Cost Accountant

-
Mohandessin, Giza

-
Mohandessin, Gizaposted 28 days ago

Job Details

Experience Needed:

Career Level:

Education Level:

Salary:

Job Categories:

Prepare and analyze product and recipe costing to ensure accurate cost calculations.
Monitor food and beverage costs and analyze cost fluctuations.
Calculate and monitor COGS, food cost, and beverage cost.
Perform regular inventory counts and reconcile physical inventory with system records.
Analyze inventory variances, wastage, shortages, and overages and investigate discrepancies.
Monitor purchasing, receiving, storage, and consumption processes from a costing perspective.
Prepare cost reports, variance analysis, and management reports.
Analyze actual costs versus standard/budgeted costs and identify variances.
Review purchase prices and supplier invoices to ensure accurate costing.
Maintain and update costing sheets, recipes, BOMs, and item master data.
Work closely with Finance, Procurement, Warehouse, Operations, and Restaurant teams to control costs.
Identify opportunities for cost reduction and improve overall cost efficiency.
Ensure proper allocation and recording of direct and indirect costs.
Support month-end closing activities and prepare relevant costing reports.
Ensure accuracy and integrity of costing and inventory-related financial data.

Bachelor's degree in Accounting, Finance, or a related field.
5+ years of relevant experience in Cost Accounting, preferably within F&B, restaurants, hospitality, or food manufacturing.
Strong practical experience in inventory control, product costing, COGS, and variance analysis.
Strong understanding of food & beverage costing and recipe costing.
Experience with inventory management and stock reconciliation.
Excellent analytical and problem-solving skills.
Strong Excel skills, including Pivot Tables, VLOOKUP/XLOOKUP, and data analysis.
Experience using ERP/accounting systems; restaurant management systems is a plus.
Strong attention to detail and accuracy.
Ability to analyze large amounts of financial and operational data.
Strong communication and coordination skills.
Ability to work independently and meet deadlines.