F&B Controller

IHG Hotels & Resorts; Bengaluru; On-site; INR 600,000 - 900,000; Full time

Job summary

IHG Hotels & Resorts in Bengaluru is seeking a Finance professional to manage costing and reporting for Food & Beverage. Responsibilities include preparing monthly costing reports, overseeing stock-takes, and guiding departments to optimize purchasing for better margins.

You will oversee weekly/monthly reports, review spoilage, prepare P&L for major banqueting events, and ensure compliance with cost-control policies.

Qualifications

• Prepare and distribute monthly Costing report of food and beverage.
• Manage monthly stock-takes for Food & Beverage departments.
• Assist and guide all departments to be cost effective in purchasing to ensure profit margins.
• Prepare P&L statement of major banqueting events, verifying the banquet bills and BEO with Policies.
• Review and prepare inter department transfer and amenity reports.

Responsibilities

• Prepare and distribute monthly Costing report of food and beverage.
• Manage and complete monthly stock-takes for Food & Beverage departments as required.
• Assist and guide all departments to be cost effective in purchasing to ensure profit margins.
• Ensure Beverage is issued to the Outlets based on authorized requisitions, and adhere to the Policies and Procedures in place
• Alert Heads of Department on slow moving goods and goods nearing expiry dates ensure wastage is limited and product ordering is altered accordingly.
• Prepare all monthly/weekly reports (Par stock count, slow moving report, difference report, surprise check on items received in the stores) review with Director of Finance & Business Support/Manager - Finance and send for signature
• Manage cost reporting on a weekly basis.
• Reviews and verifies spoilage and breakage.
• Prepare P&L statement of major banqueting events, verifying the banquet bills and BEO with Policies.
• Review and investigate Void check report, Discount reports, A&G, ENT & OC check and adhere to the Policies and Procedures in place.
• Review and prepare inter department transfer and amenity reports.
• Close all market list purchase orders and review all pending orders and close in necessary on weekly basis
• Perform spot checks & review slow moving items, prepare report and distribute to the concerned
• Ensure all stock levels are within maximum & minimum quantity as specified in the approved list and prepare report, take approval and distribute to the concerned.
• Ensure all purchases are booked on a daily basis by the receiving clerk after checking with the purchase orders (quantity, price, quality) and transferred them to the respective departments.
• Account all rebates, transfers, adjustments/Allocation, entertainments costs during the month and prepare monthly JV for cost/credit adjustments.
• Take Beverage store & outlets inventory on a blind sheet, update physical stock count in the system, take variance/difference report, review any variances & discuss with Manager-Finance and follow actions and then close inventory for all outlets/store and print monthly stock report.
• Balance Beverage store/outlets inventory value with General Ledger and investigate in any differences noticed.
• Strict implementation of the CSA and achieve 100% score in CSA Audit of related section.
• Performs related duties and special tasks assigned by Director of Finance & Business Support.
• Generating various reports for F&B such as food cost, beverage costing, menu costing, breakfast costing, breakages, wastages etc.
• Maintenance of Records related to liquor and licensing.
• Liasoning with excise officials for measurement of liquor during the process of audit

Job description

Job Summary

Your Day Today: Financial Returns: Prepare and distribute monthly Costing report of food and beverage as directed.

Responsibilities

• Prepare and distribute monthly Costing report of food and beverage as directed.
• Manage and complete monthly stock-takes for Food & Beverage departments as required.
• Assist and guide all departments to be cost effective in purchasing to ensure profit margins are achieved.
• Ensure Beverage is issued to the Outlets based on authorized requisitions, and adhere to the Policies and Procedures in place
• Alert Heads of Department on slow moving goods and goods nearing expiry dates ensure wastage is limited and product ordering is altered accordingly.
• Prepare all monthly/weekly reports (Par stock count, slow moving report, difference report, surprise check on items received in the stores) review with Director of Finance & Business Support/Manager - Finance and send for signature
• Manage cost reporting on a weekly basis.
• Reviews and verifies spoilage and breakage.
• Prepare P&L statement of major banqueting events, verifying the banquet bills and BEO with Policies.
• Review and investigate Void check report, Discount reports, A&G, ENT & OC check and adhere to the Policies and Procedures in place.
• Review and prepare inter department transfer and amenity reports.
• Close all market list purchase orders and review all pending orders and close in necessary on weekly basis
• Perform spot checks & review slow moving items, prepare report and distribute to the concerned
• Ensure all stock levels are within maximum & minimum quantity as specified in the approved list and prepare report, take approval and distribute to the concerned.
• Ensure all purchases are booked on a daily basis by the receiving clerk after checking with the purchase orders (quantity, price, quality) and transferred them to the respective departments.
• Account all rebates, transfers, adjustments/Allocation, entertainments costs during the month and prepare monthly JV for cost/credit adjustments.
• Take Beverage store & outlets inventory on a blind sheet, update physical stock count in the system, take variance/difference report, review any variances & discuss with Manager-Finance and follow actions and then close inventory for all outlets/store and print monthly stock report.
• Balance Beverage store/outlets inventory value with General Ledger and investigate in any differences noticed.
• Strict implementation of the CSA and achieve 100% score in CSA Audit of related section.
• Performs related duties and special tasks assigned by Director of Finance & Business Support.
• Generating various reports for F&B such as food cost, beverage costing, menu costing, breakfast costing, breakages, wastages etc.
• Maintenance of Records related to liquor and licensing.
• Liasoning with excise officials for measurement of liquor during the process of audit

People

• Identify, train and develop staff who require more awareness to reduce wastage and cost.
• Implement winning ways & brand service behavior in your professional approach.
• Complete all assigned E. Learnings and trainings on time.
• Ensure the Beverage Cellar maintains sufficient stock at all times as per with the Par stock levels.

Guest Experience

• Carry out spot checks in Food receiving to ensure quality.
• Prepare the recipe costing for menus prepared by the Executive Chef and suggest the selling price.
• Respond to and resolve account queries promptly and efficiently.
• Maintain good professional rapport with the internal and external customers.

Responsible Business

• Help Green Engage Team in ensuring energy and cost saving.
• Support hotel and IHG initiatives towards CSR.
• Ensuring that policies & procedures related to cost control are followed.
• Assist in market survey with purchase manager for controlling price.