Job Title: F&B Cost Control Manager
Department: Finance
Reporting To: Group Finance Manager
Location: Abu Dhabi
Role Overview:
The F&B Cost Control Manager is a senior-level professional responsible for maintaining financial integrity and operational efficiency across the company’s food and beverage operations. This role ensures full accountability over cost control, inventory accuracy, supplier compliance, and data reporting, enabling the organization to meet its financial targets while enhancing profitability.
Key Responsibilities:
- Oversee daily, weekly, and monthly monitoring of F&B costs across all outlets and production units.
- Conduct cost of goods sold (COGS) analysis and track actual costs versus budgets.
- Develop rolling forecasts to predict F&B cost behaviors under varying operational conditions.
- Provide in-depth variance analysis and collaborate with operations to identify and address issues.
- Partner with Finance and Operations to define annual cost control strategies and targets.
- Ensure full traceability of all stock movements (transfers, adjustments, returns, wastage) within the ERP system.
- Supervise all monthly stock counts, cycle counts, and reconciliation exercises.
- Establish and monitor loss prevention controls and storage protocols.
- Report on inventory turnover ratios, stock accuracy, shelf life, and dead stock alerts.
Systems & Reporting Infrastructure:
- Administer and maintain all ERP/Inventory Management Modules (SAP preferred) related to cost control.
- Oversee data accuracy and integration between POS, purchasing, and receiving platforms.
- Produce timely, accurate reports including cost trends and actionable insights.
- Develop and manage automated dashboards and reporting templates to support operational leadership.
Procurement & Supplier Compliance:
- Review and validate purchase orders, supplier invoices, and goods received notes (GRNs).
- Perform price benchmarking and ensure alignment with pricing structures.
- Audit supplier performance, delivery accuracy, and potential overcharges.
- Calculate and monitor cost per unit across raw materials and prepped items to safeguard margins.
Operational Controls & Governance:
- Implement and enforce SOPs related to cost and stock management.
- Conduct random outlet and warehouse checks for compliance.
- Identify and escalate issues involving pilferage, mismanagement, or procedural gaps.
- Support internal and external audits, ensuring compliance with policies.
Key Performance Indicators:
- Variance between actual vs. theoretical food cost (%)
- Inventory reconciliation accuracy
- Wastage reduction year-over-year
- Cost savings through vendor negotiations
- Timeliness and accuracy of cost reports
- Adherence to inventory control SOPs
Employment Type: Full Time
Company Industry: FMCG, Foods, Beverages
Department / Functional Area: Accounts, Taxation, Audit, Company Secretary
Keywords: Cost Control Specialist, Cost Control Management, Food Cost Control
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