Cost Accountant

The Cost Controller plays a crucial role in managing and optimizing costs – with emphasis on direct material costs - within the Finance department at Cilantro. This position involves monitoring expenses, analyzing financial data, and implementing strategies to ensure cost efficiency and profitability are maintained.

Responsibilities

• Record & Monitoring
• Review, record and control all inbound and outbound material transactions in/out of all inventory locations (stores & warehouses)
• Review supplier goods receiving notes and match it to internal records.
• Analyze and monitor daily DMC & stock levels at stores
• Inventory Control
• Conduct regular store audit visits "Material & Cash Spot Check“
• Conduct regular analysis of F&B costs.
• Generate detailed reports on cost variances (Budget vs Actual) and (Actual vs Standard)
• Reporting & Analysis
• Provide insights and recommendations based on cost analysis
• Implement and maintain effective inventory management procedures.
• Menu Costing
• Collaborate with chefs and menu planners to cost out menu items.
• Regularly review and update menu costs based on ingredient prices.
• Analyze menu engineering data to maximize profitability.
  
  

Requirements

• Bachelor of Accounting/Finance (or any other relevant field)
• Years of experience: - 2 to 3 years
• Preferably holds other functional qualifications: FMVA, CMA