Cost Controller

1.00 to 10.00 Years Al, Kuwait, Kuwait 17 Jan, 2024

Job Location	Al, Kuwait, Kuwait
Education	Not Mentioned
Salary	Not Mentioned
Industry	Catering, Food Service, & Restaurant
Functional Area	Not Mentioned

Cost Analysis & Menu Engineering:

Conduct regular cost analyses on food and beverage products.
Identify cost-saving opportunities and implement strategies to improve overall cost efficiency.
Use data-driven insights to make recommendations on pricing adjustments, portion sizes, and menu changes to maximize profitability.

Recipe Costing & Variance Analysis:

Conduct detailed cost analyses for recipes, taking into account the cost of each ingredient and associated overheads.
Regularly review and update recipe costs based on fluctuations in ingredient prices and other factors.
Monitor and analyze variances between expected and actual costs.
Investigate and report on any discrepancies, identifying the root causes and implementing corrective actions.
Use POS reports to cross-reference sales data with inventory usage and costs.
Verify that the standard recipes are up-to-date and accurately reflect current ingredient costs and portion sizes. Make adjustments as needed.

Waste Management:

Implement strategies to minimize food and beverage waste.
Track and analyze wastage patterns, providing recommendations to reduce waste and improve overall efficiency.

Inventory Management:

Maintain accurate and up-to-date records of inventory levels.
Implement inventory control measures to minimize waste and ensure proper stock levels.
Conduct regular stock takes and reconcile variances.

Standard Operating Procedures (SOPs):

Develop and implement SOPs related to cost control and inventory management.
Train staff on SOPs and ensure compliance with established procedures.
Implement strategies to minimize food and beverage waste.
Track and analyze wastage patterns, providing recommendations to reduce waste and improve overall efficiency.

Reporting:

Generate regular reports on key performance indicators (KPIs) related to costs.
Present findings and recommendations to management for strategic decision-making.

Keyskills :

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