Senior Cost Controller (Food & Beverage)
Kuwait Hotel Company
Total years of experience :11 years, 10 Months
Senior F & B Cost Controller February 2019 - Present
Kuwait Hotel Company (High-End Catering & Restaurant & Bakery Business) - ( Kuwait Catering Company, Tayebat, Kaviar, Cake & Bake, Kharouf Beirut)
(Kuwait)
RESPONSIBILITIES:
• Costing catering functions and suggesting the sale price to sales team
• Reviewing recipes of catering function and monitoring the cost.
• Spot auditing the recipes for items provided in catering as per recipe.
• Tracking and keeping records of equipment’s flow used in event.
• Proving monthly and weekly cost dashboards to concerned parties.
• Menu engineering for all restaurants.
• Sales analysis on basis of fast moving items and highest profitability items.
• Coordinating with inventory team and spot audits on inventory items.
• Analyzing inventory cycle and highlighting nonmoving items and near expiry items.
• Comparing actual cost vs theoretical cost, and preparing variance report accordingly.
• Preparing annual budget for cost and sales.
• Projecting the inventory and assisting in stocking up the items.
• Auditing company assets and equipment’s on locations.
• Supporting purchase team, in market study and in negotiation of prices as per consumption.
• Reviewing Q&A monthly reports and assuring the items are maintained in perfect condition.
• Preparing monthly Dashboard on cost for management in order to better understand the cycle and flow.
• Analyzing the delivery orders and the area, and suggesting marketing team to target.
• Preparing delivery order list and timings, and proving data to HR for performance of drivers.
• Calculating equipment cost, labor cost and logistic costs, . And preparing report accordingly.
Senior F & B Cost Controller February 2019 - Present
Kuwait Hotel Company (High-End Catering & Restaurant & Bakery Business) - ( Kuwait Catering Company, Tayebat, Kaviar, Cake & Bake, Kharouf Beirut)
(Kuwait)
RESPONSIBILITIES:
• Costing catering functions and suggesting the sale price to sales team
• Reviewing recipes of catering function and monitoring the cost.
• Spot auditing the recipes for items provided in catering as per recipe.
• Tracking and keeping records of equipment’s flow used in event.
• Proving monthly and weekly cost dashboards to concerned parties.
• Menu engineering for all restaurants.
• Sales analysis on basis of fast moving items and highest profitability items.
• Coordinating with inventory team and spot audits on inventory items.
• Analyzing inventory cycle and highlighting nonmoving items and near expiry items.
• Comparing actual cost vs theoretical cost, and preparing variance report accordingly.
• Preparing annual budget for cost and sales.
• Projecting the inventory and assisting in stocking up the items.
• Auditing company assets and equipment’s on locations.
• Supporting purchase team, in market study and in negotiation of prices as per consumption.
• Reviewing Q&A monthly reports and assuring the items are maintained in perfect condition.
• Preparing monthly Dashboard on cost for management in order to better understand the cycle and flow.
• Analyzing the delivery orders and the area, and suggesting marketing team to target.
• Preparing delivery order list and timings, and proving data to HR for performance of drivers.
• Calculating equipment cost, labor cost and logistic costs, . And preparing report accordingly.
RESPONSIBILITIES:
• To control the Food & Beverage Cost.
• Engineer the menu in terms of costing.
• Prepare variance analysis for food & beverage and communicating/discussing with relevant parties.
• Update and maintain recipes into the systems.
• Coordinate with restaurant management and finance to sort out issues pertaining to F&B.
• Update the reports selling prices and send the list to IT to post in the POS as per the instruction from authorized persons.
• Check and ensure all menu items' have a recipe with cost & selling price.
• Establishing/maintaining a healthy F&B cycle process for the F&B Cost controlling.
• Over look the team members in the F & B Cost control department.
• Verify all generated reports that are prepare with regards to F&B costing for accuracy before submitting to management.
• Continuously studing weaknesses of controls implemented at restaurant and suggest for improvements.
• Check the daily Food & Beverage revenues report for accuracy of covers and average check.
• Verify the daily and monthly cost report department in relation to cost of sales.
• Lead negotiations with suppliers with regards to purchases/returns, prices, specifications, payment terms and other key terms and conditions.
• Verify that standard purchase specifications are adhered to consistently
• Performing any other task as assigned from Line Manager.
• Ensuring all closing stock and transfer are accurate and entered correctly. Checking for any fluctuations in closing stock and verifying with locations.
• Preparing bi-weekly food cost report for restaurants to overlook the performance and providing with same to all locations.
• Verifying internal transfers and petty cash purchases and making sure that, petty cash is used under company policy.
• Preparing P&L and Expense Dashboard on Monthly Basis.
• Auditing company assets booked with actual assets on location.
• Preparing Reports to show highest profitable items in restaurant & comparing it with Sales.
• Assisting operations manager in Studying and comparing costing of menu items sold by competitors.
