Cost Controller

Position:            Cost Controller Department:      Finance Reports to:       Director of Finance & Business Support ______________________________________________________________________ PURPOSE OF POSITION To contribute to the success of all F&B Outlets by striving to achieve higher margins through effective analysis and auditing of cost control factors linked to food production and service. KEY ROLES & RESPONSIBILITIES INVENTORY PROCEDURES • Produce monthly F&B cost control report for senior management detailing achieved cost against budget, inventory results and explaining any action points • Provide concise and accurate reconciliation of F&B costs for Financial Controller • Conduct monthly physical inventories on all beverage areas (store & beverage outlets), check and sign all inventory sheets in line with policy and procedures • Produce monthly outlet inventory results detailing credits/debits for adjustments such as management rebates, cocktail sales, wine by the glass, recycled beverages, food transfers • Assist Accounts department with goods receiving inquiries and invoice application • Produce monthly (or as required) detailed menu analysis based on recipe costings. • Produce daily flash food cost report for Executive Chef & Team Control Procedures • Introduce and monitor par stock levels in all beverage outlets including banquets • Ensure POS/PMS is updated with accurate outlet revenue potentials • Provide Director of F&B with suggestions for future price structuring of menu, utilizing knowledge of current trends and unit prices • Perform continual housekeeping duties on POS/PMS and maintain correct set up of products for purchase and recipe use • Liaise with central purchasing department on any supply or pricing issue Staffing Procedures • Attend monthly F&B meetings and daily operation briefings • Ensure compliance with all health, safety and hygienic legislation • Control monthly payroll and staff requirements in line with business • Conduct monthly appraisals for cost control staff • Conduct disciplinary reviews on a timely basis when appropriate • In conjunction with training manager, provide training for all POS/PMS users • Willing to work a flexible schedule to accomplish all major responsibilities and tasks • Monitor the completion and distribution of daily in-house reports (F&B, Rooms segmentation, Flash, and Labour) • Reconcile and monitor all assigned balance sheet accounts according to the policy • Responsible for the monthly Journal and closing entries as assigned • Responsible for month-end deadlines and schedules • Manage all banking transactions for the operation • Oversee all revenue processes for the hotel • Monitor front office rebates. Oversee the preparation of the daily operational package that is routed to the General Manager and the Financial Controller • Assist the General Cashier in performing surprise float counts • Assist in General Cash and Income Audit Functions, as required PERSONAL ATTRIBUTES • Excellent written and verbal skills • Ability to motivate employees • Proven leadership skills • Significant experience in Word, Excel, POS & PMS and other required systems EXPERIENCE • Minimum 3 years previous experience in a similar position preferred • Experience of manual cost control environment and in F&B department QUALIFICATIONS • Graduate of Accounting or Finance Course