Cost Controller at Cold Springs Hotels Homabay

Job description

• Report on all stock movement and stock position daily, weekly and monthly
• Participate in management, control, salvage and usage of usable left over food items.
• Track and advise the F&B manager and the Executive chef on the latest trends on portion costing, so that they can adequately price 
• Manage staff meals budget and provide the monthly cost on the same
• Maintain and conduct inventory of bar and beverages stock
• Prepare daily cost, potential sales, actual sales report and investigate any variances
• Prepare a daily food and beverage cost by costing all requisitions and direct issues 
• Check on the budgets, cost and suggest effective methods of managing variances 
• Ensure accuracy of the stores stock 
• Prepare a monthly update of all cost and pricing to ensure the same is in line with the Hotels budget 

·        Forecast supply and demand to prevent overstocking and running out-of-stock (OOS)

• Perform weekly inventory reconciliation i.e. physical stock with the stock in the system and advise management on the cause of deviations (if any).
• Ensure no item is issued out of the store without a requisition with proper authorization
• Check and confirm the prices on our menus are captured correctly on POs.
• Perform periodic checks on the value of the restaurant food Vs posted food totals, perform spot check on bins 
• Conduct that monthly inventory is conducted on food, beverage, cutlery, crockery, glassware, cleaning materials, re-saleable, empties, linen, stationery, and disposable 
• Prepare monthly reports for accounts department

Requirement

• 3years’ experience in the hospitality industry in a similar role preferably in a 4 star or 5 Star hotel
• Bachelor’s Degree in Finance / Accounting /Commerce
• Working knowledge of financial principles & F&B controls
• Working knowledge of Inventory & POS Systems – Micros Fidelio / Materials Controls is preferable
• Good computer skills: MS Excel, Receiving Software, Inventory system & Micros POS