Cost Analyst

Work Africa; East London; On-site; ZAR 200 000 - 300 000; Full time

Job summary

A leading company in food analysis is looking for a Cost Analyst in East London, Eastern Cape. You will be responsible for analyzing food cost processes across restaurants, ensuring financial accuracy, and supporting operational efficiency. The ideal candidate should possess a Diploma in Finance and prior experience in a finance-related role, ideally within the Quick Service Restaurant industry. Strong Excel and analytical skills are essential for this role.

Qualifications

• Previous experience in a business finance position.
• Experience in the Quick Service Restaurant industry preferred.
• Ability to speak, read and write English fluently.

Responsibilities

• Daily food cost analysis per restaurant.
• Investigating food cost variances.
• Calculating actual and theoretical food cost.

Skills

Proficient in Microsoft Word

Advanced Excel skills

Data Analysis and Reporting

Understanding of Procurement and Supply Chain

Cost Control and Budgeting

Education

Diploma or certificate in Finance

Job description

COST ANALYST/EAST LONDON

As a Cost Analyst, you will be responsible for analyzing and calculating food cost processes for the company. This includes managing the bill of materials, conducting monthly food cost calculations, and preparing various variance reports. Your work ensures accurate financial reporting and supports operational efficiency across all restaurants.

QUALIFICATIONS & COMPETENCIES/SKILLS

• Diploma or certificate in Finance (B. Com Finance preferred)
• Previous experience in a business finance related position
• Previous experience in the Quick Service Restaurant industry will take preference
• Knowledge and experience in safety standards, financial audit requirements, and internal controls
• Highly proficient in Microsoft Word, Excel Spreadsheets, and Outlook e‑mail
• Knowledge and experience in Procurement and Supply Chain – understand vendor pricing, contract terms, and sourcing strategies
• Experience in Data Analysis and reporting using Excel, ERP Systems, or BI Tools to generate actionable insights from cost data
• Experience in Cost Control and Budgeting – calculating food cost percentages, forecasting, and aligning with budget targets
• Advanced numerical skills and statistical skills
• Strong understanding of vendor pricing, contract terms, and sourcing strategies
• Ability to speak, read and write English fluently
• Ability to plan and allocate time to complete key deliverables

KEY RESPONSIBILITIES

• Daily food cost analysis per restaurant
• Investigating food cost variances
• Analyzing stock transfers
• Calculating the actual and theoretical food cost for each restaurant
• Managing the Build of Material file, including updating ingredient costs received from Supply Chain, adding new products and ensuring correct selling prices.
• Communication with Area Coaches, Marketing team, Supply Chain team, Finance colleagues, external vendors or auditors for data verification
• Problem solving and analysis
• Judgement and decision making
• Innovation

Salary

Market related (Based on experience)

Application Process

Please apply online or mail CV to [e-mail] use Job Ref: COSTANALYST. If you don’t hear from us within 3 weeks of your application, please consider your application unsuccessful.