Cost Controller
6 months ago
**Key Responsibilities**:
- Develop and maintain relationships with suppliers and vendors.
- Negotiate contracts, pricing, and terms to secure the best deals.
- Monitor Outlet operation concerning the entire Food and beverage procurement process, inventory turnover, and Storing procedure.
- Managing All Inventory transactions under the ERP system.
- Collaborate with chefs and Outlet managers to understand and fulfill product requirements.
- Manage inventory PAR levels to prevent shortages or excess stock.
- Maintain Multiple (minimum 3 three) supplier options for all purchasing products.
- Ensure all purchases are under the budget.
- Prepare and share Purchase, and Consumption reports mid of the month.
- Monitor market trends and adjust procurement strategies accordingly.
- Ensure the timely and efficient delivery of supplies.
- Identify and evaluate potential suppliers, and gradually conduct market research.
- Conduct Warehouse, Store, and Outlet spot checks.
- Provide training and support to BOH and FOH Staff on cost control and procurement procedures.
- Monitor and analyze the F&B department's financial performance.
- Implement cost-saving measures and identify areas for improvement.
- Conduct live kitchen & Central Kitchen recipe audit and Emphasize team to follow standard recipe.
- Conduct regular audits of inventory, sales, and expenses.
- Prepare COGS reports and present findings to management.
- Prepare Variance Analysis Report with findings and action plan.
- Prepare Menu Engineering and brand Competitor market analysis.
- Configure all inventory data under the ERP system.
- Menu Development and Configure Menu Item Prices in Point of Sale.
- Recipe development and integration with menu items.
- Maintain a cost control system and procedures under the ERP system.
- Implement and monitor cost control measures across various departments.
- Ensure compliance with budgetary constraints.
- Collaborate with the finance team to ensure accurate financial reporting.
- Maintain accurate records and documentation of all procurement and cost control activities.
- Stay updated on industry trends and best practices.
- Assist in the preparation of financial forecasts and budgets.
- Ensure all procurement activities comply with company policies and legal regulations.
- Participate in monthly financial review meetings with management.
**Prerequisites**:
- Good verbal and written communication skills.
- Good analytics and reporting skills.
- Proficient in inventory management software (ERP & POS) and Microsoft Office
- Odoo & Foodics is an advantage.
- Ability to multitask, and work in a fast-paced environment.
- Have high-level attention to detail.
- Knowledge of financial principles and cost control methods.
- Strength attitude towards target.
- Flexible with work timings.
- Ability to work under pressure and meet deadlines.
Ability to work independently and within a team to promote an environment of teamwork.
**Education**:
Bachelor of Commerce or Similar or 4-year bachelor's degree in Finance and Accounting or similar major
**Experience**:
At least 3 years’ experience at the same role with an up-scale (4/5 Star) hospitality environment.
Pay: From ﷼1.00 per month
Application Question(s):
- Is your notice Period is 30 days or Immediate?
**Experience**:
- F & B (UAE/KSA) as Cost Controller: 4 years (required)
**Language**:
- English (required)
License/Certification:
- KSA Driving License (required)
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