The Cost Controller plays a crucial role in the catering and food service industry by ensuring that all financial aspects of the business are managed effectively. This position involves monitoring and analyzing costs associated with food production, labor, and overhead to maximize profitability while maintaining quality standards. The ideal candidate will have a strong background in finance and accounting, combined with a passion for the food service industry. They will work closely with various departments to implement cost-saving measures and improve overall financial performance.
Responsibilities:
- Monitor and analyze food and labor costs to ensure budget adherence.
- Prepare detailed cost reports and forecasts for management review.
- Collaborate with the purchasing department to negotiate supplier contracts and pricing.
- Conduct regular audits of inventory and supplies to minimize waste.
- Implement cost control measures and track their effectiveness.
- Assist in the preparation of annual budgets and financial plans.
- Provide training and support to staff on cost management practices.
- Analyze variances between actual and budgeted costs and recommend corrective actions.
- Maintain accurate records of all financial transactions.
- Support management in strategic decision-making through financial analysis.
Preferred Candidate:
- Strong analytical and problem-solving skills.
- Excellent attention to detail and accuracy.
- Ability to work under pressure and meet tight deadlines.
- Proficient in financial software and Microsoft Excel.
- Strong communication and interpersonal skills.
- Experience in the food service industry is a plus.
- Ability to work collaboratively with cross-functional teams.
- Proactive approach to identifying cost-saving opportunities.
- Strong organizational skills and ability to prioritize tasks.
- Commitment to continuous improvement and professional development.
Skills
- Proficiency in financial analysis and reporting.
- Strong understanding of cost accounting principles.
- Experience with budgeting and forecasting.
- Knowledge of inventory management systems.
- Ability to analyze financial data and identify trends.
- Excellent communication and presentation skills.
- Familiarity with ERP systems.
- Strong organizational and time management skills.