job description
Join Initia, a dynamic leader in Baliâs thriving F&B industry, as our Senior Cost Controller and become the guardian of profitability for our premium outlets across Canggu, Ubud, Denpasar, Jimbaran, Nusa Dua, Kuta, and Badung. In this pivotal role, youâll drive financial discipline across food, beverage, and operational expenditures, ensuring every dollar spent contributes to our bottom line while maintaining the high standards our guests expect.
Baliâs F&B scene is booming, and Initia is at the forefront of this growth. As our Cost Controller, youâll work closely with operations, procurement, and finance teams to optimize costs without compromising quality. Your analytical prowess will help identify savings opportunities, streamline processes, and implement best practices in cost management. This is more than a numbers gameâitâs about shaping the financial health of our business while supporting our mission to deliver exceptional dining experiences.
If youâre a detail-oriented professional with a passion for data-driven decision-making and a track record in F&B cost control, we want you on our team. Enjoy a competitive salary, opportunities for career growth, and the chance to work in one of the worldâs most vibrant hospitality markets. Apply now and take the next step in your finance career with Initia!
Responsibility
- Monitor and analyze daily, weekly, and monthly cost reports for food, beverage, and operational expenses across all F&B outlets.
- Collaborate with procurement and operations teams to negotiate contracts, optimize vendor relationships, and ensure cost-effective purchasing.
- Develop and implement cost control policies, procedures, and systems to enhance financial efficiency and reduce waste.
- Conduct regular inventory audits and variance analysis to identify discrepancies and recommend corrective actions.
- Prepare and present financial reports to senior management, highlighting cost trends, risks, and opportunities for improvement.
- Work with kitchen and bar teams to standardize recipes, portion controls, and yield management to maximize profitability.
- Lead cost-saving initiatives, such as bulk purchasing, seasonal menu adjustments, and energy efficiency programs.
- Ensure compliance with company financial policies, local regulations, and industry best practices in cost management.
Qualifications
- Bachelorâs degree in Accounting, Finance, Business Administration, or a related field.
- Minimum 5 years of experience in cost control, financial analysis, or accounting within the F&B or hospitality industry.
- Strong proficiency in Microsoft Excel, ERP systems (e.g., SAP, Oracle), and financial reporting tools.
- Excellent analytical skills with the ability to interpret complex financial data and provide actionable insights.
- Experience with inventory management, procurement, and supply chain processes in a multi-outlet environment.
- Knowledge of Indonesian tax regulations and financial compliance standards is a plus.
- Strong communication and interpersonal skills to collaborate effectively with cross-functional teams.
- Detail-oriented, proactive, and able to work under pressure in a fast-paced environment.