• Monitoring the consumption of the food items based on the sales and inventory reports.
F&B STOCK :
• Participate for stock take at restaurants.
• Arrange surprise spot checks at the outlets.
• Maintain a daily record of inventory purchased for every chart of account and ensure it is balance with account payable.
• Spot check on the receiving department to ensure that the scales are correct and goods are checked for quality.
• Check and ensure that no material is issued out from the store without requisition or approval from the respective department head.
• Organize and do stock take and monthly closing procedures and to prepare all journals.
• Check invoices against receiving record and compare them with purchase order and purchase request, and to ensure that all invoices are stamped and signed by authorized person.
• Record the total daily purchase and ensure at the month end balancing with account payable.
• Check and ensure that all inventories purchased are in balance with account payable.
• Ensure that purchasing obtains up-to-date and accurate prices by comparing prices against supplier’s quotations.
• Check and review filled requisitions and ensure that goods are not issued more than requested.
• Conduct spot check to ensure that the goods received are as per specifications and the deliveries of goods by suppliers are consistent with the receiving schedule and the storerooms are not overstock especially during month end.
F & B Cost Accountant (1.5 YEARS EXPERIENCE) Nov 2014 -Present
Crystal House Kuwait (Restaurant Business) - ( 4 Restaurants - Zwarah Restaurant in Avenues mall & Sie View, Kief Kaif in Gatemall & 360 Mall)
(Kuwait)
• Currently working in Crystal House as a Cost Controller / Cost Accountant.
• Responsible for cost control and breakage of all the food items produced within the firm.
• Handling purchases of the food items required of the restaurant operations.
• Responsible for entering all kinds of purchases into the company software.
• Responsible for receiving all the sales invoices related to the restaurant and entering the same in the accounting software of the firm.
• Handling the inventory of all the Food & non Food items related to the restaurant operations.
• Responsible for visiting all the restaurants for taking inventory count of the food and non-food items at the beginning and end of the month (Opening and Closing Inventory).
• Entering all the inventory data into the accounting software and preparing reports based on it.
• Responsible for preparing Profit & Loss accounts of all the 4 restaurants on weekly and monthly basis.
• Responsible for transferring the Kief Kaif production done by Zwarah from Ameen to Microsis.
• Responsible for submitting food cost report to the Finance Manager on monthly basis.
• Other reports include Menu mix report, Sales v/s consumption report, Wastage report, Highest and lowest selling items report & Daily sales consumption reports.
• Preparing year to date sales report for comparison.
• Responsible for recipe costing, which includes menu recipe and production recipe.
• Coordinating with the IT department for introducing new items in the POS system as & when required.
• Attending weekly and monthly meetings and giving suggestions regarding the best selling price for the food items.
• Monitoring the consumption of the food items based on the sales and inventory reports.
• Responsible for visiting the restaurants twice a week for spot checks and reporting the same to the finance manager of the company.
• Responsible for coordinating with the restaurant staff and restaurant manager for handling the restaurant operations.
Cost Controller & Purchase Officer (2.5 YEARS EXPERIENCE) May2012-Present
Al Kulaib Salad Creations (Restaurant Business) - ( 4 Restaurants - in Zain, Baitak Tower,
360 Mall & Kuwait University)
(Kuwait)
Appointed as a Cost Control & Inventory Manager in Salad Creations.
• Handling the accounts of the company and Preparing Financial Statements & Balance Sheets.
• Preparing Bank reconciliation statements & Interacting with the Auditors on weekly basis.
• Responsible for entering the day to day expenses, transaction, sales and purchases of the company in the company software.
• Maintaining the accounts on daily basis.
• Responsible for Food Cost Control by inspecting the market prices of the items from time to time.
• Weekly inspection of inventory of the restaurant and preparing reports and presentation for the same.
• Inspecting the validity of the inventory and other items.
• Controlling the inventory and keeping an account of it.
• Preparing presentations for showing the growth of the sales of company on weekly basis.
• Preparing the menu for the restaurant by introducing new items as and when required.
• Preparing the salary accounts of all the employees and responsible for giving them salaries on time.
• Preparing Accounts receivables and payables of the company.
• Handling the POS System (sales software) of the company by keeping a track of all the sales and discounts done and preparing a report for the same.
• Providing training to the restaurant staff for POS system as and when required.
• Responsible for visiting the restaurants for Spot Checking.
• Submitting accounts on weekly basis and on monthly basis for the company.
• Responsible for paying the creditors on time and maintaining an account of all the creditors of the company.
• Also responsible for depositing the sales cash into the bank, as directed by the general manager.
• Attending the weekly meetings and suggesting the measures to be taken for increasing the company sales from time to time.
• Suggesting solutions for increasing sales of the company; Contributing to smooth running of the company.
Have completed Masters in Commerce & Masters in Business Administration from MLSU , India.