Manish Thakur
Hospitality - Cost Controls And Procurement
Mumbai
Summary
Professional Summary
Results-driven hospitality professional with 18 years of comprehensive experience in F&B Controls, seeking a challenging role in an excellent hospitality organization that offers growth opportunities and a dynamic work environment.
Key Strengths
* Proven track record of achieving F&B Controls in start-up and rapid-change environments.
* End-to-end project management expertise, with a focus on backend processes.
* Team-based management style, with the ability to anticipate and resolve problems.
* Multi-tasker with a proven ability to thrive in high-pressure situations and meet deadlines.
Career Objectives
* To leverage my expertise in F&B Controls to drive business growth and profitability.
* To contribute to a dynamic and supportive work environment that fosters professional development.
* To take on new challenges and responsibilities, expanding my skill set and industry knowledge.
Overview
18
18
years of professional experience
Work History
Corporate Head - Cost Controller and Procurement
Moorjani Hospitality Pvt. Ltd.
Mumbai, India (Remote)
07.2025 - Current
- Successfully implemented SOPs from scratch across all departments – Accounts, Purchase & Stores, Kitchen & Service, and Marketing and Logistic – to ensure smooth transactions and automated processes.
- With micro-management of procurement, the purchase-to-sales ratio has come down from 35% to 25% of total sales. Following the same practice, closing stock has reduced from 26% to 12%, with the target being 10% of monthly sales.
- Enhanced communication between finance and operational teams, fostering a collaborative approach to cost control efforts.
- Improved cash flow management by closely tracking accounts payable/receivable activities and facilitating timely paymentscollections.
- Collaborated with various departments to identify opportunities for cost reduction and process improvement.
- Monitored inventory levels, implementing controls to minimize stock discrepancies while maintaining adequate supplies for business operations.
- Prepared monthly financial reports with Barometer Team, highlighting key variances between actuals versus budgets or forecasts to assist in corrective actions where necessary.
- Evaluated vendor contracts, identifying areas for negotiation or alternative procurement methods to reduce expenses.
- Implemented cost control systems, resulting in better project management and resource utilization.
Corporate Head - F&B Controller & Purchase
Acapella Foods & Restaurants Pvt Ltd
Mumbai
08.2022 - 02.2025
- Executive Summary
- Results-driven hospitality professional with expertise in F&B Cost Control, Purchasing, and Operations management. Proven track record of driving profitability, streamlining processes, and implementing best practices across Multiple Restaurants, QSRs, Catering Kitchen and Cloud Kitchens.
- Key Achievements
- Spearheaded F&B cost controls and purchase departments at the head office level, driving strategic decision-making and process optimization.
- Expanded operations to include 3 restaurants, 2 QSRs, 1 corporate catering division, 2 cloud kitchens, and a corporate catering division under brands Café Panama, Lil Gamby, Hungry Buddha, Kokum and Bistro Rosada.
- Implemented SOPs across Accounts & Finance, HR & Admin, Frontend F&B Operation, and Backend processes, ensuring company-wide standardization and efficiency.
- Successfully handled Legal & Licenses, Funds Management, and Monthly Cost Reviews, highlighting areas for improvement and implementing corrective measures.
- Operational Expertise
- Conducted surprise revenue and F&B audits to ensure operational integrity.
- Created and monitored Food & Beverage and Bar Variance Reports to optimize profitability.
- Analyzed and reported outlet performance on a monthly/quarterly basis, implementing corrective actions to ensure company standards and objectives.
- Monitored Recipe Costing, Menu Engineering, and Kitchen Inventory to control costs and optimize menu offerings.
- Leadership and Training
- Designed and coordinated control training programs for junior staff, promoting operational excellence and knowledge sharing.
- Visited new locations to set up cost control activities and policies, ensuring seamless operational integration.
- Profitability Optimization
- Implemented control measures to optimize profitability, driving revenue growth and cost reduction.
- Monitored and analyzed weekly/monthly inventory, identifying areas for improvement and implementing corrective actions to minimize waste and optimize resource utilization
Manager - F&B Cost Controller
Le Sutra Hospitality Pvt. Ltd.
Mumbai
04.2019 - 03.2022
- Brand Name - Out of the Blue, Hotel Le Sutra, Café Anglo Indian, Deli By the Blue, The Blue Gourmet, Cafe Bean Garu
- First Term - Executive Cost Controller - 01-2012 to 09-2013
- Location - Mumbai, Powai, Pune
- Second Term - Manager F&B Cost Controller - 04-2019 to 03-2022
- Location - Mumbai, Lonavala
- Spearheaded the Audit & F&B Controls team, driving operational excellence and financial discipline across multiple brands.
- Core Team Member
- Multitasked as a key member of the core team, handling Procurement, MIS, Legal & Licenses, and reporting to the Legal Head.
- Conducted comprehensive cost control and audit functions, ensuring financial integrity and operational efficiency.
- Key responsibilities:
- Compared actual vs. theoretical costs to identify areas for improvement.
- Conducted revenue audits, focusing on complimentary, void, discount, KOT, promotions, and spoilages.
- Analyzed and reported Food & Beverage item variances.
- Executed surprise revenue audits and item variance audits.
- Monitored daily liquor bar variances.
- Reconciled store activities, tracked variances, and took inventory of food, beverage, and liquor items.
