Cost Controller with F&B Experience

Cost Controller with F&B Experience

We are seeking a meticulous and experienced Cost Controller with a strong background in Food & Beverage (F&B) operations. The ideal candidate will oversee and optimize costing processes within our F&B division, ensuring efficient resource allocation and cost management to maximize profitability. This role requires exceptional analytical skills, attention to detail, and a deep understanding of F&B costing principles.

Responsibilities:

1. Cost Analysis and Control:

· Develop and maintain robust costing systems for F&B operations, including food, beverage, and associated supplies.

· Analyze cost variances and identify areas of improvement to enhance operational efficiency and reduce wastage.

· Implement cost control measures to achieve targeted profit margins without compromising quality standards.

2. Inventory Management:

· Monitor inventory levels of F&B items, ensuring accuracy in stock counts and reconciliation.

· Implement inventory control procedures to minimize excess stock and prevent shortages.

· Regularly audit inventory to identify discrepancies and implement corrective actions.

3. Menu Engineering and Pricing:

· Collaborate with chefs and F&B managers to analyze menu profitability and pricing strategies.

· Conduct menu engineering to optimize profitability by adjusting portion sizes and ingredient choices.

· Recommend pricing adjustments based on cost analysis and market trends.

4. Budgeting and Forecasting:

· Assist in developing annual budgets and forecasts for F&B operations.

· Track actual performance against budgeted targets and provide insights on financial deviations.

· Work closely with finance teams to ensure accurate financial reporting and cost allocation.

5. Vendor Management:

· Negotiate supplier contracts and pricing agreements to secure competitive rates.

· Evaluate vendor performance based on quality, cost, and reliability.

· Continuously seek opportunities to optimize procurement costs without compromising quality standards.

6. Process Improvement:

· Identify opportunities for process optimization and cost-saving initiatives within F&B operations.

· Implement best practices in costing methodologies to enhance overall operational efficiency.

Qualifications and Skills:

· Bachelor's degree in Accounting, Finance, Hospitality Management, or a related field.

· Proven experience as a Cost Controller, preferably within the F&B industry.

· Strong understanding of F&B cost control principles and inventory management.

· Proficient in using accounting software and MS Excel for data analysis and reporting.

· Excellent analytical skills with the ability to interpret complex financial data.

· Effective communication and interpersonal skills to collaborate with cross-functional teams.

· Detail-oriented and organized, with the ability to prioritize tasks and meet deadlines.

Job Types: Full-time, Permanent, Contract
Contract length: 12 months

Pay: QAR5,000.00 - QAR6,000.00 per month

Application Question(s):

• Do you have experience in F & B industry ?
• How many years of experience in F&B industry ?
• Notice period ?