Cost Controller - Accounting jobs in Malta - October 2024
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Cost Controller

H Operations Ltd , Central Malta

Published on 27 Sep 2024

Expires in 42 days (26 Nov 2024)


The Cost Controller is responsible for the overall stocktaking of food, beverages, cleaning, operational and guest supplies in the main stores and various outlets operated by the Group. The role also involves analyzing cost data, and working closely with different departments to optimize efficiency and profitability.

Responsibilities:

• Monitor and control daily food and beverage costs

• Prepare and analyze cost reports, identifying areas for cost-saving opportunities

• Ensure adherence to budget and track actual expenses against projected costs

• Conduct regular inventory counts of food, beverages, and supplies

• Monitor inventory levels to prevent overstocking or understocking

• Ensure that inventory is properly recorded and valued at correct prices

• Ensure that pricing from suppliers is competitive and aligned with company agreements

• Analyze and report stock variances, ensuring all discrepancies are resolved

• Supervise monthly or periodic stocktaking processes for all outlets

• Reconcile stock and ensure accurate posting of stock movements in the system

• Prepare detailed cost and consumption reports for food and beverages

• Provide insights and recommendations to management to optimize operational efficiency

• Conduct variance analysis

• Collaborate with chefs and F&B managers to analyze the cost-effectiveness of menu items

• Recommend pricing adjustments and evaluate profitability of dishes and drinks.

• Implement and maintain strong internal controls for purchasing, receiving, and issuing processes

• Ensure compliance with company policies and financial guidelines

• Perform periodic audits to ensure accuracy and consistency in cost data

• Work closely with various departments including finance, procurement, kitchen, and Food & Beverage Outlets

• Advise management on cost-saving strategies and areas for operational improvement

• Provide training and support to staff on cost control procedures and practices

Qualifications & Assets:

• Minimum of 2 years' experience in a similar role, preferably within the catering or hospitality industries

• Ability to integrate and thrive in a team environment

• Strong time management skills

• Knowledge of Shireburn SFM and SIMS is an asset

• Proficient in MS Office applications and computer literate

• Excellent attention to detail and ability to work well under pressure

• Capable of working independently, confident, proactive, and highly responsible

• Self-motivated, with the ability to perform effectively in a fast-paced environment

• Strong written and verbal communication skills


Hugo's Group:
Creator of innovative lifestyle experiences and powerful brands established in Malta since 2005, Hugo's Group has sharp expertise in festive, premium catering and hospitality. Between restaurants, bars, and luxurious hotels (Hugo’s Lounge, Hugo’s Terrace, Hugo’s Pizza & Pasta, Hugo’s Pub, Hugo’s Burger Bar, Bacco By Hugo’s, Infinity By Hugo’s, Hugo’s Boutique Hotel 3* and H Hotel 4*) we strive to enlighten the senses through inspired settings, a high level of customer service, exceptional food quality, affordable prices, dynamic music concepts and state of the art video and audio systems. We form an integral part of the island’s entertainment industry, with all our venues centrally located in and around Paceville, Malta’s central hub for socializing and nightlife. We are an ecosystem of brands and places, sharing the same culture of excellence and the same creative drive to exceed the expectations of our guests. Our ambition is based on five fundamental values shared by all our collaborators:
H – HIGH STANDARDS
U – UNWAVERING COMMITMENT
G – GROWTH AND LEARNING
O – OBJECTIVE DRIVEN
S – SUCCESS
Our employees are the core of what makes our group’s success, thus we care about their growth and aspirations by encouraging internal mobility, whether within functions or brands. We strive to provide leadership in shaping an inclusive culture that drives excellence, diversity, and innovation by supporting talent, engagement, and employee work experience. Hospitality is a value of the future, and we intend to embody it. Would you like to become part of our vibrant team?


time
Full Time
Job Type
experience
Intermediate (1-3 years)
Experience Level
category
Accounting
Category
industry
Hotels, Restaurants & Catering
Industry



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