Cost Analysis and Reporting:
- Conduct regular analysis of food and beverage costs, identifying trends, variations, and areas for improvement.
- Prepare detailed reports and present findings to senior management, offering strategic insights to drive cost-effective decisions.
Budgeting and Forecasting:
- Collaborate with various departments to develop accurate and realistic budgets for food processing operations.
- Monitor and adjust forecasts based on actual performance, ensuring alignment with overall financial goals.
Inventory Management:
- Implement and maintain effective inventory control procedures to minimize waste, spoilage, and stockouts.
- Work closely with procurement teams to optimize purchasing strategies and negotiate favorable terms with suppliers.
Process Optimization:
- Continuously evaluate and enhance cost control processes to maximize efficiency and accuracy.
- Implement best practices to streamline workflows and reduce operational expenses.
Compliance and Audit:
- Ensure compliance with internal policies and industry regulations related to cost control and financial management.
- Collaborate with internal and external auditors to facilitate smooth audits and address any discrepancies.
Cross-functional Collaboration:
- Collaborate with culinary, operations, and procurement teams to align cost control initiatives with business objectives.
- Provide financial insights and recommendations to support menu engineering and pricing strategies.
Skills
- Bachelor's degree in Finance, Accounting, or a related field; advanced degree or professional certification (e.g., CMA, CPA) is a plus.
- Proven experience in a similar role within the food processing industry, preferably in a multi-brand or multi-outlet environment.
- Strong analytical skills with the ability to interpret complex financial data and provide actionable recommendations.
- Excellent understanding of inventory management, cost accounting principles, and budgeting processes.
- Proficiency in using Oracle NetSuite financial software and advanced MS Excel skills.