F&B Cost Controller

What youll do

Procurement Finance and Supplier Management

• Assist sourcing bestvalue brandstandard F&B products within budget cash flow and lead-time targets balancing cost quality and risk.
• Ensure accurate POs are raised by F&B and maintain commitment tracking to provide clear visibility of open liabilities and cash requirements.
• Monitor price movements and negotiate cost improvements rebates and terms; quantify savings and record benefits realisation.
• Maintain complete vendor records (contracts specs pricing certifications SLAs) with version control and expiry alerts.
• Manage rebate/retro agreements post monthly accruals and ensure timely accurate invoicing.

Cost Control Reporting and Compliance

• Perform daily control over voids discounts transfers promotions and staff meals; investigate anomalies quantify P&L impact and drive corrective actions.
• Ensure accurate recipe costing standard yields and itemrecipe links in inventory systems; partner on menu engineering to improve gross margin and contribution per cover.
• Produce weekly flash P&L for F&B: COGS % purchase commitments variance vs budget/forecast and key drivers; present commentary and actions.
• Deliver monthend close inputs: stock adjustments accruals prepayments rebates and cost reclassifications; reconcile F&B COGS to movements
• Maintain strong internal controls: procurement policy compliance segregation of duties and audit evidence packs.

Inventory and Stock Integrity

• Verify goods received vs POs (price/quantity/quality); ensure accuracy and aid storage to protect asset value and reduce writeoffs.
• Lead/assist monthly stock counts; reconcile variances identify root causes and implement process fixes; report shrinkage rates and trend analysis.
• Monitor slowmoving and shortdated items; recommend mitigation (menu specials transfers supplier returns) and quantify waste avoidance.
• Track inventory KPIs: days on hand stock turn writeoff % and GRNI ageing; propose actions to optimise working capital.

Finance Partnership and Planning

• Threeway match POs Delivery Notes and invoices; resolve discrepancies with AP; maintain clean AP and clear aged items promptly.
• Provide actionable insights to Operations: portion/yield control ideal vs actual cost variances and profitability by outlet daypart and event.
• Collaborate on pricing decisions and menu changes to achieve target margin while maintaining brand standards.

Qualifications :

What Were Looking For

• Experience in hotel or luxury hospitality F&B cost control/procurement with clear ownership of COGS inventory and supplier financials.
• Strong organisational skills and attention to detail with a controls mindset and accountability for financial outcomes.
• Solid understanding of F&B operations product standards seasonality yield/portion control and their P&L implications.
• Proficiency with purchasing and inventory systems (e.g. Astore Adaco/Infor or similar) and confident Excel/Sheets skills (lookups pivots variance and sensitivity analysis).
• Clear professional communicator with the credibility to influence operational teams and challenge constructively.
• Analytical deadlinedriven and comfortable managing multiple priorities across close stock counts and reporting cycles.
• Flexible around monthend stock counts and audits; collaborative and serviceoriented.

Additional Information :

Whats in it for you

• The opportunity to launch a visionary hospitality brand in London and have a real impact on its success.
• Join an innovative fast-growing international group thats committed to not just building new hotels but building a global brand.
• The chance to challenge the norm and work in an environment that is both creative and rewarding.
• Become part of a team thats very passionate about creating great hospitality experiences and building a portfolio of brands.
• A competitive package and plenty of opportunity for development.

Remote Work :

No

Employment Type :

Full-time