Food and Beverage Cost Analyst

1 week ago


Kuwait City, Al Asimah SocialEats Hospitality Group Full time
Role Summary

SocialEats Hospitality Group is seeking an experienced Cost Controller to join our team. The ideal candidate will be responsible for analyzing and optimizing the cost structure of our food and beverage operations.

Key Accountabilities:
  • Cost Optimization

Conduct regular cost analyses on food and beverage products, identifying opportunities to reduce costs and improve efficiency.

  1. Make recommendations on pricing adjustments, portion sizes, and menu changes to maximize profitability.
  • Recipe Management

Conduct detailed cost analyses for recipes, taking into account the cost of each ingredient and associated overheads.

  1. Regularly review and update recipe costs based on fluctuations in ingredient prices and other factors.
  2. Monitor and analyze variances between expected and actual costs.
  3. Investigate and report on any discrepancies, identifying the root causes and implementing corrective actions.
  4. Use POS reports to cross-reference sales data with inventory usage and costs.
  5. Verify that standard recipes are up-to-date and accurately reflect current ingredient costs and portion sizes.
  6. Implement strategies to minimize food and beverage waste.
  7. Track and analyze wastage patterns, providing recommendations to reduce waste and improve overall efficiency.
  • Inventory Management

Maintain accurate and up-to-date records of inventory levels, ensuring proper stock levels and minimizing waste.

  1. Implement inventory control measures to minimize waste and ensure proper stock levels.
  2. Conduct regular stock takes and reconcile variances.
  • Operational Excellence

Develop and implement Standard Operating Procedures (SOPs) related to cost control and inventory management, training staff on established procedures.

  1. Present findings and recommendations to management for strategic decision-making.
  • Requirements

The ideal candidate will possess a Bachelor's degree in finance, accounting, business, or a related field, along with proven experience in cost control and familiarity with relevant software and tools.

  • Essential Skills:
  1. Strong analytical and mathematical skills.
  2. Knowledge of inventory management systems like Micros, Myinventory.
  3. Excellent communication and negotiation skills.
  4. Attention to detail and accuracy.

This role offers a competitive salary and benefits package.



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