Cost Controller

Job description / Role

Job Description

What will you do?
- Tracking and recording the expenses accurately using appropriate software or tools.
- Analyzing cost data to identify trends, areas for improvement, and cost-saving opportunities.
- Assisting in the preparation of regular cost reports for managers and senior management, providing insights into expenditure and budget performance.
- Ensure that purchasers obtain up to date and accurate prices by comparing prices against suppliers' quotations.
- Prepare variance analysis for food & beverage cost (Actual vs. Standard) and communicating / discussing with ?relevant parties.
- Present a monthly report for the actual food cost to the Operations managers and executive chef, participating in stock take at the restaurants.
- Do monthly closing procedures and reports to send to the Restaurants Managers and Restaurants chefs.
- Do a monthly visit and audit in the food and beverages in the restaurant.
- Post actual stock results in the system and print inventory valuation report.

Requirements

Skills
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Raya Restaurants, one of Raya's subsidiaries, is hiring Cost Controller

What will you need?
- Bachelor's degree in finance, Accounting, Business Administration, or related field.
- Strong analytical skills with attention to detail.
- Proficiency in Microsoft Excel or similar spreadsheet software.
- Excellent communication and interpersonal skills.
- Familiarity with cost control principles and practices is preferred but not required.
- 1-2 years' experience, preferably in the Hospitality & Restaurants fields.

About the Company

Raya Holding for Financial Investments, a leading investment conglomerate, established in 1999 in Egypt with a vision to be a market leader and to grow into a solid financial conglomerate with multifaceted operations.

Headquarter located in Cairo, Egypt; Raya Holding is managing a diversified investment portfolio of 13 lines of business in the various industries of e-payment, information technology, contact center, smart buildings, consumer electronics, food and beverage, land transport, PET remanufacturing, automotive, FMCG and home appliances

Raya Holding is listed in the Egyptian Exchange (EGX) since 2005, while the company empowers more than 12,000 proficient employees, accommodating to a wide international customer base from offices based in Egypt, Saudi Arabia, UAE, Qatar, Poland, Nigeria and Tanzania.

Raya's Lines of Business include; Aman for e-payments, Aman for Financial Services, BariQ, Ostool, Raya Contact Center, Raya Foods, Raya Information Technology, Raya Food Trading, Raya Restaurants, Raya Smart Buildings, Raya Trade, Raya Auto and Haier - Raya Electric.