Cost Controller

2 weeks ago

Singapore PARADOX CLARKE QUAY PTE. LTD. Full time

The main responsibilities and tasks of this position are listed as, but not limited to the following:

- Oversee Receiving Section to ensure that the control policies and procedures are followed. Ensure proper record keeping of inventories.
- Ensure daily and monthly Food and Beverage Cost Report are prepared and distributed on a timely basis
- Ensure that all goods received have been charged to the correct Cost Centre.
- Conduct physical inventory stock take to account for inventory movement with proper documentation.
- Establish par stock for F&B outlets, ensure compliance by the relevant departments.
- Ensure accurate menu costing and pricing of all F&B menus including new and promotional menus, evaluate standard recipes, and determine its potential cost with Culinary and F&B In Charge
- Maintain and update standard recipe file for all menu items.
- Review the store operation and the proper maintenance of the store inventory regularly.
- Perform Food and Beverage reconciliations, using POS-generated sales analysis reports and ensuring that all discrepancies are explained.
- Conduct random checks on beverage items and reconcile with the perpetual inventory list.
- Check Market List, Receiving Record, Costing List to ensure the effectiveness of the control system.
- Co-ordinate with the respective departments on any discrepancies and slow-moving items.
- Ensure losses, breakages and spoilage items are investigated and justified.
- Ensure proper cost management to reduce F&B wastages and ensure no pilferages.
- Prepare month-end closing journal for submission to the Superior.
- Ensure accurate month end inventory is recorded and reconciled with general ledger.
- Ensure workplace safety and health system is followed and compliant to HACCP standard.
- Make suggestions for possible improvement in cost control procedures.
- Identify training needs, develop improvement plan, coaching, and discipline of staff.
- Any other adhoc duties as and when assigned by the Management.

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