Job Description
Title: Cost Controller
Company Name: Renaissance Dhaka Gulshan Hotel RDGH
Vacancy: 1
Age: at most 40 years
Location: Dhaka
Salary: Tk. 70000 - 140000 (Monthly)
Experience:
∎ 5 to 7 years
∎ The applicants should have experience in the following business area(s):Hotel
Published: 28 Jul 2024
Education:
∎ Master of Business Administration (MBA)
Requirements:
Additional Requirements:
∎ Age at most 40 years
Responsibilities & Context:
∎ Maintain a detailed inventory of all food and beverage items in stock.
∎ Regularly conduct physical inventories and reconcile them with system records.
∎ Ensure adequate stock levels while minimizing wastage.
∎ Monitor and analyze the cost of food and beverage products.
∎ Identify cost variances and investigate discrepancies.
∎ Recommend and implement cost-saving measures without compromising quality.
∎ Negotiate with suppliers to obtain the best prices and quality for products.
∎ Ensure compliance with vendor contracts and agreements.
∎ Evaluate supplier performance and recommend changes when necessary.
∎ Oversee the receiving process to ensure the accuracy and quality of products received.
∎ Review purchase requisitions and approve orders in accordance with established guidelines.
∎ Assist in the development of the annual food and beverage budget.
∎ Provide financial data and cost projections to support budgeting and forecasting processes.
∎ Prepare regular reports on F&B costs, consumption, and variances.
∎ Present findings and recommendations to management.
∎ Collaborate with chefs and F&B managers to analyze menu item profitability.
∎ Suggest menu changes or pricing adjustments based on cost analysis.
∎ Ensure compliance with internal controls, accounting standards, and company policies.
∎ Maintain accurate and organized records of financial transactions related to food and beverage.
∎ Train and educate F&B staff on cost control procedures.
∎ Implement waste reduction strategies to minimize food and beverage waste, ensuring efficient use of resources.
∎ Conduct regular audits of food and beverage costs, processes, and documentation to maintain accuracy and integrity in cost control measures.
∎ Develop and update standard operating procedures related to cost control, inventory management, and procurement.
∎ Collaborate with the finance department to provide data for financial forecasting and track the performance of the F&B department against budgeted goals.
∎ Stay informed about and ensure compliance with relevant food safety regulations and licensing requirements.
∎ Analyze the cost of sales for food and beverages, identifying trends and variances.
∎ Implement strategies to optimize the cost of sales, including portion control and efficient use of ingredients.
∎ Monitor pricing effectiveness and adjust as needed to maximize profitability.
∎ Foster strong and collaborative relationships with suppliers and negotiate favorable terms and conditions.
∎ Evaluate supplier performance and ensure timely deliveries and product quality.
∎ Ensure that food safety and hygiene standards are met, including HACCP (Hazard Analysis and Critical Control Points) guidelines.
∎ Conduct regular audits to verify compliance with food safety regulations.
∎ Analyze beverage inventory and suggest strategies to minimize losses and waste.
∎ Training and guidance to F&B staff on cost control best practices and the importance of managing costs effectively.
∎ Assist with the financial closure process at the end of each month and fiscal year, providing accurate data for financial reporting.
∎ Stay updated on the latest software and technology solutions for cost control, inventory management, and procurement to improve efficiency.
∎ Prepare detailed financial reports for management, highlighting key cost control metrics, and presenting recommendations for improvement.
Compensation & Other Benefits:
∎ Mobile bill
∎ Lunch Facilities: Full Subsidize
∎ Salary Review: Yearly
∎ Festival Bonus: 2
∎ Attractive Service Charge benefit
∎ Compensatory Duty Meal
∎ Bereavement Leave & Others as per Law
∎ Group Insurance Coverage
∎ Uniform & Complimentary Laundry Facility
∎ Extensive Take Care Activities
∎ Engaging Work Environment
∎ In-house Doctor Support
∎ Comprehensive Learning & Development Program
∎ Career Advancement
Employment Status: Full Time
Job Location: Dhaka
Company Information:
∎ Renaissance Dhaka Gulshan Hotel RDGH
∎ 78 Gulshan Avenue, Gulshan-1, Dhaka -1212
Address::
∎ 78 Gulshan Avenue, Gulshan-1, Dhaka -1212
Read Before Apply: Please apply only who are fulfilling all the requirements of this job
Application Deadline: 27 Aug 2024
Category: Accounting/Finance
