Cost Controller F&B

About Kcal World

Kcal World is seeking a Cost Controller F&B to join their team in Riyadh, Saudi Arabia. This is a full-time position responsible for managing cost control processes within the food and beverage sector.

Role Purpose

The Cost & Inventory Controller will oversee the entire cost control framework, including menu engineering, calculation of cost of goods sold, and comprehensive inventory and warehouse management. This role is critical for maintaining financial efficiency and control over all related operations.

Key Responsibilities

• Perform menu engineering as required.
• Investigate variance causes and implement corrective processes.
• Prepare and validate monthly cost of goods sold for all divisions.
• Maintain and update all menu items with Bill of Materials (BOM) in the ERP system.
• Resolve discrepancies related to invoices and credit notes.
• Record daily inventory receipts and returns, including invoices.
• Ensure efficient inventory levels in coordination with the Procurement department.
• Establish and maintain controls to safeguard inventory and prevent theft or misappropriation.
• Ensure regular calibration of all weighing scales.
• Control cost levels for food, beverage, packaging, and general inventory in coordination with Procurement and Production departments.
• Limit wastage through control over ordering and the production process.
• Ensure adherence to standard recipes by the Central Kitchen and Outlets.
• Maintain and validate yield rates in the system through regular yield testing in the Central Kitchen and Outlets.
• Ensure monthly and annual stock counts, analyze, and resolve discrepancies in opening, transfers, consumed, and closing stocks.
• Prepare and share slow-moving stock reports with Procurement, Production, and Finance departments.
• Perform outlet audits according to agreed plans with the Finance team.
• Prepare ad hoc reports for various departments.
• Maintain master data for complete inventory, including raw materials and menu items in the ERP system.
• Coordinate with the IT team for reports and system developments as per requirements.
• Assist the finance team with related reports and analysis.
• Maintain confidentiality of information at all levels.
• Perform any other assigned ad-hoc duties.

Qualifications and Experience

• A minimum of 10 years of experience in cost control, preferably within the F&B industry.
• Demonstrated ability to manage inventory and cost control processes effectively.
• Proficiency in ERP systems and financial reporting.

Compensation

The salary for this position ranges from SAR 8,000 to SAR 9,000 per month.

Location and Work Type

This full-time role is based in Riyadh, Riyadh, Saudi Arabia.