Cost Accountant Q1 2026

Job Description:
Responsibilities

• Monitor daily food and beverage costs and analyze variances against budgets.
• Calculate recipe costing, menu costing, and standard costing for all products.
• Conduct cost-benefit analysis for new menu items and promotions.
• Review and validate purchase prices, supplier invoices, and contracts.
• Identify cost-saving opportunities without compromising quality.

Inventory Management

• Supervise inventory counts (monthly/quarterly) and reconcile physical stock with system records.
• Monitor stock levels, wastage, spoilage, and shrinkage.
• Ensure proper stock rotation (FIFO) and compliance with internal controls.
• Investigate and report inventory discrepancies.

Financial Reporting

• Prepare monthly cost reports and profitability analysis.
• Assist in budget preparation and forecasting.
• Provide detailed margin analysis by product category and outlet.
• Support internal and external audits by providing required documentation.

Compliance & Process Improvement

• Ensure adherence to company policies and accounting standards.
• Develop and improve cost control procedures and internal controls.
• Coordinate with procurement, operations, and kitchen teams to maintain cost efficiency.

Qualifications & Requirements

• Bachelors degree in Accounting, Finance, or related field.
• 3-5 years of experience in cost accounting, preferably in Food & Beverage, hospitality, or restaurant industry.
• Strong knowledge of inventory systems and ERP software.
• Advanced proficiency in Microsoft Excel.
• Solid understanding of costing methods (standard costing, FIFO, weighted average).
• Strong analytical and problem-solving skills.
• High attention to detail and accuracy.
• Ability to work under pressure and meet deadlines.

Required Skills:
• Hospitality
• Inventory
• Support
• Operations
• ERP
• Analysis
• Compliance
• Cost Control
• Internal Controls
• Process Improvement
• Financial Reporting
• Attention To Detail
• Forecasting
• Inventory Management
• Excel
• Procurement
• Records
• Pressure
• Preparation
• Accounting
• Software
• Microsoft Excel
• Documentation
• Finance
• Management