Filinvest Hospitality Property: Chroma Hospitality Inc - Corporate Office (Alabang, Muntinlupa City)
Experience: At least 2-year related experience as a food and beverage cost controller or financial analysis
Create exceptional experiences with Filinvest Hospitality. We are hiring an F&B Controls and Performance Officer with the following expertise:
STRATEGIC PERFORMANCE REVIEW
- Analyze financial and operational performance across all managed F&B outlets and properties.
- Monitor key performance indicators including revenue, covers, average check, food and beverage cost, payroll, productivity, and profitability.
- Review MTD, YTD, budget, forecast, and prior-year performance to identify significant trends, gaps, risks, and opportunities.
- Provide data-driven insights and strategic recommendations to the Corporate Assistant Director of F&B and relevant stakeholders.
COST AND PROFITABILITY MANAGEMENT
- Review food cost, beverage cost, payroll, and operating expenses against budget, forecast, and prior year; identify significant cost drivers and unfavorable variances and recommend corrective actions.
- Analyze operational efficiency and productivity across managed F&B operations by evaluating indicators such as cost per cover, payroll productivity, and cost-to-revenue ratios.
- Collaborate with Corporate and Property Cost Controllers and F&B teams to develop and monitor cost and profitability improvement initiatives and measure their financial impact.
- Evaluate profitability and margin improvement opportunities and provide recommendations to strengthen overall F&B financial performance.
- Manage and monitor standardized recipes, ingredient specifications, yields, portions, and recipe costs to support accurate food costing, consistency, and effective cost control.
REVENUE, COMMERCIAL PERFORMANCE AND FINANCIAL PLANNING
- Evaluate revenue performance, menu mix, pricing, promotions, average check, contribution margins, and sales trends against budget, forecast, and prior year.
- Identify opportunities to improve revenue generation, product profitability, sales mix, and overall commercial performance.
- Support the F&B team in assessing the financial and commercial impact of new initiatives, promotions, packages, and revenue-generating strategies.
- Support the review of F&B budgets, forecasts, and business plans, including the evaluation of key revenue, volume, and cost assumptions.
- Monitor commercial initiatives and provide recommendations based on their financial performance and results.
PERFORMANCE, REPORTING AND ADMINISTRATIVE SUPPORT
- Consolidate and analyze monthly F&B financial and operational reports across all managed properties, ensuring accuracy, consistency, and timely submission for management review.
- Maintain and continuously update existing F&B performance dashboards while developing new dashboards and analytical tools that improve the speed, accuracy, and efficiency of performance analysis.
- Ensure relevant F&B data and performance information are readily available upon management request for review and decision-making.
- Monitor agreed performance improvement action plans and key deliverables, coordinate follow-ups with property teams and Cost Controllers, and track the financial and operational impact of initiatives.
- Prepare and consolidate reports, management presentations, action trackers, and other F&B performance-related deliverables as required.
- Utilize Business Central and extract relevant financial, operational, inventory, and F&B data for performance analysis, reporting, and management review.
PROPERTY SYSTEMS IMPLEMENTATION AND SUSTENANCE
- Provide guidance and coaching to property F&B teams on performance analysis, reporting, dashboards, and data-driven decision-making.
- Conduct training and knowledge-sharing sessions to strengthen capability and ensure proper utilization of F&B performance tools and systems.
- Monitor adoption and compliance with established reporting and performance management practices, provide feedback, and promote accountability and continuous improvement across properties.
PEOPLE MANAGEMENT AND DEVELOPMENT
- Provide guidance and coaching to property F&B teams on performance analysis, reporting, dashboards, and data-driven decision-making.
- Conduct training and knowledge-sharing sessions to strengthen the team’s understanding and proper utilization of F&B performance tools, reports, and dashboards.
- Monitor adoption and compliance with established reporting and performance management practices, provide feedback, and promote accountability and continuous improvement across properties.