
Cost Control Specialist
1 week ago
The SocialEats Hospitality Group seeks a highly skilled Cost Controller to analyze and optimize the cost structure of our food and beverage operations.
Key Responsibilities:- Cost Analysis & Menu Engineering
The successful candidate will conduct regular cost analyses on food and beverage products, identifying opportunities to reduce costs and improve efficiency.
- Utilizing data-driven insights, they will make recommendations on pricing adjustments, portion sizes, and menu changes to maximize profitability.
- Recipe Costing & Variance Analysis
The ideal candidate will conduct detailed cost analyses for recipes, taking into account the cost of each ingredient and associated overheads.
- They will regularly review and update recipe costs based on fluctuations in ingredient prices and other factors.
- Monitor and analyze variances between expected and actual costs.
- Investigate and report on any discrepancies, identifying the root causes and implementing corrective actions.
- Use POS reports to cross-reference sales data with inventory usage and costs.
- Verify that standard recipes are up-to-date and accurately reflect current ingredient costs and portion sizes.
- Implement strategies to minimize food and beverage waste.
- 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.
- Implement inventory control measures to minimize waste and ensure proper stock levels.
- Conduct regular stock takes and reconcile variances.
- Standard Operating Procedures (SOPs)
Develop and implement SOPs related to cost control and inventory management, training staff on established procedures.
- Present findings and recommendations to management for strategic decision-making.
- Desired Candidate Profile
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.
- Skills Required:
- Strong analytical and mathematical skills.
- Knowledge of inventory management systems like Micros, Myinventory.
- Excellent communication and negotiation skills.
- Attention to detail and accuracy.
This role is a full-time position within the Accounts department, offering a competitive salary and benefits package.
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