Cost Management Specialist

4 days ago


Riyadh, Ar Riyāḑ, Saudi Arabia Mira Foods Company Full time
Job Overview

Mira Foods Company is seeking a highly skilled Cost Controller to join our team. This role is responsible for overseeing the procurement, storage, and issuance of food and beverage inventory to ensure adequate stock levels while minimizing waste and spoilage.

The successful candidate will analyze food and beverage costs on a regular basis, including ingredient costs, portion sizes, menu prices, and sales trends, to identify variances and opportunities for cost optimization.

  • Key Responsibilities:
  • Inventory Management: Develop and implement effective inventory management strategies to optimize stock levels and minimize waste.
  • Cost Analysis: Conduct regular cost analysis to identify areas for improvement and develop actionable insights.
  • Budgeting and Forecasting: Assist in the development of annual budgets and financial forecasts for food and beverage operations.
  • Menu Engineering: Collaborate with the culinary team to develop menus that balance profitability with guest satisfaction.
  • Internal Controls: Establish and enforce internal controls and procedures to prevent theft, shrinkage, and unauthorized use of inventory.
Requirements

To be successful in this role, you will need:

  • A Bachelor's degree in hospitality management, Finance, Accounting, or related field.
  • A minimum of 5 years of experience in a similar role in the food and beverage Industry.
  • Strong analytical skills with the ability to interpret financial data and analyze cost variances.
  • Proficiency in inventory management systems, financial software, and Microsoft Excel.
  • Excellent communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams.


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