Job Description

The Cost Controller plays a pivotal role in overseeing the efficient management of costs and inventory within the restaurant. This includes ensuring optimal stock levels, cost efficiency, and profitability. As a Cost Controller, you should possess a sharp eye for detail, strong analytical abilities, and the expertise to implement strategies that enhance operational efficiency and drive cost savings.

Key Role

Supervise Daily Receiving and Storekeeping:

Oversee receiving and storekeeping activities to ensure proper documentation and storage of goods.

Inventory Documentation:

Maintain accurate records of inventory movements with proper documentation.

Stock Management:

Define and monitor minimum and maximum stock levels and implement par stock systems.

F&B Reconciliations:

Perform daily and monthly F&B reconciliations using the POS system.

Physical Inventory Counts:

Conduct physical counts of beverage stocks and manage month-end inventory.

Vendor and Delivery Monitoring:

Work with the Purchasing Department to track pending and partial deliveries.

Budget and Cost Assessment:

Provide critical analysis of budgets, cost projections, and variances.

Vendor and Cost-Cutting Partnerships:

Stay updated on new vendors and potential cost-saving opportunities.

Profitability Impact:

Understand how productivity impacts profitability and recommend improvements.

Cost-Saving Measures:

Develop and implement cost-cutting initiatives and track results.

Investigate Variances:

Analyse unprofitable variances and take corrective actions.

Budget vs. Actual Variance Calculation:

Calculate and report variances between budgeting plans and actual results.

Qualification

Proven experience in cost control, inventory management, or a similar role within the restaurant or hospitality industry. Strong understanding of inventory management systems, POS systems, and financial reconciliation processes. Analytical mindset with the ability to interpret financial data and make data-driven decisions. Experience with budgeting, forecasting, and cost analysis in a fast-paced environment. Proficient in Microsoft Excel or other similar software for tracking and analyzing data. Strong communication skills with the ability to work collaboratively across departments. A degree in Business Administration, Hospitality Management, Accounting, or a related field is preferred.
Job Types: Full-time, Permanent, Contract