F & B Cost Controller

A Leading Retail company in Kuwait.

Kuwait

Ref: NP982-35

Job description / Role

Employment: Full Time

ROLE
- Responsible for calculating costs of food and beverage items.
- Record information and produce control.
- Reports periodically to help maintain a suitable inventory of food and beverage items for the restaurant.
- Help change price menus or change the prices of certain items based on the gathered information.

RESPONSIBILITIES:
To control the Food & Beverage Cost.
Engineer the menu in terms of costing.
Prepare variance analysis for food & beverage and communicating/discussing with the Finance Manger and the Executive Chef.
Update and maintain receipts into the systems.
Coordinate with restaurant management and finance to sort out issues pertaining to F&B.
Update selling prices in POS as per the instruction from authorized persons.
Continuously study weaknesses in controls implemented at the restaurant and suggest for improvements.
Check the daily Food & Beverage revenues report submitted and audit for accuracy of covers and average check.
Prepare the daily and monthly cost report department in relation to cost of sales.
Check and ensure all menu items have a recipe.
Print and distribute menu sales analysis of the respective department on a monthly basis.
Participate in stock takes at the restaurants.
Arrange surprise spot checks at the outlets.
Maintain a daily record of inventory purchased for every chart of account and ensure it is balance with account payable.
Spot check on the receiving department to ensure that the scales are correct and goods are checked for quality.
Organize and do stock take and monthly closing procedures and to prepare all journals. Prepare cost board and the related journal vouchers.
Record the total daily purchase by chart of accounts and accumulate for month end balancing with account payable.
Conduct spot check to ensure that the goods received are as per specifications and the deliveries of goods by suppliers are consistent with the receiving schedule and the storerooms are not overstock especially during month-end.
Post actual stock results in the system and print inventory valuation report.
Organize quarterly stock take on all operating equipment of the restaurant and prepare detail loss and breakage quantities and amount.
Updating the system with goods received notes (GRNs), stock transfers etc. and updating sales from POS-Micros system at the restaurants.
Coordinate with group IT division to sort out any System/POS issues.

Requirements

Around 3-5 years of work experience in a similar role.
Bachelors degree in accounting or finance.
Advanced Excel skills, including macros and pivot tables.
Point of sale system experience preferred.
Inventory system experience preferred.
Good MS Office skills particularly strong capabilities in MS Excel.
Able to work independently and highly meticulous.

About the Company

A leading retail company in Kuwait.

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