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F&B Cost Controls Executive
Accor Hospitality
posted 9d ago
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Flexible timing
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Job Description
Company Description
Your Fairmont Journey Starts Here:
Job Description
Key Responsibilities:
- Oversee the procurement, storage, and issuance of food and beverage inventory to ensure adequate stock levels while minimizing waste and spoilage.
- Analyze the hotel costs on a regular basis, including ingredient costs, portion sizes, menu prices, and sales trends, to identify variances and opportunities for cost optimization.
- Collaborate with the culinary team and food and beverage managers to develop menus that balance profitability with guest satisfaction, taking into account ingredient costs, pricing strategies, and menu engineering principles.
- Negotiate favorable terms with suppliers and vendors to secure competitive pricing, quality products, and timely deliveries, while maintaining strong vendor relationships.
- Establish and enforce internal controls and procedures for food and beverage procurement, storage, and disbursement to prevent theft, shrinkage, and unauthorized use of inventory.
- Prepare regular reports and analysis on food and beverage costs, inventory levels, sales performance, and profitability metrics for management review and decision-making.
Qualifications
- Bachelors degree in Hospitality Management, Finance, Accounting, or related field; Certified Hospitality Accountant Executive (CHAE) certification preferred.
- Minimum of 2 years of experience in a similar role, preferably in the hospitality industry with a focus on food and beverage cost control.
- Strong analytical skills with the ability to interpret financial data, analyze cost variances, and develop actionable insights.
- Proficiency in inventory management systems, financial software, and Microsoft Excel.
- Excellent communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams.
- Detail-oriented with a strong focus on accuracy and precision in financial calculations and reporting.
Employment Type: Full Time, Permanent
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based on 75 employees
Flexible timing
Rotational Shift
No travel
Day Shift
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