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FampB Cost Controller

Location
Manama, ALMANAMAH, Bahrain, Bahrain

Posted on
Jun 11, 2023

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Profile

The F&B Cost Controller analyzes Food & Beverage costs and controls factors to ensure the implementation of cost-effective measures throughout the Food & Beverage department. This role prepares various reports and conducts weekly meetings to keep departments and directors apprised of trends and cost factors. The role plans and directs actions to be performed to correct activities harmful to the profitability of our food & beverage department. The role assists in any other way deemed necessary for the efficient overall operation of the Finance Department in full compliance with the policy, regulatory and contractual framework. The role will business partner with all hotel finance team members, the F&B department. The role will participate in all relevant Finance training and development programs. In case of a joint job role any responsibility relevant joint job descriptions will apply in accordance with Hilton’s job segregation policies.

What will I be doing?

The F&B Cost Controller analyzes Food & Beverage costs and controls factors to ensure the implementation of cost-effective measures throughout the Food & Beverage department. This role prepares various reports and conducts weekly meetings to keep departments and directors apprised of trends and cost factors. Specifically, you will be responsible for performing the following tasks to the highest standards:


Supervise storekeepers, storemen (where applicable) and receiving clerk
Ensure the security of all stores, including proper restrictions on the issue of keys and general access
Ensure that all incoming goods are received via the Receiving Area, with deliveries properly checked against purchase orders and market lists
Inspect and test goods whenever deemed necessary, especially with regard to food and beverage items
Record and verify all food and beverage invoices on daily basis for price deviation, total and unit prices which should conform to the approved market prices
Ensure that accumulated daily invoices agree to amounts transferred to Accounts Payable
Make regular spot checks and inspections of storerooms, receiving area, and all outlets Check duty invoices to ensure that correct duty has been applied
Have full and extensive knowledge of the hotel inventory system and responsible for the maintenance of the system
Train users on the hotel inventory system and assists in the setup of requisition lists, purchasing lists etc
Ensure all inventory items are correctly set up in the hotel inventory system including sizes, descriptions, purchase units etc
Ensure that proper records are kept of inventory receipts, issues, returns and transfers and proper authorization thereof
Introduce stringent cost control measures
Monitor and investigate spoilage and recommend appropriate actions to reduce
Co-ordinate with F&B Manager and Executive Chef for performing recipe costing and recommended retail prices for F&B item
Co-ordinate with other operating departments for performing costing and recommended selling prices
Conduct monthly costing and ensure prompt submission of all month-end reports within deadlines
Conduct and co-ordinate monthly stock takes of outlets and storerooms
Conduct and co-ordinate regular stock takes of operating equipment
Conduct market price surveys in conjunction with the Purchasing Manager and Executive Chef
Prepare monthly listing of slow moving and obsolete stock items with recommendations for action
Co-ordinate with other departments, especially F&B Department regarding cost matters
Calculate daily cost of sales with regard to officer’s checks and entertainment bills
Monitor food cost of sales on a regular basis to ensure it remains in line with budget
Flexible in relation to working hours
Maintain good relations with other hotel departments
Handle all requests and enquiries in a timely, efficient and friendly manner
Perform any additional tasks assigned to ensure that the hotel functions smoothly
Support Chief Clerk/Assistant in preparing proper documentation for balance sheet reconciliation


What are we looking for?


Ability to analyze large volume of complex financial information from many sources and create reports, forecasts, and projections
Strong problem solving skills, including ability to effectively address any issue in collaboration with others as appropriate
Ability to proactively identify and prevent potential problems
Ability to help develop problem solving skills among direct reports and other team members as appropriate
Ability to take initiative to identify, prioritize and implement all elements required for team to fulfill responsibilities
Detail oriented and organized
Ability to develop presentations and effectively present to all levels of company, hotels & owners.
Strong communication and negotiation skills (all levels of management and external customers)
Proficient in MS Excel, Word and Outlook with the ability to quickly learn new programs when required


Additional Preferences:


University degree in Accounting or Finance


What will it be like to work for Hilton?

Hilton is the leading global hospitality company, spanning the lodging sector from luxurious full-service hotels and resorts to extended-stay suites and mid-priced hotels. For nearly a century, Hilton has offered business and leisure travelers the finest in accommodations, service, amenities and value. Hilton is dedicated to continuing its tradition of providing exceptional guest experiences across its global brands (****. Our vision “to fill the earth with the light and warmth of hospitality” unites us as a team to create remarkable hospitality experiences around the world every day. And, our amazing Team Members are at the heart of it all!

Job: Finance

Title: F&B Cost Controller

Location: null

Requisition ID: HOT09KQY

EOE/AA/Disabled/Veterans

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