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Cost Controller And Cost Accountant

LOOTAH GROUP · الإمارات

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Job Vacancy: Cost Controller & Cost Accountant – F&B We are looking for an experienced Cost Controller & Cost Accountant to join our Food & Beverage operations, supporting our multi-outlet restaurant brands. The ideal candidate will have strong expertise in operational cost control, recipe costing, inventory management, financial reconciliation, and profitability analysis within the restaurant or QSR industry. Qualifications & Experience • Bachelor's degree in Accounting, Finance, Cost Accounting, or a related field. • Minimum 3–5 years of relevant experience in F&B cost control and/or cost accounting, preferably in restaurants, QSR, or multi-outlet operations. • Strong knowledge of recipe costing, food cost analysis, menu pricing, inventory valuation, and cost of goods sold (COGS). • Hands-on experience with inventory management and POS systems; Foodics experience is highly preferred. • Knowledge of supplier invoice reconciliation, stock reconciliation, and month-end closing. • Advanced Microsoft Excel skills and experience with accounting software or ERP systems. • Strong analytical, numerical, problem-solving, and reporting skills. • Ability to coordinate effectively with Finance, Operations, Chefs, Procurement, and outlet supervisors. Key Responsibilities Cost Control & Recipe Management • Develop, maintain, and review standardized recipes, ingredient quantities, yields, and portion sizes. • Calculate recipe costs, food cost percentages, and gross profit margins for all menu items. • Monitor approved menu pricing, ingredient costs, and recipe updates in Foodics. • Analyze theoretical versus actual food costs and investigate variances. • Monitor wastage, stock consumption, transfers, and potential operational losses. • Review supplier price changes and recommend cost-saving opportunities. Accounting & Financial Reconciliation • Reconcile purchases, supplier invoices, inventory movements, and cost of goods sold. • Monitor inventory valuation and reconcile physical stock, system records, and accounting balances. • Prepare cost analysis, variance reports, and gross profit reports. • Support monthly closing, budgeting, forecasting, and financial audits. • Investigate cost discrepancies and ensure accurate financial records and supporting documentation. Reporting & Coordination • Prepare weekly and monthly cost-control and financial reports. • Monitor cost performance across outlets and highlight areas requiring corrective action. • Coordinate with Finance, Operations, Procurement, and kitchen teams to improve cost efficiency and profitability. • Ensure accurate cost data, proper documentation, and compliance with approved procedures. Preferred Candidate A hands-on professional with a strong F&B background who can manage both operational cost control and accounting responsibilities, ensuring accurate recipe costing, Foodics data, inventory records, and financial reporting across multiple outlets. Work Location: In person
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