F&B Cost Controller

Network Finance; Wes-Kaap; On-site; ZAR 300,000 - 420,000; Full time

Job summary

Network Finance is seeking a skilled F&B Cost Controller to safeguard profitability across Food & Beverage operations. The role focuses on stock control, procurement, cost analysis and reporting, partnering with F&B leadership to improve margins and controls.

Responsibilities include supplier invoice controls, three-way matching, stock counts, variance analysis and menu costing. Hospitality finance experience and high integrity are essential.

Qualifications

• Minimum of 2–3 years’ experience in F&B cost control, procurement or hospitality finance.
• Strong financial and analytical acumen, including cost of sales calculations and variance analysis.
• Advanced Microsoft Excel skills.
• Working knowledge of stock management and inventory control principles.
• Experience with POS systems such as Micros or equivalent.
• Exceptional attention to detail, accuracy and organisation.
• Strong analytical, problem-solving and commercial judgement.
• Excellent communication, interpersonal and stakeholder management skills.
• Ability to work independently and manage multiple deadlines.
• High integrity and strong ethical standards.

Responsibilities

• Manage procurement, receiving and supplier invoice controls.
• Verify deliveries against authorised purchase orders and delivery documentation.
• Perform three-way matching of purchase orders, delivery notes and supplier invoices.
• Conduct and oversee weekly beverage counts and monthly full stock counts across F&B outlets, bars, cellars and storage areas.
• Reconcile stock movements, investigate variances and monitor inter-outlet transfers.
• Monitor stock levels and minimise wastage, spoilage, shrinkage and stock losses.
• Calculate weekly Food & Beverage cost percentages and prepare daily and monthly cost reports.
• Analyse actual versus budget performance and provide variance commentary.
• Monitor supplier pricing and identify opportunities for improved cost efficiency.
• Maintain recipe costings and standard portion controls.
• Conduct menu costing and profitability analysis.
• Partner with the Executive Chef and F&B management team to strengthen cost control and improve margins.
• Ensure compliance with financial policies, procurement procedures and internal controls.
• Identify and report potential fraud risks and support internal and external audits.
• Build strong relationships across Finance, F&B and other operational departments.

Education

Hospitality, Finance, Accounting or Supply Chain qualification

Advanced Microsoft Excel skills

2–3 years’ experience in F&B cost control

Stock management / inventory control

POS systems experience (Micros or equivalent)

Analytical, variance analysis

Attention to detail and organisation

Communication & stakeholder management

Independence & deadline management

Ethical standards & integrity

Tools

POS systems (Micros)

Job description

A prestigious luxury hospitality establishment is looking for an F&B Cost Controller to join their finance team.

The successful candidate will be responsible for safeguarding the financial integrity and profitability of the Food & Beverage operations, with a strong focus on stock control, procurement, cost analysis, wastage, supplier management and accurate financial reporting.

Key Responsibilities:

• Manage procurement, receiving and supplier invoice controls
• Verify deliveries against authorised purchase orders and delivery documentation
• Perform three-way matching of purchase orders, delivery notes and supplier invoices
• Conduct and oversee weekly beverage counts and monthly full stock counts across F&B outlets, bars, cellars and storage areas
• Reconcile stock movements, investigate variances and monitor inter-outlet transfers
• Monitor stock levels and minimise wastage, spoilage, shrinkage and stock losses
• Calculate weekly Food & Beverage cost percentages and prepare daily and monthly cost reports
• Analyse actual versus budget performance and provide variance commentary
• Monitor supplier pricing and identify opportunities for improved cost efficiency
• Maintain recipe costings and standard portion controls
• Conduct menu costing and profitability analysis
• Partner with the Executive Chef and F&B management team to strengthen cost control and improve margins
• Ensure compliance with financial policies, procurement procedures and internal controls
• Identify and report potential fraud risks and support internal and external audits
• Build strong relationships across Finance, F&B and other operational departments

Job Experience and Skills Required:

• Minimum of 2–3 years’ experience in F&B cost control, procurement or hospitality finance
• Strong financial and analytical acumen, including cost of sales calculations and variance analysis
• Advanced Microsoft Excel skills
• Working knowledge of stock management and inventory control principles
• Experience with POS systems such as Micros or equivalent
• Exceptional attention to detail, accuracy and organisation
• Strong analytical, problem-solving and commercial judgement
• Excellent communication, interpersonal and stakeholder management skills
• Ability to work independently and manage multiple deadlines
• High integrity and strong ethical standards

Advantageous:

• Hospitality, Finance, Accounting or Supply Chain qualification
• Experience with hotel accounting systems / HMS
• Experience with recipe costing and menu engineering
• Luxury hospitality experience
• Food Safety or Health & Safety certification