Company Description
Raffles Seychelles, part of the esteemed Raffles Hotels & Resorts, boasts 20 ultra-luxury properties worldwide, some featuring exclusive branded residences. In 2023-24, four new Raffles hotels will be unveiled. The brand, named after Sir Stamford Raffles, exudes elegant British charm while catering to the modern lifestyles of well-travelled guests. With warm, personalized service and iconic Raffles Butlers, we offer an atmosphere of generosity.
Our hotels are not just accommodations; they are art museums, culinary hubs with renowned chefs, and pioneers in next-gen wellness experiences. We prioritize cultural and natural heritage preservation, employing experts within our properties. At Raffles, guests transform into friends and eventually become family. It's a place to celebrate, explore, exchange ideas, and discover a new dimension of luxury that resonates with emotions as gracefully as the Raffles name itself.
Job Description
Position: Cost Controller
Department: Finance
Reports to: Director of Finance & Business Support
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PURPOSE OF POSITION
To contribute to the success of all F&B Outlets by striving to achieve higher margins through effective analysis and auditing of cost control factors linked to food production and service.
KEY ROLES & RESPONSIBILITIES
INVENTORY PROCEDURES
- Produce monthly F&B cost control report for senior management detailing achieved cost against budget, inventory results and explaining any action points
- Provide concise and accurate reconciliation of F&B costs for Financial Controller
- Conduct monthly physical inventories on all beverage areas (store & beverage outlets), check and sign all inventory sheets in line with policy and procedures
- Produce monthly outlet inventory results detailing credits/debits for adjustments such as management rebates, cocktail sales, wine by the glass, recycled beverages, food transfers
- Assist Accounts department with goods receiving inquiries and invoice application
- Produce monthly (or as required) detailed menu analysis based on recipe costings.
- Produce daily flash food cost report for Executive Chef & Team
Control Procedures
- Introduce and monitor par stock levels in all beverage outlets including banquets
- Ensure POS/PMS is updated with accurate outlet revenue potentials
- Provide Director of F&B with suggestions for future price structuring of menu, utilizing knowledge of current trends and unit prices
- Perform continual housekeeping duties on POS/PMS and maintain correct set up of products for purchase and recipe use
- Liaise with central purchasing department on any supply or pricing issue
Staffing Procedures
- Attend monthly F&B meetings and daily operation briefings
- Ensure compliance with all health, safety and hygienic legislation
- Control monthly payroll and staff requirements in line with business
- Conduct monthly appraisals for cost control staff
- Conduct disciplinary reviews on a timely basis when appropriate
- In conjunction with training manager, provide training for all POS/PMS users
- Willing to work a flexible schedule to accomplish all major responsibilities and tasks
- Monitor the completion and distribution of daily in-house reports (F&B, Rooms segmentation, Flash, and Labour)
- Reconcile and monitor all assigned balance sheet accounts according to the policy
- Responsible for the monthly Journal and closing entries as assigned
- Responsible for month-end deadlines and schedules
- Manage all banking transactions for the operation
- Oversee all revenue processes for the hotel
- Monitor front office rebates. Oversee the preparation of the daily operational package that is routed to the General Manager and the Financial Controller
- Assist the General Cashier in performing surprise float counts
- Assist in General Cash and Income Audit Functions, as required
PERSONAL ATTRIBUTES
- Excellent written and verbal skills
- Ability to motivate employees
- Proven leadership skills
- Significant experience in Word, Excel, POS & PMS and other required systems
EXPERIENCE
- Minimum 3 years previous experience in a similar position preferred
- Experience of manual cost control environment and in F&B department
Qualifications
QUALIFICATIONS
- Graduate of Accounting or Finance Course
