Oversee the preparation and analysis of daily food and beverage costs and recommend cost-saving alternatives to improve overall profitability.
Conduct periodic food and beverage spot checks to ensure inventory accuracy and compliance with established controls.
Establish and maintain a comprehensive database for food and beverage inventory stock, including up-to-date pricing, and ensure that all relevant stakeholders have access to this information.
Develop and implement a cost allocation transfer system for food and beverage supplies to the various departments and regularly summarize these transactions for each financial period close.
Calculate all food and beverage costs and input these costs into the point of sales system to generate monthly potential food and beverage cost of sales reports.
Track the status of both food and non-food inventory to ensure adequate supplies are available and provide recommendations for ordering as necessary.
Price all food and beverage storeroom requisitions and compute Monthly food and beverage actual costs by outlet and Monthly storeroom variances for food and beverage.
Provide guidance and support to the F&B management team on menu costing to establish menu item sale prices and ensure that all menu items are properly rung up in the system.
Establish and monitor the operational controllers in the catering/restaurants, food and beverage outlets, in Menu Items (ensure that they are properly rung up the system), Operation inventories and reconciliations, Point of Sale system user capabilities and controls etc.
Ensure effective portion control to minimize waste and maximize profitability.
Prepare F&B reports as requested by management and provide strategic insights on pricing strategies and cost management initiatives.
Update all databases relating to GCC outlets and ensure that all stakeholders have access to accurate and up-to-date information.
Perform other job-related duties as assigned by management.
Maintain discretion and maturity in handling sensitive or confidential data.
Work closely with different departments and stakeholders to ensure effective implementation of cost-saving measures and pricing strategies.
