Cost Controller -Readvertised at Frank Management Consult Ltd

Duties & Responsibilities

• Monitor and analyze all daily operational costs to ensure budget compliance.
• Track cost trends and identify opportunities for cost-saving initiatives.
• Oversee inventory control processes for food, beverage, and general supplies.
• Conduct regular stock counts and reconcile discrepancies.
• Ensure proper storage and handling of inventory to minimize wastage and spoilage.
• Verify purchase orders, receiving reports, and supplier invoices to ensure accurate pricing and quantity.
• Assist in vendor evaluation and cost benchmarking to ensure competitive pricing.
• Prepare daily, weekly, and monthly cost reports for management.
• Maintain accurate records of cost transactions and support documents for audits.
• Work with the Executive Chef and F&B Manager to standardize recipes and calculate food and beverage costs.
• Monitor menu item profitability and suggest pricing adjustments as needed.
• Assist in the preparation of departmental budgets and forecasts.
• Compare actual costs against budgets and provide variance analysis.
• Implement and enforce cost control procedures and policies across departments.
• Coordinate with F&B, purchasing, stores, and finance teams to ensure effective cost control.
• Provide training to operational staff on cost-awareness and control procedures.

Minimum Qualifications

• Bachelor’s Degree in Business Administration, Commerce or a related field
• At least 4 years in cost control/revenue roles in a hospitality set up
• Willingness to work at the Mara