Executive - FandB Cost Control

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

Job summary

The Indian Hotels Company Limited (IHCL) invites applications for a role focused on preventing wastage, menu pricing, inventory management and event costing by preparing pre- and post-event P&L and highlighting major deviations with management.

The ideal candidate will have a bachelor’s degree in Hospitality Management, Business Administration or Finance, 2–3 years of experience in F&B controls or cost control, and proficiency in English; hospitality experience is preferred.

Qualifications

• Bachelor's degree required in a relevant field.

Responsibilities

• Menu Engineering, Pricing Strategy, Inventory Management, event costing
• Recording and reporting deviations
• Preparing pre- and post-event P&L, ensuring cost control during events
• Interaction with internal finance and F&B teams

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.

Requirements: