Cost Controller Associate Manager

This role is responsible for implementing and maintaining effective cost control measures across our newly launched coffee shop and upcoming luxury restaurant. You will play a key role in optimizing food and beverage costs, minimizing operational expenses, and ensuring profitability across all locations. Through meticulous analysis, cost-saving initiatives, and collaboration with department heads, you will contribute to the financial success of our company.

Key Responsibilities:

• Analyze food and beverage costs, labor costs, and other operational expenses by locations.
• Prepare detailed cost reports and variance analyses, highlighting areas of savings and potential improvements.
• Present cost analysis findings to management and collaborate on action plans to address cost deviations.
• Develop and implement efficient inventory control procedures to minimize waste and spoilage.
• Analyze and optimize purchase orders to ensure cost-effective procurement of materials and supplies.
• Monitor inventory levels and implement timely reordering to avoid stockouts and surplus losses.
• Analyze menu item profitability and recommend pricing adjustments to optimize margins.
• Assist with new menu development by calculating and ensuring item profitability.
• Approve any Recipe changes or new product recipe approval
• Monitor market trends and competitor pricing to ensure competitive pricing strategies.
• Identify and implement cost-saving opportunities across all departments and operations.
• Negotiate better deals with suppliers and vendors to reduce procurement costs.
• Analyze energy consumption and recommend initiatives to reduce utility costs.
• Monitor food waste and implement measures to minimize kitchen waste.
• Work closely with department heads (Operations, Kitchen, Purchasing, etc.) to improve cost awareness and implement cost-saving measures.
• Provide training and guidance to staff on cost control practices and procedures.
• Communicate cost performance metrics and key findings to relevant stakeholders.
• Maintain accurate and up-to-date cost data using the companys financial systems.
• Utilize data analysis tools to identify trends, patterns, and potential areas for improvement.
• Generate reports and presentations to effectively communicate cost analysis findings.

Requirements:

• Bachelors degree in Finance, Business Administration, or a related field (strongly preferred).
• Minimum 3 years of experience in cost control, financial analysis, or inventory management.
• Proven track record of successfully implementing cost-saving initiatives in a food and beverage or hospitality setting.
• Strong analytical and problem-solving skills, with the ability to identify and analyze cost challenges.
• Excellent communication and interpersonal skills, with the ability to effectively collaborate with various teams.
• Proficient in spreadsheet software (Excel, Google Sheets) and data analysis tools. Knowledge of food and beverage operations and costing principles is a plus.
• Additional Information: This is a full-time position located in Central Jakarta, Jakarta, Indonesia.
• The ideal candidate will be a highly motivated and results-oriented individual with a strong work ethic.