Cost Control 73 views

Cost Control

The Cost Controller plays a critical role in the hospitality industry by ensuring the financial efficiency and operational success of cost control of operations (F&B and all other company operations). This role focuses on cost control, inventory management, and financial reporting to maximize profitability while maintaining quality and compliance with industry standards.

Job Resposiblilty

• Monitor and control all F&B and labor costs, all operation cost like spa, hair salon, Gym analyzing variances and implementing corrective actions.
• Oversee inventory management, including stock takes, waste reduction, and FIFO procedures.
• Prepare detailed daily, weekly, and monthly cost reports and provide actionable insights.
• Analyze menu profitability, ensure accurate recipe costing, and assist in pricing strategies.
• Analyze Service profitability, ensure accurate costing, and assist in pricing strategies.
• Collaborate with procurement to evaluate suppliers and secure competitive pricing.
• Ensure strict compliance with health, safety, and company policies.
• Train staff on cost control, portioning, and waste management procedures.
• Conduct regular audits and spot-checks on portions, preparation, and storage.
• Perform other duties when and assign with supervisor.

Life Sport GYM PLC is company with state-of-the-art facilities in key locations across Addis Ababa. Our branches in Gerji (Max View Gym & Bold & Blow Restaurant) and Sunshine MeriLoqe Residence Village (Active-8 Recreation Center) offer top-tier gym services, dining, and recreational experiences.

Required Skill

• Experience: Minimum of 2 years of experience in a similar role, preferably in the hospitality industry with a focus on food and beverage & cost control.
• Skill: Strong analytical skills with the ability to interpret financial data, analyze cost variances. Excellent in inventory management systems and Microsoft Excel.