Cost Controller
2 weeks ago
**Key Responsibilities**:
- Food Cost Analysis:
- Perform detailed costing of all food and beverage items.
- Monitor actual vs. theoretical food cost variances.
- Review recipes and ensure accurate cost breakdowns.
- Regularly update food cost calculations based on price changes and market trends.
- Inventory Management:
- Conduct regular inventory audits to ensure accurate stock levels.
- Work with kitchen teams to minimize food waste and spoilage.
- Oversee and maintain records for food and beverage purchases.
- Vendor Relations:
- Negotiate with suppliers to secure the best possible pricing and quality for ingredients.
- Maintain a list of approved vendors and track any price fluctuations.
- Financial Reporting:
- Prepare regular reports on food costs,
- inventory levels, and other financial metrics.
- Provide insights and recommendations
- to management for cost-saving initiatives.
- Ensure accurate financial documentation for audits and reviews.
- Menu Engineering:
- Assist in pricing menu items to ensure profitability while maintaining competitive pricing.
- Analyze menu performance and suggest updates based on food cost analysis.
- Compliance:
- Ensure all food costing procedures
- adhere to health, safety, and financial regulations.
- Keep up-to-date with industry standards and best practices in food
- cost management.
**Qualifications**:
- Bachelor's degreein Finance, Accounting, Hospitality Management, or a related field (preferred).
- Proven experience as a Cost Controller, preferably in the food and beverage or hospitality industry.
- Strong analytical skills with attention todetail.
- Proficiency in financial software and Microsoft Excel.
- Excellent communication and negotiation skills.
- Ability to work collaboratively with cross-functional teams.
- Strong problem-solving and organizational skills.
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