F&B Cost Controller - Pre-Opening Luxury Venue

Delano; Greater London; On-site; GBP 60,000 - 90,000; Full time

Job summary

Delano is seeking an exceptional F&B Cost Controller to join its pre-opening team in London. You will lead end-to-end financial governance of procurement, inventory and cost of sales across restaurants, bars, kitchens and events, partnering with the Director of Finance and Executive Chef to safeguard margins and cash flow.

You will set up cost control processes for opening stock, recipe costing, supplier onboarding and stock counts, drive reporting and audit readiness, and support the

Qualifications

• Experience in hotel or luxury hospitality F&B cost control/procurement with clear ownership of COGS, inventory, and supplier financials.
• Strong organisational skills and attention to detail with a controls mindset and accountability for financial outcomes.
• Solid understanding of F&B operations, product standards, seasonality, yield/portion control, and their P&L implications.

Responsibilities

• Lead procurement finance and supplier management to source best-value F&B products within budget and lead times.
• Maintain PO accuracy and visibility of open liabilities and cash requirements.
• Monitor price movements and secure cost improvements; record savings and benefits realisation.
• Maintain vendor records with contracts, pricing, certifications, and SLAs; manage rebates and accruals.
• Perform daily control over voids, discounts, and promotions; investigate anomalies and drive corrective actions.
• Ensure accurate recipe costing and inventory linkage; support menu engineering to improve gross margin.
• Produce weekly flash P&L for F&B; report variances and actions; reconcile COGS to movements.
• Three-way match POs, delivery notes, and invoices; provide insights to Operations on yield and profitability.

Skills

Procurement management

Inventory management

Cost control

COGS management

Excel / Sheets

P&L analysis

Vendor management

Forecasting

Negotiation

Tools

Astore

Adaco/Infor

Job description

Delano is seeking an exceptional F&B Cost Controller to join its pre-opening team in London. You will lead end-to-end financial governance of procurement, inventory and cost of sales across restaurants, bars, kitchens and events, partnering with the Director of Finance and Executive Chef to safeguard margins and cash flow.

You will set up cost control processes for opening stock, recipe costing, supplier onboarding and stock counts, drive reporting and audit readiness, and support the