Costing Executive (F&B industry)

Talent Recruit; Selangor; On-site; MYR 100,000 - 150,000; Full time

Job summary

A leading company in the F&B industry is looking for a Costing Executive to manage food costing and optimize profitability. The role involves monitoring kitchen inventory, analyzing expenses, and proposing process improvements. Ideal candidates should hold a degree in Finance or Accounting, possess costing experience, and be proficient in relevant management systems. Strong analytical and problem-solving skills are essential, as well as Mandarin proficiency to liaise effectively with suppliers and staff.

Qualifications

• Costing experience in F&B, hospitality, or retail preferred.
• Strong knowledge of cost accounting principles, especially in food production.
• Own transport and willingness to travel as needed.

Responsibilities

• Verify & monitor raw material consumption and wastage in the kitchen.
• Conduct stock takes for kitchen inventory and report variances.
• Analyze profitability by menu items and support pricing decisions.

Skills

Cost Accounting Principles

Analytical Skills

Problem Solving

Detail-oriented

Mandarin Proficiency

Education

Degree in Finance, Accounting, or related field

Tools

SAP

Cost Allocation Systems

Inventory Management Systems

Job description

About the job Costing Executive (F&B industry)

Company Background

We are representing our clients in Food & Beverage (F&B) industry:

1. Chinese seafood restaurant and event banquet that delivers the ultimate dining experience based in Petaling Jaya.

2. Fast growing F&B company with over 20+ outlets across Malaysia, with the HQ based in Kepong.

As they are expanding, they are currently looking forCostingExecutive.

Job Responsibilities

• Verify & monitor raw material consumption and wastage in the kitchen and production department, escalating any abnormal cases to the superior.
• Conduct stock takes for kitchen inventory, comparing actual stock with system records and reporting variances.
  
• Maintain and analyze food costing, menu pricing, and cost control measures to optimize profitability.
  
• Assist in preparing budgeted manufacturing statements, profit & loss accounts, and tax estimations based on the annual operation plan.
  
• Oversee operating expenses (OPEX) & capital expenditures (CAPEX) related to kitchen and restaurant operations.
  
• Analyze profitability by menu items, ingredients, and supplier costs to support pricing decisions.
  
• Review and maintain the top customer lists to track spending trends.
  
• Propose process improvements to enhance cost efficiency in food production and restaurant operations.
  
• Handle ad hoc assignments from management as required.

Requirement

• Degree in Finance, Accounting, or a related field.
• Costing experience, preferably in F&B, hospitality, or retail.
  
• Strong knowledge of cost accounting principles, especially in food production.
  
• Proficient in SAP, Cost Allocation, and inventory management systems.
  
• Mandarin proficiency (spoken & written) is required to liaise with suppliers, kitchen staff, and management.
  
• Own transport required and willingness to travel when needed.
  
• Detail-oriented with strong analytical and problem-solving skills.

Qualified candidates, please click apply or share your resume to balqis(at)talentrecruit.com.my

Only shortlisted candidates will be notified.