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F&B Cost Controller

Delano
Hospitality
Hospitality
Negotiable
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Description

Location
London

Hours
Full Time - Flexible around month-end, stock counts, and audits

Salary
Negotiable

About the Role
We are seeking an exceptional F&B Cost Controller to join the pre-opening team of Delano London. Reporting to the Director of Finance, you will lead end-to-end financial governance of procurement, inventory, and cost of sales across restaurants, bars, kitchens, and events, occasionally supporting other operational departments. As part of the Finance team, you will partner closely with the Director of F&B, Executive Chef, and Bar Manager to safeguard margins, optimise working capital, and ensure robust reporting, controls, and audit readiness.

Your responsibilities will include supporting the pre-opening mobilisation of all Food & Beverage cost control processes such as supplier onboarding, opening stock planning, par level establishment, recipe costing, inventory system configuration, stock count procedures, receiving controls, menu cost validation, and preparing the first 90-day cost control and performance reports.

Delano London is set to open in 2026, blending historic charm with contemporary luxury. The 67-key luxury retreat will offer soft minimalist design, generous living spaces, and park views, creating a distinctive lifestyle destination where design, dining, nightlife, and wellbeing seamlessly converge.

Key Responsibilities:
- Procurement finance and supplier management: sourcing best-value F&B products within budget and lead-time targets, raising accurate purchase orders, monitoring price movements, negotiating cost improvements, and managing vendor records.
- Cost control, reporting, and compliance: daily control over voids, discounts, transfers, promotions, and staff meals; accurate recipe costing and menu engineering; weekly flash P&L reporting; month-end close inputs; maintaining strong internal controls.
- Inventory and stock integrity: verifying goods received, leading monthly stock counts, reconciling variances, monitoring slow-moving items, and tracking inventory KPIs.
- Finance partnership and planning: three-way matching of POs, delivery notes, and invoices; providing actionable insights to operations; collaborating on pricing and menu changes to achieve target margins while maintaining brand standards.

Requirements

Experience
Proven experience in hotel or luxury hospitality F&B cost control and procurement with clear ownership of COGS, inventory, and supplier financials.

About you
Strong organisational skills and attention to detail with a controls mindset and accountability for financial outcomes. Solid understanding of F&B operations, product standards, seasonality, yield/portion control, and their P&L implications. Clear, professional communicator with the credibility to influence operational teams and challenge constructively. Analytical, deadline-driven, and comfortable managing multiple priorities across close, stock counts, and reporting cycles. Collaborative and service-oriented with flexibility around month-end, stock counts, and audits.

Qualifications
Proficiency with purchasing and inventory systems (e.g., Astore, Adaco/Infor, or similar) and confident Excel/Sheets skills including lookups, pivots, variance, and sensitivity analysis.

Expiry date: 09/09/2026
F&B Cost Controller
Company:
Delano
Job Type:
Full-time
Location:
London