Cost Controller

TASKS, DUTIES AND RESPONSIBILITIESTo analyze costs, identify areas for potential savings, and work with various teams to implement cost-effective strategies. Ensures the lowest cost consistent with required quality standards on a timely basis by procuring foods, beverages, materials, services, equipment and supplies within the RHG supplier platformEnsures competitive pricing is used for all foods, beverages, cleaning supplies, consumable supplies and materials. All pricing variances to be communicated to Procurement ManagerCost Reduction: Identifying opportunities to reduce costs and improve efficiencyQuarterly price comparisons to be performedIdentifies local vendors if preferred RHG suppliers cannot assist with the requirement and negotiates rates/price together with relevant department head and informs RHG Procurement (In line with SOP)Assist with monthly OE/ Assets stock countsEnsures that all stock received and issued within the system (Materials Control) is done daily which also allows for segregation between Storeman and PurchasingFollow-up on outstanding credit notesFollows corporate guidelines on purchasing from corporate suppliersEnsures that purchased items adhere to par levels standards; takes corrective action as requiredEnsures that orders placed correspondent to the invoice received eg. weight, prices, dates, quantity and order number on the invoiceMaintain pricing catalogues and inform relevant departments of all price fluctuations. The impact of the price increase/decrease to be evaluated together with the HOD.Ensure that FIFO is implemented correctlyCommunicate with Storeman and HOD’s regarding daily, weekly and monthly deliveries and servicesMaintains the competitive status and profitability of the purchasing operation by monitoring industry trends and recommending appropriate action to be takenProvides assistance in the calculation of cost of all selling items based on purchase price and marketAssist departments in achieving their required COS % targetsEnsure food and beverage cost prices are kept in line with approved menu costingsPrepares a weekly purchase report and send to relevant department headsAs the recipient with access to the inventory control system and access to pricing, assist with weekly and month end stock stakesPerforms regular Inventory Counts as well as regular spot checksRegularly reviews ICQ requirements and performs test to ensure complianceDaily Credit Card Reconciliation & Cash ReconciliationsVerifies price on corporate contract items