We are looking for a Junior Cost Controller to join our team. This role involves monitoring and managing costs across all departments, focusing on minimizing waste and optimizing production costs, ensuring adherence to product recipes. You will support both the finance and operations teams in tracking expenses, analyzing costs, and ensuring the factory operates efficiently within the budget while maintaining high-quality standards.
Key Responsibilities:
- Track daily expenses related to production, purchasing, logistics, and labor.
- Monitor material usage to ensure it matches product recipes, identifying inefficiencies or waste.
- Analyze cost data to find differences between actual costs and the budget or standard costs.
- Ensure production processes follow standard recipes and ingredient usage.
- Work with chefs to check recipe costs and suggest changes to reduce expenses without affecting quality.
- Track ingredient usage per batch and highlight any deviations from the recipe.
- Monitor and report production waste.
- Work with the operations and production teams to find the causes of waste and develop strategies to reduce it.
- Maintain a waste log to track trends and cost implications.
- Prepare detailed cost reports, including raw material costs, recipe costs, and waste analysis.
- Help create monthly, quarterly, and yearly cost analysis reports for management.
- Assist in preparing budgets for raw materials, production, and operations.
- Monitor compliance with approved budgets and report any variances.
- Review supplier invoices and production records to ensure they match the budget and cost expectations.
- Identify ways to reduce costs in recipes, material procurement, and production processes.
- Help evaluate alternative suppliers or methods for cost reduction.
- Keep accurate records of recipe costs, production waste, and other cost-related data.
- Provide detailed cost and waste reports during audits and financial reviews.
Skills and Qualifications:
- Education: Bachelor’s degree in Finance, Accounting, or related field (or equivalent experience).
- Experience: 1-2 years in finance, cost control, or production monitoring (experience in food production preferred).
- Proficiency in Microsoft Excel and financial software (SAB & Oracle Hospitality experience is a plus).
- Knowledge of recipe costing and waste reduction strategies.
- Strong analytical and problem-solving skills.
- Attention to detail and accuracy.
- Good communication and teamwork abilities.
How to Apply:
Send your CV to hr.jobs.khobz@gmail.com.