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Cost Controller (F&B/Raffles)

2-4 Years
  • Posted 3 hours ago
  • Be among the first 10 applicants

Job Description

Inventory Control
  • Manage and maintain the Company's inventory management system, ensuring data accuracy, integrity, and seamless operational integration.
  • Continuously review and recommend enhancements to improve the efficiency and effectiveness of the inventory system.
  • Act as the primary goods receiver across all five venues, ensuring all deliveries comply with established receiving procedures and documentation requirements.
  • Conduct weekly physical stock counts of food and beverage inventories, investigating and resolving stock variances promptly.
  • Verify the accuracy of stock transfers, inter-venue movements, and internal requisitions within the inventory system.
  • Review and evaluate asset purchase requests to ensure business necessity and prevent unnecessary expenditure.
Cost Management & Optimisation
  • Monitor food and beverage costs and collaborate with venue managers to identify opportunities for cost optimisation and operational efficiencies.
  • Analyse inventory trends, wastage, and variances, providing recommendations to improve cost control.
  • Review entertainment, transport, and miscellaneous expense claims to ensure compliance with Company policies, approved budgets, and supporting documentation.
Procurement & Supplier Management
  • Lead procurement activities, including vendor sourcing, supplier evaluations, price negotiations, and contract management to achieve cost-effective purchasing outcomes.
  • Obtain and evaluate quotations for capital expenditure (CAPEX) purchases, ensuring value for money and alignment with business requirements.
  • Liaise with suppliers to manage beverage agreements, monitor incentive programmes and rebate targets, and follow up on the timely processing of supplier payouts.
  • Build and maintain strong working relationships with suppliers to ensure consistent service quality and favourable commercial terms.
Compliance, Controls & Systems
  • Develop and implement inventory control procedures and compliance measures to enhance inventory accuracy and strengthen financial governance.
  • Establish and maintain internal controls and operational processes to minimise risks and improve accountability.
  • Administer and maintain the Company's inventory, POS, and related operational systems, ensuring system integrity, data accuracy, and security.
  • Act as the key administrator for POS SKU creation, product mapping, and pricing updates, ensuring consistency across all venues.
  • Identify process improvement opportunities and leverage technology and automation to streamline inventory and procurement workflows.
Qualifications & Experience
  • Diploma or Bachelor's Degree in Supply Chain Management, Business, Hospitality, Finance, or a related discipline.
  • Minimum 2–3 years of experience in inventory management, procurement, cost control, or a similar role, preferably within the F&B, hospitality, or retail industry.
  • Experience with inventory management systems and POS platforms is preferred.
  • Strong proficiency in Microsoft Excel and inventory reporting.
  • Experience with ERP or inventory management software is an advantage.
  • Knowledge of AI tools and automation technologies is advantageous, with the ability to leverage them to improve operational efficiency and streamline workflows.

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Job ID: 151749893