Cost Controller (F&B and Hospitality)

Plaza Premium GroupCost Controller (F&B and Hospitality)KSA - JeddahRESPONSIBILITIES:Monitor and analyse weekly and monthly F&B costs, including consumptions, purchase price variances and other key cost indicators.Prepare F&B cost control and inventory reports, highlighting significant variances, trends and areas requiring management attention.Monitor physical stock counts and reconcile inventory balances between physical stock and system records.Investigate inventory variances, abnormal stock movements, negative stock, wastage, breakages, transfers and inventory adjustments.Monitor purchasing and receiving activities, including Purchase Orders, Delivery Notes, GRNs, invoice matching and outstanding transactions.Review supplier pricing and quotation comparisons and highlight significant price changes or purchasing discrepancies.Maintain and monitor recipe costing to ensure the correct products, UOMs, quantities and costs are accurately reflected.Support menu pricing and profitability reviews by verifying recipe accuracy, proposed selling prices and profit margins.Identify duplicate, obsolete, inactive or incorrectly created products and coordinate with Procurement and Operations for corrective action.Monitor stock holding, stock turnover, slow-moving items and potential obsolete inventory.Ensure compliance with Cost Control Operating Manuals, procedures and internal control requirements.Conduct periodic process reviews and follow up with operational teams on identified control gaps and corrective actions.Provide practical cost control guidance to operational teams and support continuous improvement of F&B cost control processes.Assist with the implementation of new cost control processes, Operating Manuals and training initiatives.Ensure all cost control activities, reports, reconciliations and supporting documentation are completed accurately and within the required timelines.Identify opportunities to improve cost efficiency, strengthen internal controls, reduce unnecessary costs and improve overall F&B profitabilityREQUIREMENTS:Should possess minimum Degree in Finance or related field.Minimum 5 years of working experience in similar position.Experience in receiving, store and hotel operation is an advantage.Good verbal and written communication skills.Good analytics and reporting skills.Ability to multitask, work in a fast-paced environment.Good knowledge and use of Check SCM is mandatory including F&B POS.Have a high-level attention to detail.Ability to work independently and to collaborate with others to promote an environment of teamwork.