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Cost Controller

Full time Crave Restaurants LLC in Leisure, Hospitality & Tourism Email Job
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Job Detail

  • Offered Salary 5000
  • Experience 2 Years
  • Industry Finance
  • Qualifications Certificate

Job Description

Job Description

  • Assist the accounting department with financial information and forms for tax compliance needs.
  • Review and approve annual budgets and projections.
  • Closely scrutinize funds transfer and cash disbursement protocols within the organization.
  • Monitor performance of financial employees and recommend action to human resources department when necessary.
  • Maintain external relationships with banking and insurance executives outside of the organization.
    Approve procurement.
  • Ensure all food and beverage purchases, requisitions and transfers are properly checked and recorded.
  • Prepare the daily food cost report for all outlets.
  • Cost standard recipes of food and beverage and update the cost, whenever there is a price change of a major food ingredient.
  • Co-ordinate with chefs and branch in charge for month end stock-take and be responsible for pricing and extending of all F&B inventories.
  • Schedule and arrange count sheets for stock-take at each month end.
  • Test checking of selling prices and costs in the POS system to the inventory system and the inventory reports.
  • Compile lists of potential cost, production cost, and recipes and reconcile with potential sales and actual sales for outlets.
  • Perform all end of month food and beverage inventory reconciliation.
  • Prepare monthly slow-moving report.
  • Prepare monthly inventories report and reconciled to General Ledger, carry out monthly stocktaking of kitchens and bars at the end of the month.
  • Review the food & beverage, warehouse, sale inventory, turnover and advise revision of par stock. By comparison of the potential cost and actual cost for various material/supplies consumption, bring to the attention of Cost Accountant of any discrepancies for remedial action.
  • Arrange and attend month-end and periodic inventory taking.
  • Investigate Loss & Breakage Report and recommend ways to improve.

 

Requirements:

  • Bachelor of Commerce or Similar or 4-year bachelor’s degree in Finance and Accounting or similar major
  • At least 3 years’ experience at the same role with an up-scale hospitality environment.
  • Good verbal and written communication skills.
  • Good analytics and reporting skills.
  • Experience with Accounting System, POS Systems and cost and inventory systems.
  • Ability to multitask, work in a fast-paced environment.
  • Have a high-level attention to detail.
  • Ability to work independently and to partner with others to promote an environment of teamwork.
  • Immediate joiner required, locally available candidates in the UAE will be prioritized.

Required skills

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