Cost Controller-Hospitality&Beverage Operations
Job Summary
- Monitor food beverage wine and spirits costs against standard costs and budgets and analyse cost-of-sales gross profit and contribution margin variances.
- Maintain recipe and beverage costing standard yields portion sizes and pour measures updating costs when purchase prices recipes or serving sizes change.
- Reconcile POS sales and expected recipe consumption against actual inventory usage and ERP records investigating missing postings incorrect units of measure and unexplained variances.
- Review receipts stock issues outlet transfers returns and stock adjustments to ensure accurate recording and appropriate approvals.
- Coordinate periodic and surprise stock counts reconcile physical stock against system balances and follow up on approved corrective actions.
- Monitor stock ageing slow-moving products and expiry risks and investigate wastage spoilage breakages shrinkage and over-pouring.
- Ensure staff consumption complimentary items promotions and other non-sale stock issues are properly authorised and recorded.
- Review purchasing and receiving controls including purchase-price variances and quantity and price checks against approved orders and supporting documentation.
- Maintain accurate item costs recipes units of measure and stock information within ERP and POS systems ensuring controlled changes and appropriate audit trails.
- Prepare timely cost stock yield wastage and outlet profitability reports identify root causes of variances recommend corrective actions and track resolution.
- Support budgeting forecasting menu pricing and cost optimisation initiatives and assess the effectiveness of implemented improvements.
- Bachelors degree in Accounting Finance Hospitality Management or a related field.
- CPA ACCA CMA or CIMA qualification or progress towards certification is an added advantage.
- Three to five years of cost-control experience within hospitality restaurants food and beverage operations or another inventory-intensive environment.
- Practical experience in recipe costing yield analysis portion and pour controls stock reconciliation and loss investigations.
- Experience using ERP POS and inventory management systems. Familiarity with Zoho Books Zoho Inventory and Loyverse POS is an added advantage.
- Strong Excel skills including reconciliations pivot tables lookup functions and analysis of sales and inventory data.
- Experience working across multiple outlets is an added advantage.
- Strong numerical and analytical skills with excellent attention to detail.
- Ability to investigate variances identify root causes and recommend practical corrective actions.
- High level of integrity accountability and sound judgement when handling stock records and control issues.
- Strong communication and interpersonal skills with the ability to work effectively with both Finance and operational teams.
- Ability to work independently and manage priorities in a fast-paced hospitality environment.
Required Skills:
Strong numerical and analytical skills with excellent attention to detail. Ability to investigate variances identify root causes and recommend practical corrective actions. High level of integrity accountability and sound judgement when handling stock records and control issues. Strong communication and interpersonal skills with the ability to work effectively with both Finance and operational teams. Ability to work independently and manage priorities in a fast-paced hospitality environment.
Required Education:
Bachelors degree in Accounting Finance Hospitality Management or a related ACCA CMA or CIMA qualification or progress towards certification is an added to five years of cost-control experience within hospitality restaurants food and beverage operations or another inventory-intensive experience in recipe costing yield analysis portion and pour controls stock reconciliation and loss using ERP POS