Chief Cost Accountant

Job Category:

Food People

COST ACCOUNTANT – F&B

QSR RESTAURANT OPERATOR

REPORTING TO HEAD OF FINANCE

MUST BE SAUDI NATIONAL

Food People have partnered with a large QSR restaurant operator in KSA in their search for a Chief Cost Accountant based in KSA. The Chief Cost Accountant will be in-charge of all accounting activities of both financial and management accounting.

KEY RESPONSIBILITIES

Responsible for day-to-day finance and accounts operations
Managing the deployment and maintenance of the chart of accounts within the ERP systems in use, and related accounting procedures and controls, amongst users
Maintain General and Subsidiary ledgers, including accounts receivable and payable, revenue streams, inventory and cost, property, operating expenses, prepayments and accruals. Etc
Responsible for approving employee records (i.e., leave days, advances, EOSB workings) and prepares monthly payroll sheets and salary.
Reviewing financial statements, monitoring expenditures and revenues, and determining budget variances and any financial discrepancies, and recommends effective resolutions
Participating in stock taking procedures, and generating system reports on stock on hand to facilitate “books vs physical” comparison and identification of any inventory discrepancies
Assists in external auditing activities by providing necessary information and preparing requested documentations and schedules, as requested by auditors
Financial control of recipes, ingredients, flow of inventory and purchasing

KEY INGREDIENTS

University degree in Accounting or Finance
A post graduate degree in a related field is considered an asset
5 – 8 years of progressive experience in accounting in an F&B sector
Experience using Oracle
Very good knowledge of MS Office applications and especially Excel Professional
Strong analytical and problem-solving skills
Precision and reliability; ability to work autonomously
Fluent in English and Arabic

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