ASSISTANT COST CONTROLLER
Indexed description
Key Responsibilities
Cost Monitoring Analysis
- Track and analyze food, beverage, and operational costs across all venues.
- Monitor daily consumption reports and identify variances against budgeted costs.
- Conduct regular cost audits and provide actionable insights to management.
- Oversee inventory management processes, including stock counts, reconciliations, and variance reporting.
- Ensure accurate recording of transfers, wastage, and spoilage.
- Work with procurement and kitchen teams to maintain optimal stock levels and reduce excess inventory.
- Review and validate recipe costing for all menu items in collaboration with culinary teams.
- Support menu engineering initiatives by analyzing profitability and recommending adjustments.
- Ensure costing data is updated in POS and inventory systems.
- Maintain and update cost control systems and databases.
- Ensure integration between POS, inventory, and accounting platforms for accurate reporting.
- Identify opportunities to automate and streamline cost control processes.
- Ensure adherence to internal cost control policies and procedures.
- Prepare weekly and monthly cost reports for senior management.
- Support financial audits and provide documentation related to cost control.
- Work closely with venue managers, chefs, and procurement officers to ensure cost awareness and accountability.
- Provide training and support to operational teams on cost control practices.
- Participate in cross-functional meetings to align cost strategies with business goals.
- Bachelor’s degree in Finance, Accounting, or Hospitality Management.
- 4–6 years of experience in cost control, preferably in hospitality or F B.
- Strong understanding of inventory systems, recipe costing, and POS integration.
- Proficiency in Excel and cost control software (e.g., FMC, Adaco, or similar).
- Excellent analytical, organizational, and communication skills.
- Ability to work across multiple venues and manage competing priorities.
- High attention to detail and commitment to accuracy.
- Performs other related tasks as assigned by management.
- May be required to travel between venues and support during audits or operational
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