F&B Accountant

The F&B Accountant is responsible for managing and overseeing the financial operations related to food and beverage inventory, cost control, sales reconciliation, and reporting. This role ensures accurate recording of all F&B transactions and supports decision-making by providing detailed cost and profitability analyses.

• Monitor and control food and beverage (F&B) inventory transactions to ensure accurate cost allocations.
• Perform daily, weekly, and monthly sales reconciliation between POS systems and accounting records.
• Verify and analyze purchases, consumption, and wastage reports to ensure proper cost control.
• Collaborate with the purchasing and stores departments to ensure compliance with procurement procedures.
• Prepare cost of goods sold (COGS) reports and profitability analysis per outlet or item.
• Review supplier invoices, match with purchase orders, and coordinate timely payments.
• Conduct periodic stock audits and support physical inventory counts.
• Assist in budgeting and forecasting processes specific to the F&B department.
• Maintain up-to-date records of food and beverage pricing, menu costings, and recipe margins.
• Identify variances between actual and theoretical costs and investigate discrepancies.
• Support internal and external audits with relevant documentation and analysis.
• Ensure compliance with internal controls and financial policies.