Food And Beverage Controller

Key Responsibilities:

1. Financial Management:
• Develop and manage the annual budget for the F&B department.
• Monitor financial performance, analyze variances, and recommend corrective actions.
• Prepare monthly financial reports and forecasts for senior management.
• Oversee the preparation of daily, weekly, and monthly financial reports, including profit and loss statements, balance sheets, and cash flow statements.
2. Cost Control:
• Implement effective cost control measures to minimize waste and optimize resources.
• Conduct regular audits of inventory, purchasing, and consumption to ensure compliance with financial policies.
• Negotiate with suppliers to secure favorable terms and pricing.
• Review and approve all F&B purchase orders and invoices.
3. Operational Efficiency:
• Collaborate with the F&B management team to streamline operations and improve service delivery.
• Ensure compliance with health, safety, and sanitation standards.
• Develop and implement standard operating procedures (SOPs) for F&B operations.
• Conduct regular performance reviews and provide training and development for F&B staff.
4. Strategic Planning:
• Participate in the development of long-term strategic plans for the F&B department.
• Identify opportunities for growth and innovation within the F&B operations.
• Provide financial insights and recommendations to support business decisions and strategic initiatives.
• Provide regular reports on financials and insights on various requirements.
5. Stakeholder Management:
• Build and maintain strong relationships with internal and external stakeholders, including suppliers, contractors, and regulatory bodies.
• Communicate financial performance and strategic initiatives to senior management and other key stakeholders.
• Collaborate with other departments to ensure alignment and support for F&B initiatives.

Experience and qualifications required for the job

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field. A Masters degree or professional accounting certification (e.g., CPA, CMA) is preferred.
• Minimum of 7-10 years of experience in financial management, with at least 2 years in a senior F&B controller or similar role within the hospitality industry.
• Strong knowledge of financial reporting, budgeting, and cost control principles.
• Excellent analytical, problem-solving, and decision-making skills.
• Proficiency in financial software (IDS) and Microsoft Office Suite (Excel, Word, PowerPoint).