Job Summery 

 A well- Known Company  is Seeking for passionate and dynamic  Cost Controller to join the team with the following details:

Job Duties 

• Control the Food and Beverage outlets in terms of wastage, pilferage, and efficiency.
• Prepare variance analysis for food & beverage and communicating with relevant parties.
• Develop and implement financial strategies, budgets, and forecasts to achieve short-term and long-term financial goals.
• Conduct regular financial analysis, identify trends, and provide insights on cost-saving opportunities and revenue enhancement strategies.
• Collaborate with management to develop pricing strategies, menu engineering, and cost optimization initiatives.
• Prepare accurate and timely financial statements, including profit and loss statements, balance sheets, and cash flow statements.
• Ensure compliance with accounting standards, internal policies, and relevant regulatory requirements.
• Perform internal audits and implement internal controls to safeguard assets and prevent fraud.
• Monitor and analyze food and beverage costs, labor expenses, and other operational expenditures.
• Implement effective cost control measures, such as inventory management systems, portion control, and waste reduction programs.
• Conduct regular inventory audits and maintain accurate inventory records.
• Manage cash flow and optimize working capital to meet operational requirements.
• Monitor accounts payable and receivable, ensuring timely and accurate processing of payments and collections.
• Collaborate with vendors and negotiate favorable terms to optimize cash flow and achieve cost savings.
• Evaluate, implement, and maintain robust financial systems and software tools to streamline financial processes and reporting.
• Provide training and support to staff members on financial systems and processes.
• Stay updated on industry trends and technological advancements to recommend improvements and efficiencies.
• Collaborate cross-functionally with department heads to align financial objectives with operational goals.
• Provide financial insights and recommendations to support decision-making processes.
• Work closely with Purchasing Department to monitor for all pending or partial deliveries.
• Supervising the Storekeepers.
• Any other tasks as and when required by the management.