Qualifications & Assets: 

– Minimum of 2 years’ experience in a similar role, preferably within the catering or hospitality industries

– Ability to integrate and thrive in a team environment

– Strong time management skills

– Knowledge of Shireburn SFM and SIMS is an asset

– Proficient in MS Office applications and computer literate

– Excellent attention to detail and ability to work well under pressure

– Capable of working independently, confident, proactive, and highly responsible

– Self-motivated, with the ability to perform effectively in a fast-paced environment

– Strong written and verbal communication skills