Cost Accountant
1 day ago
KEY RESPONSIBILITIES
- Develop and maintain standard costing for food, beverages, and supplies.
- Monitor inventory levels, conduct regular audits, and reconcile discrepancies.
- Analyze variances between actual costs and budgets, providing explanations and recommendations.
- Prepare cost reports and forecasts for management decision-making.
- Coordinate with purchasing and operations teams to ensure cost efficiency in procurement.
- Review menu pricing strategies and evaluate profitability per product/food item.
- Implement cost control procedures to minimize wastage and optimize resource use.
- Ensure compliance with accounting standards and internal control policies.
- Performs other related functions that may be assigned from time to time.
QUALIFICATIONS
- Bachelor's degree in Accounting, Finance, or related field.
- 2–4 years of cost accounting experience, preferably in F&B or hospitality.
- Strong knowledge of cost control, inventory systems, and financial analysis.
- Detail-oriented, with excellent analytical and problem-solving skills.
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