Cost Control Manager
Role Overview
Takara Hospitality Group (THG) is looking for an experienced and analytical Cost Control Manager to oversee cost control operations across THG's restaurants and hospitality businesses.
The role will be responsible for monitoring food and beverage costs, inventory, purchasing, waste, stock movements, and cost variances to ensure profitability and operational efficiency across the group.
Key Skills for This Role
Full Job Posting
About the Role
Takara Hospitality Group (THG) is looking for an experienced and analytical Cost Control Manager to oversee cost control operations across THG's restaurants and hospitality businesses.
The role will be responsible for monitoring food and beverage costs, inventory, purchasing, waste, stock movements, and cost variances to ensure profitability and operational efficiency across the group.
Key Responsibilities
- Develop and implement cost control policies and procedures across THG.
- Monitor and analyze Food Cost, Beverage Cost, Labor Cost, and overall operating costs.
- Monitor actual costs against budgets, forecasts, and targets.
- Conduct regular food and beverage cost analysis and identify variances.
- Review and analyze inventory movements, consumption, and stock levels.
- Conduct and monitor monthly and periodic physical inventory counts.
- Investigate discrepancies between physical and system inventory.
- Monitor food waste, spoilage, breakage, and operational losses.
- Review recipes, portion sizes, yields, and standard costs.
- Ensure recipe and menu costing is accurate and regularly updated.
- Analyze menu profitability and recommend pricing or cost improvements.
- Review purchasing prices and supplier quotations in coordination with Procurement.
Additional Responsibilities
- Monitor purchasing and receiving procedures to ensure proper controls are followed.
- Analyze supplier price changes and their impact on food and beverage costs.
- Work closely with Finance, Procurement, Operations, and Restaurant Management.
- Prepare monthly cost control reports and management dashboards.
- Develop and monitor cost-related KPIs.
- Identify cost-saving opportunities without compromising product quality or guest experience.
- Establish and maintain effective internal controls to minimize financial losses.
- Conduct regular branch visits and operational cost audits.
- Train and guide restaurant teams on cost control procedures and inventory practices.
- Support budgeting and forecasting processes.
- Ensure compliance with company policies and financial procedures.
Requirements
- Bachelor's degree in Accounting, Finance, Cost Accounting, Hospitality Management, or a related field.
- 5+ years of relevant experience in Cost Control, preferably within F&B, restaurants, or hospitality.
- Previous experience in a Cost Control Manager / Cost Controller / Senior Cost Controller role.
- Strong knowledge of Food & Beverage Cost Control.
- Strong understanding of inventory management and stock control.
- Experience with recipe costing, menu engineering, portion control, and yield analysis.
- Strong knowledge of purchasing, receiving, and inventory processes.
- Excellent Excel skills and experience with accounting/ERP/POS systems.
- Strong analytical and problem-solving skills.
- Ability to identify cost variances and recommend corrective actions.
- Strong communication and leadership skills.
- Ability to work across multiple branches.
Preferred Qualifications
- Experience with multi-branch restaurant groups is highly preferred.
- SOCPA certification/membership is preferred.
- Arabic and English communication skills are preferred.
Education and Experience Details
Education: Bachelor's (Required).
Experience: two: 10 years (Required).
Location: Al Khobar (Preferred).
Work Location: In person.
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