Cost Controller
2 weeks ago
**Job Title**: Cost Controller
**Job Summary**:
The Cost Controller is responsible for monitoring and controlling food, beverage, and operational costs to ensure accuracy, efficiency, and profitability. This role involves analyzing variances, maintaining cost records, and implementing cost control procedures in alignment with company standards and financial objectives.
**Key Responsibilities**:
- Monitor and control daily food and beverage costs across outlets and departments.
- Conduct regular audits of inventory, purchases, and stock transfers to ensure data accuracy.
- Verify supplier invoices, purchase orders, and delivery notes for price and quantity accuracy.
- Prepare and analyze daily, weekly, and monthly cost reports for management review.
- Assist in setting and reviewing recipe costing and menu pricing with the culinary and procurement teams.
- Track wastage, breakage, and spoilage; identify causes and recommend corrective measures.
- Coordinate with the store, purchasing, and operations teams to ensure proper stock management and cost efficiency.
- Support budgeting and forecasting by providing accurate cost and consumption data.
- Participate in month-end closing activities, including cost of sales and inventory valuation.
- Maintain accurate records and documentation for audits and internal control compliance.
**Qualifications and Skills**:
- Bachelor’s degree in Accounting, Finance, or a related field.
- **Minimum 3-5 years of experience** in cost control, preferably in the **F&B, hospitality, or catering industry.**:
- Strong understanding of cost accounting principles, inventory control, and food cost analysis.
- Proficiency in **MS Excel**, **ERP**, and **POS systems** (e.g., Oracle, SAP, or similar).
- Analytical and detail-oriented with strong numerical accuracy.
- Excellent communication and coordination skills across departments.
- Ability to work independently and meet deadlines in a fast-paced environment.
**Job Types**: Full-time, Permanent
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