F&B Cost Controls Executive

Accor; Bengaluru; On-site; INR 700,000 - 1,200,000; Full time

Job summary

Grand Mercure Bengaluru Gopalan Mall managed by Accor in Bengaluru, India, seeks an F&B Cost Controls Executive to optimize food and beverage costs across operations. You will analyze financial data, implement cost-control strategies, and ensure efficient resource use while maintaining standards.

The role collaborates with kitchen, service, and procurement teams to negotiate vendor contracts, manage budgets, and monitor KPIs to drive profitability and operational efficiency.

Qualifications

• Proven experience in F&B cost accounting, financial analysis, or cost control within hospitality or food service.
• Strong proficiency with accounting software, ERP systems, and POS platforms.
• Advanced analytical and data interpretation skills to identify trends in financial data.
• Comprehensive knowledge of F&B operations, supply chain, and inventory control.

Responsibilities

• Analyze and monitor F&B costs, variances, and spending to identify cost-reduction opportunities and actions.
• Develop budgets and forecasts for F&B departments aligned with financial goals.
• Audit inventory, procurement, and consumption records for accuracy and compliance.
• Collaborate with kitchen, service, and procurement teams to optimize purchasing and reduce waste.
• Prepare cost-control reports and present recommendations to senior management.
• Implement cost-control systems and documentation across all F&B operations.
• Monitor food and labor costs and other KPIs to drive improvement.
• Ensure compliance with food safety standards and portion controls.

Skills

F&B cost accounting

Financial analysis

ERP systems

Excel proficiency

Inventory control

Vendor management

Communication skills

Job description

Company Description

Grand Mercure Bengaluru Gopalan Mall managed by Accor is located near the heart of Bengaluru with close proximity to major Techparks and key commercial & residential bubbles 212 Modern & Lavish rooms including 29 one and two bedroom suites with private terrace 10 elegant meeting spaces including a quaint alfresco and open terrace that can cater from 20 - 400 guests.

Features an all-day dining restaurant, cafe & alfresco, a fitness Centre, spa, swimming pool, an entertainment zone, library lounge, art gallery and business Centre.

Job Description

We're looking for a detail-oriented and analytical F&B Cost Controls Executive to join our organization in Bengaluru, India. In this role, you will be responsible for managing and optimizing food and beverage costs across our operations. You will analyze financial data, implement cost control strategies, and ensure efficient resource utilization while maintaining operational excellence. The ideal candidate will combine strong financial acumen with a deep understanding of F&B operations to drive profitability and operational efficiency.

• Analyze and monitor F&B costs, variances, and spending patterns to identify cost reduction opportunities and implement corrective actions
• Develop and maintain accurate budgets and forecasts for food and beverage departments, ensuring alignment with organizational financial goals
• Conduct regular audits of inventory, procurement, and consumption records to ensure accuracy and compliance with established protocols
• Collaborate with kitchen, service, and procurement teams to optimize purchasing strategies, negotiate vendor contracts, and reduce waste
• Prepare detailed cost control reports and financial statements, presenting findings and recommendations to senior management
• Implement and maintain cost control systems, processes, and documentation to ensure consistency and accountability across all F&B operations
• Monitor and analyze food cost percentages, labor costs, and other key performance indicators to drive continuous improvement
• Ensure compliance with food safety standards, portion control guidelines, and operational procedures
• Identify process inefficiencies and recommend solutions to enhance operational efficiency and profitability
• Train and support F&B staff on cost control procedures, inventory management, and financial best practices

Qualifications

• Proven experience in F&B cost accounting, financial analysis, or cost control within the hospitality or food service industry
• Strong proficiency with accounting software, ERP systems, and POS platforms
• Advanced analytical and data interpretation skills with the ability to identify trends and patterns in financial data
• Comprehensive knowledge of F&B operations, supply chain management, and inventory control systems
• Demonstrated expertise in budget management, forecasting, and variance analysis
• Excellent attention to detail with strong organizational and time management skills
• Proficiency in Microsoft Excel and other data analysis tools
• Knowledge of food safety standards, compliance requirements, and operational best practices
• Experience with process improvement methodologies and cost optimization strategies
• Strong communication and interpersonal skills with the ability to collaborate across departments
• Vendor management and negotiation experience
• Ability to work independently and manage multiple priorities in a fast-paced environment

Additional Information

• Experience with process improvement methodologies and cost optimization strategies
• Strong communication and interpersonal skills with the ability to collaborate across departments
• Vendor management and negotiation experience
• Ability to work independently and manage multiple priorities in a fast-paced environment