F&B Cost Controller (M/F)

London Source: WhatJobs

See advert for pay

Overview

In this F&B Cost Controller role, you will safeguard margins and govern procurement, inventory, and cost of sales across restaurants, bars, kitchens, and events for the Delano London pre-opening team. You will partner with Finance leadership and the Executive team to optimise working capital, ensure robust reporting, controls, and audit readiness, and lead first‑90 day cost control and performance reporting. The position blends hands‑on cost management with pre-opening mobilisation of cost control processes—from supplier onboarding to menu costing. You will work closely with cross‑functional teams to shape the launch of a luxury hospitality brand and deliver sustainable profitability.

Pay / Benefits

competitive package
development opportunities
international group exposure
launch‑stage impact
creative and rewarding environment

Responsibilities

Assist sourcing and supplier management to deliver best‑value F&B products within budget and lead‑time targets
Raise accurate POs and maintain commitment tracking; monitor price movements and secure savings
Manage vendor records, rebates, accruals, and timely invoicing
Perform daily control of voids, discounts, transfers, and staff meals; investigate P&L impact and drive corrective actions
Ensure accurate recipe costing, yields, and item–recipe links; support menu engineering for margin improvement
Produce weekly F&B P&L and report on COGS, commitments, and drivers; provide actionable commentary
Support month‑end close with stock adjustments, accruals, prepayments, rebates, and reclassifications
Maintain internal controls and audit evidence packs for procurement compliance
Verify goods receipt against POs; lead monthly stock counts and investigate variances
Monitor inventory KPIs (days on hand, stock turn, shrinkage) and propose working capital improvements
Provide insights to Operations on portion/yield control, cost variances, and profitability by outlet/daypart/event
Collaborate on pricing decisions and menu changes to sustain target margins

Key requirements

Experience in hotel or luxury hospitality F&B cost control and procurement
Strong organisational skills with a controls mindset
Solid understanding of F&B operations and P&L implications
Proficiency with purchasing and inventory systems (e.g., Astore, Adaco/Infor, or similar) and Excel/Sheets
Clear communicator with credibility to influence operations and challenge constructively
Analytical, deadline‑driven, able to manage multiple priorities
Flexible around month‑end, stock counts, and audits; collaborative and service‑oriented