Cost Accountant – Fine Dining, Restaurant, Cafe, Hotels

Job Summary

The Cost Accountant is responsible for controlling food & beverage costs, monitoring inventory, analyzing variances, and supporting profitability across restaurant, café, and hotel operations. This role works closely with kitchen, purchasing, and operations teams to ensure cost efficiency while maintaining quality standards.

Key Responsibilities

Cost Control & Analysis

• Monitor and analyze food, beverage, and operating costs across outlets
• Calculate and track food cost %, beverage cost %, and gross profit margins
• Investigate variances between actual and theoretical costs
• Prepare daily, weekly, and monthly cost reports

Inventory & Stock Management

• Oversee inventory controls for food, beverage, and consumables
• Conduct and reconcile physical stock counts (daily/weekly/monthly)
• Identify slow-moving, obsolete, or high-variance items
• Ensure proper stock valuation and FIFO compliance

Purchasing & Supplier Coordination

• Review purchase orders, supplier invoices, and pricing accuracy
• Compare supplier prices and assist management in cost negotiations
• Ensure approved suppliers and standard purchase procedures are followed

Recipe & Menu Costing

• Prepare and maintain recipe costing and menu engineering analysis
• Support menu pricing decisions to achieve target margins
• Work with chefs and F&B managers on portion control and yield testing

Reporting & Compliance

• Prepare management reports on cost trends and profitability
• Ensure compliance with internal controls and company policies
• Support internal and external audits related to cost and inventory

System & Process Improvement

• Maintain cost control systems and POS/ERP integrations
• Recommend improvements to reduce waste and improve efficiency
• Train operational staff on cost awareness and stock control procedures

Key Performance Indicators (KPIs)

• Food & beverage cost percentage vs. budget
• Inventory variance and wastage levels
• Accuracy of cost reports and stock reconciliations
• Gross profit margin achievement

Or Apply at Talha@rikaz.om or jason@rikaz.om

Job Type: Full-time