Job Overview:
We are looking for a detail-oriented and experienced Cost Accountant to join our small but growing F&B business. This role involves tracking, analyzing, and managing the costs of our food and beverage operations, helping us improve profitability and efficiency while maintaining the highest standards of quality.

Key Responsibilities:

Cost Tracking & Analysis

Monitor and record food and beverage costs, labor costs, and overheads.
Track inventory levels (raw materials, finished goods, etc.) and calculate usage and waste.
Analyze costs and provide recommendations for cost-saving measures.
Cost of Goods Sold (COGS) Calculation

Calculate and track the COGS for all menu items, including direct materials, labor, and overhead costs.
Provide weekly, monthly, and quarterly reports on COGS and profitability.
Budgeting & Forecasting

Assist with creating budgets and forecasts for food and beverage operations.
Prepare variance analysis reports to compare actual expenses against budgeted amounts.
Inventory Management

Oversee inventory control and ensure proper stock levels are maintained.
Conduct periodic stock takes and reconcile discrepancies between physical counts and accounting records.
Menu Pricing & Profitability

Work closely with the kitchen and management team to determine the cost structure of menu items.
Suggest pricing strategies based on ingredient costs, market trends, and profitability analysis.
Financial Reporting

Assist in monthly and annual financial close processes.
Provide management with actionable insights on financial performance, trends, and areas of improvement.
Compliance & Documentation

Ensure compliance with all relevant accounting standards and regulations.
Maintain accurate records of all financial transactions, inventory, and accounting documents.
Skills and Qualifications: