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Group Cost Controller

Michael Page

Job Description

Our client is a leading food and beverage organisation serving more than 2.5 million customers every day across the world. They are looking to expand their workforce by hiring a Group Cost Controller in UAE (based in Dubai).

Client Details

The organisation is an internationally renowned food and beverages corporation, who provide premium beverages and baked goods with over 10,000 restaurants worldwide spanning over 25 countries and had a revenue of over a billion dollars in 2019.

Description

Roles and Responsibilities:

The Group cost controller will be responsible for managing all the production location financials with the main focus on product cost, value chain analysis and production and distribution overhead. He/she will be responsible for the end to end process of inventory from the point of receiving to issue and consumption of the product.

This professional will also be responsible for managing two cost accountants and will work closely with the CML and logistics team together with the operation team hence will be expected to spend most of the time in these locations.

Value chain analysis
Monthly evaluation of all production and distribution activities for all the manufacturing locations for the purpose of discovering areas of improvement and idea mark up for the productsCalculation of the product selling price depending upon the product cost and market standardAnalysing and guidance on areas to optimise cost in order to get the ideal selling price of the product

Product costing and pricing
Reviewing the existing recipes and pricing of the materials to calculate the ideal standard costEvaluating standard cost on a quarterly basis and updating wherever necessaryWorking with the financial analyst and marketing team in costing of promotions to arrive at the ideal promo price

Cost of sales accounting
Responsible for driving and posting of cost of finished products soldDetermining and posting of packaging costEvaluate and account for wastage / throw away at all locations and providing the commentaries on the drivers of thisCosting of the overall CML, stores and warehouse operation and ensuring that this cost is accounted for accurately in the P&L

Inventory movement management
Ensuring that all items received from the suppliers reviewing the process of receiving and distributing of inventories are recorded in the systemEnsuring that the inventories dispatched for consumption are accounted for in the systemCoordinating monthly inventory stock count at all locationPrepare and share stocks reports with management indicating risk of short expiries or OOS

Control and discipline
Driving the discipline of ensuring that the available inventory systems are utilised at every level and used correctlyDrive the development of production SOPEnforcing the use of HHDs by the logistic teams during dispatch and returnsMonitoring of the consumption in CML to make sure that the set recipes are followed during productionReviewing and reporting wastage at CMLConducting random inventory count

Profile

Experience Requirements:
Qualified Accountant with minimum 3 years’ experienceProven technical ability in F&B QSR business (F&B experience is necessary)Experience with Accounting System, POS Systems and cost, and inventory systems.Strong understanding of accounting standardsExcellent interpersonal skills with the ability to communicate at all levels with both financial and non-financial management

Skill and Behaviour Requirements:
Accountability and responsibility.Strong attention to detailAbility to prioritise workload to meet deadlines and to manage periods of heavy and conflicting work demandsMust be able to work well in cross functional teams, both as a team player and a team leaderCommunication skills –

Skills
food recipe planning, recipe costing, cost optimization, product costing

To apply for this job please visit www.bayt.com.

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