F&B Cost Controller
No salary listed
Mid
London, UK
In Person
AccountingCost & Management Accounting
About the job
Requirements
- Experience in hotel or luxury hospitality food and beverage cost control or procurement, with clear ownership of cost of goods sold, inventory, and supplier financials.
- Strong organizational skills and attention to detail, with a controls mindset and accountability for financial outcomes.
- Solid understanding of food and beverage operations, product standards, seasonality, yield and portion control, and their profit and loss implications.
- Proficiency with purchasing and inventory systems such as Astore, Adaco, Infor, or similar, and confident Excel or Sheets skills, including lookups, pivots, variance analysis, and sensitivity analysis.
- Clear, professional communication and credibility to influence operational teams and challenge constructively.
- Analytical and deadline-driven, with the ability to manage multiple priorities across close, stock counts, and reporting cycles.
- Flexibility around month-end, stock counts, and audits; collaborative and service-oriented.
Responsibilities
- Assist sourcing best-value, brand-standard food and beverage products within budget, cash flow, and lead-time targets, balancing cost, quality, and risk.
- Ensure accurate purchase orders are raised by food and beverage and maintain commitment tracking to provide visibility of open liabilities and cash requirements.
- Monitor price movements and negotiate cost improvements, rebates, and terms; quantify savings and record benefits realization.
- Maintain complete vendor records, including contracts, specifications, pricing, certifications, and service-level agreements, with version control and expiry alerts.
- Manage rebate and retroactive agreements, post monthly accruals, and ensure timely, accurate invoicing.
- Perform daily control over voids, discounts, transfers, promotions, and staff meals; investigate anomalies, quantify profit and loss impact, and drive corrective actions.
- Ensure accurate recipe costing, standard yields, and item-recipe links in inventory systems; partner on menu engineering to improve gross margin and contribution per cover.
- Produce weekly flash profit and loss reporting for food and beverage, including cost of goods sold percentage, purchase commitments, variance versus budget or forecast, and key drivers; present commentary and actions.
- Deliver month-end close inputs, including stock adjustments, accruals, prepayments, rebates, and cost reclassifications; reconcile food and beverage cost of goods sold to movements.
- Maintain strong internal controls, including procurement policy compliance, segregation of duties, and audit evidence packs.
- Verify goods received against purchase orders for price, quantity, and quality; ensure accuracy and aid storage to protect asset value and reduce write-offs.
- Lead or assist monthly stock counts; reconcile variances, identify root causes, and implement process fixes; report shrinkage rates and trend analysis.
- Monitor slow-moving and short-dated items; recommend mitigation such as menu specials, transfers, or supplier returns, and quantify waste avoidance.
- Track inventory key performance indicators, including days on hand, stock turn, write-off percentage, and goods received not invoiced ageing; propose actions to optimize working capital.
- Perform three-way matching of purchase orders, delivery notes, and invoices; resolve discrepancies with accounts payable and promptly clear aged items.
- Provide actionable insights to Operations on portion and yield control, ideal versus actual cost variances, and profitability by outlet, daypart, and event.
- Collaborate on pricing decisions and menu changes to achieve target margins while maintaining brand standards.
About the company
Accor is a global hospitality group with brands spanning economy to luxury. It earns revenue from room bookings, food and beverage, and management fees from franchised properties, while providing hotel management and franchising services. The company grows through acquisitions and investments, such as Adoria for catering and Squarebreak for upscale villa rentals, combining global expertise with local know-how. Its goal is to expand its footprint while delivering consistent, responsible guest experiences and advancing sustainability across its operations, supported by its loyalty program A Club.
Company Size
10,001+
Company Stage
IPO
Headquarters
Issy-les-Moulineaux, France
Founded
1967
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Simplify's Take
What believers are saying
- American Express expanded ALL Accor globally on July 22, 2026, widening acquisition channels.
- Accor opened 109 hotels in H1 2026, and plans 350 openings during 2026.
- H1 2026 recurring EBITDA rose 6.5% despite disruption, showing pricing and cost discipline.
What critics are saying
- Reuters reported Grizzly Research trafficking allegations on March 19, 2026; trust damage persists.
- Middle East conflict cut Q2 room revenue on July 30, 2026, hurting UAE demand.
- Net debt hit €3.523 billion in H1 2026; Essendi impairment signals balance-sheet pressure.
What makes All Accor unique
- ALL Accor reached 100 million members and drives twice-frequent stays.
- Accor spans 45 brands across 110 countries, reducing reliance on any single market.
- Its asset-light model pairs 268,000-room pipeline with luxury brands like Raffles and Orient Express.
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Benefits
- Employee Discounts
- Professional Development Budget