Cost Accountant

3 days ago

Central Region, Singapore Singapore Flyer Full time $40,000 - $80,000 per year

OVERALL JOB PURPOSE

  • Primarily responsible for the effective control over food and beverage inventory, cost management, wastages and pilferage. Achieving targeted cost of food and beverage without compromising the established quality or quantity.

DUTIES & RESPONSIBILITIES

  • Work closely with the Food & Beverage and Retail Department on operational, inventory, and cost-related issues.
  • Setting-up cost control systems and categories for each outlet, evaluating recipes submitted by F&B, and pre-costing all items in the menus.
  • Monitor processes are in stores, kitchens, and lounge, and inventories properly record and audit.
  • Ensuring the preparation of documents related to food and beverage are accurate.
  • Preparing daily food and beverage cost reports and allocated correctly to each outlet.
  • Analyze the F&B food covers, revenue, and cost reports.
  • Ensure control policies and procedures are followed.
  • Perform weekly/monthly audits on lounge, kitchens, and store to control inventory variances and make recommendations for weaknesses.
  • Achieve budget objectives by monitoring expenditure, analyzing variances and initiating corrective actions.
  • Liaise with Accounts Payable on month-end food, beverage, and general items purchase reconciliation.
  • Other duties assigned by management.

QUALIFICATIONS, KNOWLEDGE & EXPERIENCE

  • Degree or Diploma in Accountancy or equivalent
  • Chartered Accountant/ACCA/CIMA preferred
  • At least 5 years of cost accounting experience, preferably from F&B, Retail or Hospitality industry
  • Advanced computer skills on MS Office is a MUST
  • Able to communication & write Mandarin is a MUST. (Required to do translation from Chinese to English & vice versa.)
  • Possess excellent negotiation skills and able to work in a fast-paced environment.

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