Key Responsibilities
1. Food & Beverage Cost Control
- Monitor and analyse food and beverage costs across all outlets.
- Track actual consumption against theoretical consumption and identify variances.
- Monitor food cost, beverage cost and overall cost percentages.
- Identify reasons for cost deviations and recommend corrective measures.
- Ensure adherence to budgeted cost targets.
2. Inventory & Stock Management
- Oversee periodic stock audits and physical inventory verification across outlets.
- Monitor stock levels, consumption patterns, transfers and wastage.
- Ensure proper documentation of stock receipts, issues, returns and transfers.
- Identify slow-moving, excess, expired and non-moving inventory.
- Implement effective inventory control processes to minimise pilferage and wastage.
3. Purchase & Vendor Management
- Monitor purchase practices and ensure compliance with approved procurement procedures.
- Verify purchase orders, goods received notes (GRNs), invoices and stock entries.
- Analyse purchase price variations and highlight discrepancies.
- Coordinate with procurement and vendors to ensure cost efficiency.
- Ensure purchases are aligned with approved specifications and rates.
4. Menu Engineering & Recipe Costing
- Prepare and maintain standard recipe costing for food and beverage items.
- Monitor portion control and adherence to standard recipes.
- Analyse menu profitability and contribution margins.
- Work with the culinary and operations teams on menu engineering.
- Evaluate the financial impact of menu price changes and new product introductions.
5. MIS & Financial Reporting
- Prepare monthly food and beverage cost reports for individual outlets.
- Develop and maintain reports on stock consumption, wastage, variances and inventory.
- Prepare outlet-wise cost comparison and trend analysis.
- Share actionable insights with Finance and Operations leadership.
- Assist in budgeting, forecasting and periodic financial reviews.
6. Process Compliance & Audit
- Conduct surprise stock checks and periodic outlet audits.
- Ensure compliance with inventory and cost-control SOPs.
- Identify process gaps, pilferage risks and operational inefficiencies.
- Recommend improvements in stock handling, storage and consumption controls.
- Follow up with outlet teams on audit observations and corrective actions.
Key Skills & Competencies
- Strong knowledge of food and beverage cost control.
- Excellent understanding of inventory management and stock reconciliation.
- Knowledge of recipe costing, menu engineering and portion control.
- Strong analytical and numerical abilities.
- Proficiency in MS Excel and ERP / inventory management systems.
- Good communication and coordination skills.
- Ability to work with multiple restaurant outlets and cross-functional teams.
- Strong attention to detail and problem‑solving abilities.
Educational Qualification & Experience
- Bachelor's degree in Hotel Management, Hospitality, Finance, Commerce or a related field.
- 3-4 years of relevant experience in F&B cost control, preferably in a multi‑outlet restaurant chain or hospitality organisation.
- Experience in handling centralised cost control for multiple outlets will be preferred.