Executive - FandB Cost Control

The Indian Hotels Company Limited (IHCL); Chennai District; On-site; INR 600,000 - 900,000; Full time

Job summary

IHCL is seeking a cost-control professional in Chennai to prevent wastage, manage menu pricing, and oversee inventory and event costing through pre- and post-event P&Ls with management-level deviations.

Responsibilities include Menu Engineering, Pricing Strategy, Inventory Management, and Event Costing, plus daily POS/ORION checks, liquor consumption recording, and reporting to Finance and F&B teams. English proficiency required.

Qualifications

• Bachelors degree in hospitality, business administration, finance, or related field.
• 2-3 years of experience in F&B controls, cost control, or related roles in hospitality.
• Proficiency in English.

Responsibilities

• Menu Engineering, Pricing Strategy, Inventory Management, event costing.
• POS/ORION interface clearance daily with deviation highlighting.
• Record liquor consumption and receipts in FLR Book and RSCBL Website.
• Prepare material consumption reports for user departments.
• Conduct inventories for liquor, main store, spa retail, IPD, and mini bar.
• Costing of recipes and events to prevent cost overruns.
• Prepare COPQ and Review Board KOTS for liquor packages.
• Plate and pax counting during major events.

Skills

Menu Engineering

Pricing Strategy

Inventory Management

Event Costing

Education

Bachelor's degree in Hospitality Management, Business Administration, Finance, or related field

Job description

Job Description:

About IHCL

Indian Hotels Company Limited (IHCL) is a part of the Tata Group and is one of South Asias largest and most iconic hospitality companies. With a legacy of over 120 years, we are dedicated to delivering exceptional experiences to our guests through our diverse portfolio of hotels, resorts, and palaces.

Careers at IHCL

At IHCL, we believe our employees are our greatest asset. We are committed to fostering a dynamic work environment that encourages innovation, collaboration, and personal growth. Join us in creating memorable experiences and shaping the future of hospitality. Explore exciting career opportunities with us and be a part of a vibrant team that values passion, excellence, and diversity.

Job Objective

For prevention of wastages, menu pricing, inventory management, and event costing by preparing pre and post-event P&L and highlighting major deviations with management.

Essential Job Tasks

Menu Engineering, Pricing Strategy, Inventory Management, event costing

Areas of Responsibility

• POS/ORION Interface clearance on daily basis and highlighting the deviations if any.
• Recording of liquor consumption and receipts in FLR Book and RSCBL Website.
• Sending/Preparing material consumption report to user department which they consumed/picked from store.
• Raw Material Report circulated with deviation if any.
• Doing inventories fully and randomly (Liquor/Main store/spa retail/IPD/Mini Bar).
• Recipe costing.
• Preparation of Service Recovery / COPQ report.
• Checking void, reprint, spilt bill, void Kot, NC, etc., and highlighting any deviations to the user department on a daily basis.
• Event costing for large ODCs/In-house Banquet Functions to ensure avoiding cost overrun and avoid margin erosion.
• Review Board KOTS raised for liquor package deals.
• Plate and pax counting during major events.

Required Qualifications

Bachelors degree in Hospitality Management, Business Administration, Finance, or related field.

Work Experience

Minimum of 2-3 years of experience in F&B controls, cost control, or related roles, preferably in the hospitality industry.

Languages Needed in Position

English

Key Interfaces- External

Excise office

Key Interfaces- Internal

Finance function, F& B department

Behavioural Competencies

• Process Excellence
• Result Orientation
• Collaborative Engagement
• Change Championship
• Growth Mindset
• Guest Centricity
• Personal Effectiveness

Equal Opportunities Employment at IHCL

At IHCL, we celebrate diversity and are committed to creating an inclusive environment for all employees. We are proud to be an equal opportunity employer and do not discriminate based on race, color, religion, gender, sexual orientation, age, national origin, disability, or any other status protected by applicable law. We encourage all qualified individuals to apply and join our team, where every voice is valued and respected.