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Key Objectives:
1. Optimize Food & Beverage Costs
Ensure food cost and beverage cost percentages are within target to maintain profitability.
2. Minimize Waste and Theft
Implement systems to reduce kitchen waste, over-portioning, and unauthorized use of inventory.
3. Ensure Accurate Costing
Maintain accurate cost records for recipes, menu items, and purchases to support pricing and margin decisions.
4. Support Budgeting & Forecasting
Provide accurate cost data to help in setting realistic budgets and financial projections.
5. Improve Profit Margins
Continuously look for cost-saving opportunities without affecting food quality or service.
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???? Core Responsibilities
1. Inventory Management
• Oversee daily/weekly/monthly inventory counts.
• Ensure proper stock rotation (FIFO/LIFO).
• Investigate stock variances and correct discrepancies.
• Monitor inventory turnover and flag slow-moving items.
2. Recipe & Menu Costing
• Maintain updated recipe costs based on current ingredient prices.
• Analyze profitability of menu items (ideal vs. actual cost).
• Work with chefs to control portion sizes and reduce high-cost dishes.
3. Purchasing & Supplier Control
• Review purchase orders for accuracy and cost compliance.
• Compare supplier quotes, negotiate pricing where needed.
• Monitor vendor performance (delivery, quality, pricing).
4. Cost Monitoring & Reporting
• Prepare daily, weekly, and monthly cost control reports.
• Track key KPIs (Food Cost %, Beverage Cost %, COGS, Labor Cost %, etc.).
• Analyze variances between forecasted and actual costs.
• Present reports to management with insights and recommendations.
5. Waste Control & Loss Prevention
• Identify causes of high waste or loss (e.g., spoilage, breakage, overcooking).
• Work with kitchen and service staff on waste reduction training.
• Implement systems like waste logs, spoilage tracking.
6. Compliance & Internal Controls
• Ensure policies are followed for receiving, storing, and issuing goods.
• Support internal and external audits with cost data.
• Monitor compliance with SOPs and financial policies.
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???????? Collaborates With:
• Executive Chef & Kitchen Team (for portioning, recipes, and waste control)
• Purchasing Manager (for vendor evaluation)
• Finance Team (for reporting and budgeting)
• Restaurant Manager/GM (for performance review and action plans)
Experience:
• Should have not less than 5 years in same position in a prestigious F&B company.
• Priority is given to those who are proficient in working with Odoo 17.
Qualifications:
• Must have a Bachelor's degree in Accounting with a good grade or higher.
• Priority will be given to those holding the Certified Management Accountant (CMA) certification.
Conditions:
• The opportunity is available for those inside the Kingdom only, transfer of sponsorship.
• He must be available to receive the work immediately within a maximum period of 30 days.
Nationality:
• Indian, Pakistani, or Sri Lankan.
Salary:
• Will be determine after interview.
Job Location:
• Dhahran, Eastern Province.