About the Role

Plaza Premium Group is seeking a Cost Controller specializing in F&B and Hospitality to join their team in Jeddah, KSA. This full-time position requires a professional with 5-10 years of experience to manage and optimize cost control processes within the F&B and hospitality sectors.

Key Responsibilities

• Monitor and analyze weekly and monthly F&B costs, including consumptions, purchase price variances, and other key cost indicators.
• Prepare F&B cost control and inventory reports, highlighting significant variances, trends, and areas requiring management attention.
• Monitor physical stock counts and reconcile inventory balances between physical stock and system records.
• Investigate inventory variances, abnormal stock movements, negative stock, wastage, breakages, transfers, and inventory adjustments.
• Monitor purchasing and receiving activities, including Purchase Orders, Delivery Notes, GRNs, invoice matching, and outstanding transactions.
• Review supplier pricing and quotation comparisons, highlighting significant price changes or purchasing discrepancies.
• Maintain and monitor recipe costing to ensure accurate reflection of products, UOMs, quantities, and costs.
• Support menu pricing and profitability reviews by verifying recipe accuracy, proposed selling prices, and profit margins.
• Identify duplicate, obsolete, inactive, or incorrectly created products and coordinate with Procurement and Operations for corrective action.
• Monitor stock holding, stock turnover, slow-moving items, and potential obsolete inventory.
• Ensure compliance with Cost Control Operating Manuals, procedures, and internal control requirements.
• Conduct periodic process reviews and follow up with operational teams on identified control gaps and corrective actions.
• Provide practical cost control guidance to operational teams and support continuous improvement of F&B cost control processes.
• Assist with the implementation of new cost control processes, Operating Manuals, and training initiatives.
• Ensure all cost control activities, reports, reconciliations, and supporting documentation are completed accurately and within required timelines.
• Identify opportunities to improve cost efficiency, strengthen internal controls, reduce unnecessary costs, and improve overall F&B profitability.

Qualifications and Experience

• Minimum Degree in Finance or a related field.
• Minimum of 5 years of working experience in a similar position.
• Experience in receiving, store, and hotel operations is an advantage.

Required Skills

• Good verbal and written communication skills.
• Strong analytical and reporting skills.
• Ability to multitask and work effectively in a fast-paced environment.
• Mandatory good knowledge and use of Check SCM, including F&B POS.
• High-level attention to detail.
• Ability to work independently and collaborate with others to promote teamwork.

Work Environment

This role is based in Jeddah, KSA, and operates on a full-time basis within the Plaza Premium Group's F&B and hospitality operations.