|Published||November 15, 2023|
|Location||Dubai, United Arab Emirates|
|Category||Chefs / F&B / Housekeeping / Hospitality|
The role of the F&B Cost Controller at Waldorf Astoria Dubai International Financial Centre is to analyze Food & Beverage costs and control factors to ensure the implementation of cost-effective measures throughout the Food & Beverage department.
What will I be doing?
The F&B Cost Controller at Waldorf Astoria Dubai International Financial Centre will provide an effective auditing system for the activities of the Hotel as well as a summary of costs which is required by the Finance & Accounting division to prepare monthly reports. Will be also in charge to provide to the Director of F&B and Finance Manager the necessary financial information to assist in effectively managing profit centers.
The job description of a Food and Beverage Cost Controller includes the following key responsibilities:
- Menu Costing:Calculate and analyze the costs of ingredients and materials used in various menu items. This involves understanding portion sizes, recipes, and the current market prices of food and beverage items.
- Inventory Management: Monitor inventory levels of food and beverage items, track usage, and ensure that inventory turnover is optimized. Implement inventory control measures to prevent overstocking or wastage.
- Purchasing and Procurement: Work closely with the procurement team to ensure that the best quality ingredients and materials are sourced at optimal prices. Negotiate with suppliers to secure favorable terms and discounts.
- Vendor Management: Maintain relationships with suppliers and vendors, ensuring timely deliveries and accurate invoicing. Verify the accuracy of received orders and resolve any discrepancies.
- Cost Analysis and Reporting:Regularly analyze food and beverage costs, comparing actual costs to budgeted costs. Prepare and present reports to management detailing cost trends, deviations, and recommendations for cost-saving measures.
- Waste Reduction: Implement strategies to minimize food and beverage wastage, such as portion control, proper storage techniques, and efficient production processes.
- Menu Engineering: Collaborate with chefs and culinary teams to optimize the menu mix by identifying high-margin items and encouraging their promotion.
- Standard Operating Procedures: Develop and implement standard operating procedures (SOPs) for food and beverage cost control, including guidelines for purchasing, receiving, storage, and production.
- Training and Communication: Educate the team members about cost control practices, including proper portioning, waste reduction, and cost-conscious decision-making.
- Compliance: Ensure compliance with health and safety regulations, as well as any legal and industry standards related to food and beverage operations.
- Budget Development:Collaborate with management to develop budgets for the food and beverage department. This includes setting cost targets and forecasting expenses based on historical data and anticipated business levels.
- Continuous Improvement: Identify opportunities for process improvements, automation, and efficiency enhancements within the food and beverage cost control process.
In essence, a Food and Beverage Cost Controller at Waldorf Astoria Dubai International Financial Centre plays a crucial role in ensuring that the food and beverage operations of an establishment are financially sound, efficient, and aligned with budgetary goals while maintaining quality standards.
What are we looking for?
- Support Accounts Payable function at hotel by communicating with other departments and SSC_AP
- Prepare MPO’s as and when required for invoices, final settlements etc.
- Direct emails related to accounts payable to concerned team member at SSC level.
- Prepare vendor creation form as and when required
- Organize weekly payment through SSC RAK. Promptly follow-up on the important and urgent payments with SSC when required.
- Resolve any discrepancies as arising relating to Accounts Payable.
- Additional Preferences:
- University degree in Accounting or Finance
What will it be like to work for Waldorf Astoria Hotels & Resorts?
Waldorf Astoria provides guests the exceptional environment and the personalized attention of True Waldorf Service that creates a singular experience. If you understand the value of personalized attention and know how to treat even the most extraordinarily different experiences with the same rich level of customer service, you may just be the person we are looking for!