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Cost Controller

2 weeks ago

Doha, Qatar Swan Global WLL Full time

**Cost Controller**

**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