Food and Beverage Cost Controller

5 days ago


Singapore THE FULLERTON BAY HOTEL Full time

About the Role:

THE FULLERTON BAY HOTEL is seeking an experienced Food and Beverage Cost Controller to join our team. As a key member of our financial department, you will be responsible for managing the financial aspects of food and beverage operations.

Responsibilities:

  • Review daily product intake into the hotel and ensure accurate pricing and quantity of goods received.
  • Monitor the performance of departments, particularly food and beverage, through established control procedures.
  • Work closely with the purchasing team and chefs to ensure accurate food and beverage costing.
  • Ensure correct paperwork for the movement of food and liquor stocks to outlets.
  • Analyzing financial data to identify trends, discrepancies, and opportunities for cost savings.
  • Ensure accuracy in preparation of daily & monthly food and beverage cost reports.
  • Conduct checks in receiving stores, food production, and outlet areas.
  • Tracking, analyzing and controlling costs associated with a project/event. Pre-costs all restaurant and banquet menus of purchases and prepared items.
  • Tallying of items sold on the menu or drink list of each food and beverage outlet.
  • Perform stock takes and prepare food and liquor stock summaries.
  • Spot check receiving to ensure accurate scales, quality of goods, and specifications match.
  • Organize and complete stock take and month-end closing procedures, including preparing journals and cost boards.
  • Conduct spot checks to ensure goods meet specifications and deliveries match schedules, avoiding overstock.
  • Validate the cost of goods sold as part of month-end close. Work with Finance team to complete monthly closing.
  • Perform additional duties as assigned.
  • Supervise and coordinate the work of Accounts Executive (Cost Control), general store and receiving staff in the Receiving Department.

Requirements:

  • With 3-5 years of relevant experience in hospitality industry.
  • Preferably has an accounting background and experience in a similar role.
  • Strong interpersonal, communication, and presentation skills.
  • Excellent analytical and problem-solving abilities with great attention to detail.
  • Mature, proactive, resourceful, and hands-on with good initiative.
  • Able to work independently with minimal supervision.

Skills:

  • Forecasting
  • Cost Accounting
  • Stock Control
  • Microsoft Excel
  • Purchasing
  • Variance Analysis
  • Food Industry
  • Accounting
  • Attention to Detail
  • Audits
  • Food & Beverage
  • Pricing
  • Manufacturing
  • Cost Control

Salary: Estimated annual salary is between $50,000 to $70,000 depending on experience and qualifications.



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