Cost Controller -Catering

We are seeking a diligent and detail-oriented Cost Controller. The Cost Controller will be responsible for managing and optimizing costs across all aspects of our operations to ensure profitability and efficiency. This role requires strong analytical skills, attention to detail, and the ability to work collaboratively with various teams within the organization.

Responsibilities:

1. Cost Monitoring and Analysis:
   

   
   
   • Monitor and analyze costs related to food, beverage, labor, and overhead.
     
   • Identify cost-saving opportunities and recommend strategies for improvement.
     
   • Regularly review pricing structures to ensure competitiveness and profitability.
     

2. Budgeting and Forecasting:
   

   
   
   • Assist in the preparation of annual budgets and financial forecasts.
     
   • Track budget performance and variance analysis on a regular basis.
     
   • Provide insights and recommendations to management based on budgetary analysis.
     

3. Inventory Management:
   

   
   
   • Oversee inventory levels and manage inventory reconciliation processes.
     
   • Implement inventory control measures to minimize waste and shrinkage.
     
   • Coordinate with procurement team to optimize purchasing decisions and pricing agreements.
     

4. Vendor Management:
   

   
   
   • Evaluate vendor performance and negotiate favorable terms and contracts.
     
   • Collaborate with procurement team to source cost-effective suppliers and vendors.
     
   • Ensure compliance with vendor agreements and service level agreements.
     

5. Reporting and Documentation:
   

   
   
   • Prepare regular financial reports and cost analysis summaries for management review.
     
   • Maintain accurate and up-to-date records of all cost-related activities.
     
   • Provide ad-hoc reporting and analysis as requested by management.
     

Qualifications:

• Bachelor's degree in Accounting, Finance, Business Administration, or related field.
  
• Proven experience in cost control, budgeting, and financial analysis, preferably in the catering or hospitality industry.
  
• Strong analytical skills with the ability to interpret complex data and draw meaningful conclusions.
  
• Excellent communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams.
  
• Proficiency in Microsoft Excel and financial management software.
  
• Attention to detail and a high level of accuracy in financial reporting and analysis.
  
• Ability to work independently and prioritize tasks in a fast-paced environment.