Cost Controller

4 - 8 years

5 - 9 Lacs

Posted:2 days ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

The Cost Controller is responsible for monitoring, analyzing, and managing all resort-related costs to ensure optimal profitability. This includes food & beverage cost analysis, inventory management, procurement control, and budget adherence. The role is critical in maintaining operational efficiency and reducing unnecessary expenses without compromising service quality.

Key Responsibilities:

Cost Management:

  • Monitor daily operations to control F&B and operational costs.
  • Analyze cost variance between actual and budgeted figures, and suggest corrective actions.
  • Develop and implement cost control systems, procedures, and policies.

Inventory & Stock Management:

  • Supervise physical inventory counts of F&B, housekeeping, and engineering stores.
  • Ensure accurate inventory valuation and timely reporting.
  • Monitor stock movements and highlight slow/non-moving items.

Purchasing Support:

  • Verify purchase requisitions and ensure adherence to cost budgets.
  • Validate purchase orders and match them with received items and supplier invoices.

Food & Beverage Costing:

  • Conduct recipe costing and monitor portion controls.
  • Track daily consumption of materials and analyze usage vs. sales.
  • Collaborate with the Executive Chef and F&B Manager for menu pricing and cost optimization.

Audit & Compliance:

  • Conduct surprise audits on stores, bars, kitchens, and other cost centers.
  • Ensure compliance with internal controls and hotel standard operating procedures.
  • Assist in monthly/quarterly internal and external audits.

Reporting:

  • Generate and submit regular cost reports to management (daily, weekly, and monthly).
  • Prepare variance analysis and recommendations for cost improvements.

Qualifications & Skills:

  • Bachelor s degree in Commerce, Finance, Hospitality Management, or related field.
  • Experience in cost control within the hospitality industry (resort/hotel experience preferred).
  • Knowledge of inventory systems and accounting software (e.g., IDS, Tally, SAP).
  • Strong analytical and numerical skills.
  • Excellent attention to detail and organizational skills.
  • Familiarity with food costing, procurement processes, and internal controls.
  • Proficient in MS Excel, Word, and reporting tools.

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