The Cost Controller is responsible for implementing, monitoring, and maintaining robust cost and inventory control systems across all hotel departments, with a particular focus on Food & Beverage (F&B) and operational supplies.
This role ensures cost efficiency, accuracy in financial reporting, and strict adherence to established financial policies and procedures to maximize hotel profitability.
Key Responsibilities
Track daily, weekly, and monthly costs (especially food and beverage).
Analyze cost variances and investigate discrepancies.
Recommend cost-saving measures without compromising quality.
Prepare cost reports for management review
Monitor stock levels and conduct regular physical inventory counts
Reconcile inventory records with actual stock
Identify slow-moving, expired, or wasted items
Calculate standard recipe costs and menu pricing
Analyze profitability of menu items
Work closely with chefs to optimize food cost percentages
Monitor wastage, spoilage, and pilferage
Implement controls to reduce losses
Support internal and external audits
Maintain proper documentation for all transactions
Requirement
Bachelor’s Degree in Accounting, Finance, Hospitality Management, or a related field.
Minimum of 2–5 years experience in cost control, preferably in hospitality (hotels, restaurants, catering)
Skills:
Proficiency in hotel-specific cost control/inventory systems (e.g., Material Control, Micros, Opera, Fidelio).
Advanced proficiency in Microsoft Excel for analysis and reporting.
Strong analytical, numerical, and problem-solving skills.
Exceptional attention to detail and meticulousness in data handling.