Cost Controller Accountant—Restaurants and F&B Experience
Region: Dhahran (Dammam, Dhahran, Khobar)
Key Objectives:
1. Optimize Food & Beverage Costs
Ensure food cost and beverage cost percentages are within target to maintain profitability.
2. Minimize Waste and Theft
Implement systems to reduce kitchen waste, over-portioning, and unauthorized use of inventory.
3. Ensure Accurate Costing
Maintain accurate cost records for recipes, menu items, and purchases to support pricing and margin decisions.
4. Support Budgeting & Forecasting
Provide accurate cost data to help in setting realistic budgets and financial projections.
5. Improve Profit Margins
Continuously look for cost-saving opportunities without affecting food quality or service.
Core Responsibilities
1. Inventory Management
Oversee daily/weekly/monthly inventory counts.
Ensure proper stock rotation (FIFO/LIFO).
Investigate stock variances and correct discrepancies.
Monitor inventory turnover and flag slow-moving items.
2. Recipe & Menu Costing
Maintain updated recipe costs based on current ingredient prices.
Analyze profitability of menu items (ideal vs. actual cost).
Work with chefs to control portion sizes and reduce high-cost dishes.
3. Purchasing & Supplier Control
Review purchase orders for accuracy and cost compliance.
Compare supplier quotes and negotiate pricing where needed.
Monitor vendor performance (delivery, quality, pricing).
4. Cost Monitoring & Reporting
Prepare daily, weekly, and monthly cost control reports.
Track key KPIs (food cost %, beverage cost %, COGS, labor cost %, etc.).
Analyze variances between forecasted and actual costs.
Present reports to management with insights and recommendations.
5. Waste Control & Loss Prevention
Identify causes of high waste or loss (e.g., spoilage, breakage, overcooking).
Work with kitchen and service staff on waste reduction training.
Implement systems like waste logs and spoilage tracking.
6. Compliance & Internal Controls
Ensure policies are followed for receiving, storing, and issuing goods.
Support internal and external audits with cost data.
Monitor compliance with SOPs and financial policies.
Collaborates With: Executive Chef & Kitchen Team (for portioning, recipes, and waste control)
Purchasing Manager (for vendor evaluation)
Finance Team (for reporting and budgeting)
Restaurant Manager/GM (for performance review and action plans)
Experience: Should have no less than 5 years in the same position in a prestigious F&B company. Priority is given to those who are proficient in working with Odoo 17.
Qualifications: Must have a bachelor's degree in accounting with a good grade or higher. Priority will be given to those holding the Certified Management Accountant (CMA) certification.
Conditions: The opportunity is available for those inside the Kingdom only, transfer of sponsorship. He must be available to receive the work immediately within a maximum period of 30 days.
Nationality: Indian, Pakistani, or Sri Lankan.
Salary: Will be determined after the interview.
Job Location: Dhahran, Eastern Province.
NOTE: Never make payment to any employer, person, company, contractor or agency to get hired for a Job.
Send CV: m.ebied.khater@gmail.com
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