This role is responsible for implementing and maintaining effective cost control measures across our newly launched coffee shop and upcoming luxury restaurant. You will play a key role in optimizing food and beverage costs, minimizing operational expenses, and ensuring profitability across all locations. Through meticulous analysis, cost-saving initiatives, and collaboration with department heads, you will contribute to the financial success of our company.**Key Responsibilities**:- Analyze food and beverage costs, labor costs, and other operational expenses by locations.- Prepare detailed cost reports and variance analyses, highlighting areas of savings and potential improvements.- Present cost analysis findings to management and collaborate on action plans to address cost deviations.- Develop and implement efficient inventory control procedures to minimize waste and spoilage.- Analyze and optimize purchase orders to ensure cost-effective procurement of materials and supplies.- Monitor inventory levels and implement timely reordering to avoid stockouts and surplus losses.- Analyze menu item profitability and recommend pricing adjustments to optimize margins.- Assist with new menu development by calculating and ensuring item profitability.- Approve any Recipe changes or new product recipe approval- Monitor market trends and competitor pricing to ensure competitive pricing strategies.- Identify and implement cost-saving opportunities across all departments and operations.- Negotiate better deals with suppliers and vendors to reduce procurement costs.- Analyze energy consumption and recommend initiatives to reduce utility costs.- Monitor food waste and implement measures to minimize kitchen waste.- Work closely with department heads (Operations, Kitchen, Purchasing, etc.) to improve cost awareness and implement cost-saving measures.- Provide training and guidance to staff on cost control practices and procedures.- Communicate cost performance metrics and key findings to relevant stakeholders.- Maintain accurate and up-to-date cost data using the company's financial systems.- Utilize data analysis tools to identify trends, patterns, and potential areas for improvement.- Generate reports and presentations to effectively communicate cost analysis findings.**Requirements**:- Bachelor's degree in Finance, Business Administration, or a related field (strongly preferred).- Minimum 3 years of experience in cost control, financial analysis, or inventory management.- Proven track record of successfully implementing cost-saving initiatives in a food and beverage or hospitality setting.- Strong analytical and problem-solving skills, with the ability to identify and analyze cost challenges.- Excellent communication and interpersonal skills, with the ability to effectively collaborate with various teams.- Proficient in spreadsheet software (Excel, Google Sheets) and data analysis tools. Knowledge of food and beverage operations and costing principles is a plus.- Additional Information: This is a full-time position located in Central Jakarta, Jakarta, Indonesia.
