Cost Manager

About the role

Cost Control & Analysis Monitor and analyze product, operational, and overhead costs across all branches. Develop and maintain standard costing models. Review and analyze cost variances and recommend corrective actions. Track food cost, beverage cost, labor cost, and waste percentages. Ensure compliance with company cost control policies and procedures. Inventory & Procurement Monitor inventory valuation and stock movements. Reconcile inventory discrepancies with Operations and Warehouse teams. Review supplier pricing and purchasing trends. Work closely with Procurement to identify cost-saving opportunities. Support periodic inventory counts and stock audits. Financial Reporting Prepare weekly and monthly cost analysis reports. Develop dashboards and KPIs related to cost performance. Analyze gross profit margins and identify improvement opportunities. Present findings and recommendations to senior management. Budgeting & Forecasting Support annual budgeting and periodic forecasting activities. Monitor actual costs against budget. Provide financial insights to improve profitability. Participate in financial planning initiatives. Process Improvement Identify opportunities to improve operational efficiency. Develop cost control procedures and best practices. Implement initiatives to reduce waste and optimize resource utilization. Support automation of cost reporting and analysis. Bachelor's degree in Finance, Accounting, Economics, or a related field. Professional certifications such as CMA , CPA , or ACCA are preferred. 7-10 years of experience in Cost Management, Cost Accounting, or Financial Analysis. Experience in Restaurants, Hospitality, Retail, FMCG, or Food Production is highly preferred. Experience managing multi-branch operations is an advantage.

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Company Intel

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