- Managed recipe costing, proposed selling prices for menu items, and set up POS and MMS systems.
- Developed and implemented policies and processes for authorization levels to ensure smooth operational control.
Corporate F&B Cost Controls Manager
Bellona Hospitality Services Limited-Phoenix Mills
Mumbai, India (Remote)
01.2015 - 12.2018
- Brand Name - 212, The Big Kahuna, sichuan House, Asia Bar, Amaya, Bar Bar - Lounge, Nook - Night Club, The Craft, 212 Fresh, Shizusan
- Location - Mumbai, Pune & Bangalore - Phoenix Malls
- Key Achievements
- Designed and implemented comprehensive cost control processes across 20 outlets in multi-city, ensuring seamless operations and profitability.
- Successfully set up and managed a team of 10 controllers at the outlet level, providing guidance and support to ensure effective cost control and process adherence.
- Cost Control and Process Expertise
- Developed and implemented controls processes and procedures for various verticals, including bar-focused, food-focused, nightclubs, and more.
- Key responsibilities:
- Conducted inventory management for food, beverage, and liquor items.
- Managed recipe costing and proposed selling prices for menu items.
- Set up and managed POS and MMS systems.
- Developed policies and processes for authorization levels.
- Implemented menu engineering initiatives.
- Visited new locations to set up cost control activities and policies.
- Designed and coordinated control training programs for junior staff.
- Impact and Results
- Streamlined cost control processes, resulting in improved profitability and operational efficiency.
- Ensured compliance with company policies and procedures, minimizing risks and ensuring seamless operations.
F&B Cost Controller
Golden Elephant Hospitality Pvt. Ltd.
Mumbai
12.2013 - 01.2015
- Key Responsibilities:
- Managed day-to-day and monthly physical work, ensuring seamless operations.
- Prepared and analyzed F&B cost reports, including:
- Issue Base/Opening-Closing Base reports
- Actual vs. theoretical cost comparisons
- Food and beverage item variance reports
- Profitability statements for menu items
- Conducted revenue audits, focusing on: Complimentary, void, discount, IKT's, promotions, and spoilages
- Surprise revenue audits and item variance audits
- Reconciled store activities, tracked variances, and took inventory of food, beverage, and liquor items.
- Collaborated with the chef on recipe costing and menu engineering.
- System Management:
- Operated and managed Restaurant MMS, POS, and MASTER systems.
- Designed, created, updated, and managed POS menus.
- Created and managed MMS stores, including store/item/vendor creation.
Assistant F&B Controller and Stores
Joie De Vivre and Olive Bar & Kitchen
Mumbai (Remote)
08.2008 - 05.2011
- Brands: Lap the Club - Delhi, Olive Bar & Kitchen - Mumbai & Delhi and Cumin Catering Kitchen - Mumbai
- Key Responsibilities:
- Assisted in day-to-day and monthly physical work, ensuring seamless operations.
- Prepared daily audit reports, focusing on: Non-charged (NC) items, Complimentary items, Void items, and spoilage reports.
- Finalized menu selling prices.
- Conducted brunch and party costing.
- Performed spot checks on live operations.
- Verified store purchase bills and issues.
- Prepared inter-company and third-party transfer prices.
- Cost Control and Monitoring:
- Tracked high-cost items, including fish, meat, poultry, and imported items.
- Monitored daily liquor bar variances.
- Prepared liquor bar variance reports.
- Conducted inventory of food, beverage, and liquor items.
- Prepared food and beverage item variance reports.
- Prepared store variance reports (15-day and monthly).
- Reconciled store activities, tracked variances, and ensured seamless operations.
Education
Accounting - SYJC, Commerce
Viva Collage
Virar, India03.2007
SSC - SSC
AVS Vidyamandir
Virar03.2005
Skills
Cost Control - Profit Centre Operations
SOP Generation and Implementation
Finding Bugs & Process Improvement
Procurement Management
Supplier Relationship Management
Cash flow Management
Cost Reconciliation & Analysis
Variance Analysis
Team oversight
Timeline
Corporate Head - Cost Controller and Procurement
Moorjani Hospitality Pvt. Ltd.
07.2025 - Current
Corporate Head - F&B Controller & Purchase
Acapella Foods & Restaurants Pvt Ltd
08.2022 - 02.2025
Manager - F&B Cost Controller
Le Sutra Hospitality Pvt. Ltd.
04.2019 - 03.2022
Corporate F&B Cost Controls Manager
Bellona Hospitality Services Limited-Phoenix Mills
01.2015 - 12.2018
F&B Cost Controller
Golden Elephant Hospitality Pvt. Ltd.
12.2013 - 01.2015
Assistant F&B Controller and Stores
Joie De Vivre and Olive Bar & Kitchen
08.2008 - 05.2011
SSC - SSC
AVS Vidyamandir
Accounting - SYJC, Commerce
Viva Collage
COMPUTER PROFICIENCY
- Windows Operating System and Smoothly Work with MS Office applications like Excel, Word, Google Sheets, etc.
Industry Software
- Shawman - Web MMS & POS, Ultra POS & MMS
- Barometer - Inventory Control Management
- Rista by DOTPe – MMS & POS, Loyalty Program, WhatsApp Marketing
- Sanguine – MMS & POS
- Dytel – MMS & POS
- IDS – MMS & POS