Cost Controller-Hospitality

6 days ago

Lahore, Punjab, Pakistan Indigo developers Full time 300,000 - 600,000 per year

Position Summary:

The Cost Controller is responsible for monitoring, analyzing, and controlling all hotel costs to ensure optimal profitability while maintaining operational efficiency and compliance with financial standards.

Main Duties & Responsibilities:

  • Supervise and control 
    food, beverage, and operational costs
    , ensuring alignment with approved budgets and cost standards.
  • Review and verify 
    daily receiving reports, store issues, and kitchen transfers
     to ensure accurate costing and consumption tracking.
  • Prepare 
    daily, weekly, and monthly cost and variance reports
    , analyzing deviations between actual and standard costs.
  • Monitor 
    inventory management
    , conduct regular stock audits, and coordinate with the Accounts and Purchasing departments to minimize waste and pilferage.
  • Evaluate and update 
    costing procedures, recipes, and standard portion controls
     in coordination with the Executive Chef and F&B Manager.
  • Support management in 
    budget preparation, forecasting, and pricing strategies
     to ensure profitability.
  • Ensure all cost control systems and records comply with hotel policies and internal audit requirements.

Minimum Requirements:

  • Education:
     Bachelor's degree in Accounting, Finance, or Hotel Management.
  • Experience:
     Minimum 
    4–6 years
     in cost control or finance within the hospitality industry (preferably 4-star or 5-star hotels).
  • Skills:
     Proficiency in MS Excel, and financial reporting.
  • Knowledge:
     Strong understanding of 
    F&B cost management, inventory control, and procurement processes.

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