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Food & Beverage Cost Analyst

Company: The Estate Yountville
Location: Yountville
Posted on: April 3, 2024

Job Description:

SR. ACCOUNTANT, FOOD & BEVERAGEYountville, CALaying in the heart of Napa Valley, The Estate Yountville features two magnificent hotels that embody the perfect getaway and retreat. Surrounded by vineyards, Michelin-star restaurants and exquisite views in Yountville, our 22-acre haven sits among one the most coveted viticulture regions in the world. We invite our guests to immerse themselves in a redesigned Wine Country experience in a delightfully vino-cultured manner: two luxury hotels with decidedly different personalities - the vibrant Hotel Villagio and its sophisticated counterpart, Vintage House, a chic and tranquil sanctuary. A combined room-count of nearly 200 rooms and suites allows us to create a memorable experience for any occasion!JOB SUMMARYThe Sr. Accountant, Food & Beverage will play a crucial role in managing and analyzing financial data related to Food and Beverage (F&B), Banquets, and Catering operations. This position will work closely with the F&B Director and collaborate with the Finance Director to ensure accurate financial reporting, cost control, and decision-making within these areas. The ideal candidate will have a strong background in accounting, financial analysis, and a deep understanding of F&B cost management. ESSENTIAL JOB RESPONSIBILITIES:

  • Analyze F&B, Banquets, and Catering cost structures to identify areas of improvement and cost-saving opportunities. Assist in the development of annual budgets and forecasts for F&B, Banquets, and Catering operations.
  • Monitor and report on actual vs. budgeted performance.
  • Oversee inventory control processes, including tracking, reconciling, and reporting on F&B inventory levels.
  • Implement strategies to reduce waste and optimize inventory turnover.
  • Prepare regular cost reports for F&B, Banquets, and Catering, providing detailed insights into cost trends, variances, and recommendations for improvement.
  • Collaborate with culinary and sales teams to assess the profitability of menu items and catering packages.
  • Investigate and report on variances between actual and expected costs, identifying root causes and recommending corrective actions.
  • Evaluate vendor contracts, negotiate terms, and maintain strong relationships with suppliers to ensure cost-effectiveness and quality of products and services.
  • Ensure compliance with accounting principles and internal controls in F&B cost management.
  • Assist in the month-end closing process, including reconciling accounts, preparing journal entries, and producing accurate financial statements. REQUIRED QUALIFICATIONS:
    • Bachelor's Degree required
    • At least 5 years of progressive experience in a hotel or a related industry
    • Requires advanced knowledge of the principles and practices within the finance and hospitality professions
    • Requires ability to investigate and analyze current activities and/or information in a specialized field involving readily available data and indicating logical conclusions and recommendations Hotel Villagio & Vintage House offer an attractive compensation and benefits package and the opportunity to be part of a dynamic team.The above is intended to describe the general content of and requirements for the performance of this job. It is not to be construed as an exhaustive statement of duties, responsibilities, or requirements. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time.Hotel Villagio and Vintage House are equal opportunity employers (Minorities/Females/Disabled/Veterans) PM22

      Compensation details: 95000-105000 Yearly SalaryPI7e298fc56fe9-31181-33711163

Keywords: The Estate Yountville, San Francisco , Food & Beverage Cost Analyst, Professions , Yountville, California

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