Cost Accountant - Restaurants Sector Only Job Description: We are looking for an experienced Cost Accountant to join our team in the food, beverage, and restaurant sector. Applicants must have practical experience in cost calculation and control in restaurants or the food and beverage (F&B) sector, with strong knowledge of inventory management, recipe and item costing, food and beverage cost analysis, and Point of Sale (POS) systems. Duties and Responsibilities: Monitor and track food and beverage costs on a daily basis. Prepare and update recipe and menu costing (Recipe & Menu Costing). Calculate food and beverage cost percentages and analyze variances. Conduct and follow up on daily, weekly, and monthly inventory counts and inventory reconciliation. Compare actual consumption with theoretical consumption and analyze variance reasons. Track waste, shortages, damaged items, and any inventory discrepancies. Review purchasing, receiving, issuing, transfers, and returns operations. Review invoices, purchase orders, and received quantities to ensure their accuracy. Monitor Point of Sale (POS) system transactions, including voids, discounts, staff meals, and pricing. Prepare daily, weekly, and monthly cost reports. Coordinate with kitchen, procurement, warehouse, operations, and accounting departments. Contribute to cost control and improvement of profit margins. Ensure standard recipes and specified portion sizes are followed and costed accurately. Job Requirements: 2 to 5 years of experience in cost control within restaurants or the food and beverage sector is a must. Previous experience in restaurant chains, cafes, catering companies, hotels, or the food and beverage sector. Bachelor's degree in Accounting, Finance, Commerce, or any related field. Strong knowledge of Food & Beverage Cost calculation. Excellent experience in inventory management and control. Good knowledge of recipe and menu costing (Recipe / Menu Costing). Proficiency in using Microsoft Excel. Experience in using Point of Sale (POS) systems, inventory, and cost control systems is an added advantage. Strong analytical and accounting skills. High accuracy and attention to detail. Good communication and reporting skills. Very Important: Applications from candidates without prior experience in cost control within restaurants or the food and beverage sector will not be considered.
Additional Details
- Number of Vacancies: 3
- Shift System: Morning and Evening
- Benefits: Transportation allowance, meals, overtime