Cost Conteroller

The Cost Controller is responsible for overseeing and optimising all aspects of cost management within the food and beverage operations of the organisation, and aquarium retail shop. This role involves monitoring food and beverage costs, analysing variances, implementing cost-saving strategies, and ensuring compliance with budgetary guidelines. The Cost Controller works closely with kitchen staff, procurement teams, and management to control expenses while maintaining quality standards and maximising profitability.  

Main Duties and Responsibilities:

Menu Costing and Pricing:

• Calculate the cost of ingredients for menu items.
• Determine appropriate pricing to achieve desired profit margins.
• Regularly review and update menu prices to reflect changes in ingredient costs.

Inventory Management:

• Monitor inventory levels of food and beverage items.
• Conduct regular physical inventory counts and reconcile discrepancies.
• Implement inventory control measures to minimize waste and pilferage.

Cost Analysis:

• Analyse food and beverage costs to identify trends and variances.
• Investigate cost discrepancies and implement corrective actions.
• Provide regular reports and analyses to management on cost performance.

Waste Management:

• Monitor food and beverage waste and develop strategies to minimise it.
• Implement portion control measures and monitor plate waste.
• Identify opportunities for recycling and waste reduction initiatives.

Menu Engineering:

• Work with chefs and menu developers to optimise menu offerings for profitability.
• Analyse sales data and menu mix to identify high-margin items and opportunities for menu improvement.

Knowledge, Experience and Education required:

• Minimum of 2 years experience in managing inventory in a Food & Beverage environment
• Proven experience in stock control, inventory management, or a similar role.
• Proficiency in using inventory management software preferably in Materials Control, Simphony POS and MS Excel.
• Knowledge of food and beverage costing methods and inventory management techniques.
• Strong attention to detail and accuracy.
• Excellent organisational and time-management skills.
• Effective communication and interpersonal abilities.
• Ability to work independently and in a team.