Cost Controller

Joud Coffee; Abu Dhabi; On-site; AED 80,000 - 120,000; Full time

Job summary

A leading company in the café industry seeks an individual to oversee financial analysis and inventory management. This role involves cost control, financial reporting, and supplier negotiations to ensure operational efficiency and profitability. The ideal candidate will possess strong analytical skills, experience in cost optimization, and a proactive approach to inventory management.

Responsibilities

• Monitor and analyse costs related to food, beverages, and supplies.
• Develop and implement inventory control procedures.
• Prepare cost reports and variance analysis.
• Collaborate with teams to analyze sales data for cost optimization.

Skills

Cost analysis

Inventory control

Financial reporting

Supplier negotiation

Process optimization

Job description

Monitor and analyse all costs related to food, beverages, supplies, and other operational expenses.

Identify areas of cost overruns or inefficiencies and recommend corrective actions.

Prepare regular cost reports, including cost and inventory variance analysis and comparisons against budgeted targets.

Provide accurate and timely financial data to management for informed decision-making.

Develop and implement inventory control procedures to track and maintain optimal inventory levels.

Conduct regular inventory audits to ensure accuracy and minimise stock discrepancies.

Coordinate with kitchen and procurement teams to optimize stock rotation and minimize wastage.

Monitor wastage levels to find the reason and reduce the same.

Recommend and implement measures to reduce food and beverage costs, such as portion control and recipe standardization and SOPs.

Identify opportunities to streamline processes and eliminate unnecessary expenses.

Keep up to date with industry trends and best practices in cost control.

Monitor pricing and negotiate with suppliers to ensure competitive rates and quality products.

Track actual financial performance against budgeted targets, identifying deviations and proposing corrective actions.

Collaborate with the operations team to analyse sales data and identify opportunities for cost optimisation.

Liaise with the procurement team to evaluate supplier contracts and negotiate favourable terms.

Train and educate staff on cost control procedures and best practices.