Group Cost Controller

Job description / Role

Our client is a leading food and beverage organisation serving more than 2.5 million customers every day across the world. They are looking to expand their workforce by hiring a Group Cost Controller in UAE (based in Dubai).

Client Details

The organisation is an internationally renowned food and beverages corporation, who provide premium beverages and baked goods with over 10,000 restaurants worldwide spanning over 25 countries and had a revenue of over a billion dollars in 2019.

Description

Roles and Responsibilities:

The Group cost controller will be responsible for managing all the production location financials with the main focus on product cost, value chain analysis and production and distribution overhead. He/she will be responsible for the end to end process of inventory from the point of receiving to issue and consumption of the product.

This professional will also be responsible for managing two cost accountants and will work closely with the CML and logistics team together with the operation team hence will be expected to spend most of the time in these locations.

Value chain analysis

* Monthly evaluation of all production and distribution activities for all the manufacturing locations for the purpose of discovering areas of improvement and idea mark up for the products
* Calculation of the product selling price depending upon the product cost and market standard
* Analysing and guidance on areas to optimise cost in order to get the ideal selling price of the product

Product costing and pricing

* Reviewing the existing recipes and pricing of the materials to calculate the ideal standard cost
* Evaluating standard cost on a quarterly basis and updating wherever necessary
* Working with the financial analyst and marketing team in costing of promotions to arrive at the ideal promo price

Cost of sales accounting

* Responsible for driving and posting of cost of finished products sold
* Determining and posting of packaging cost
* Evaluate and account for wastage / throw away at all locations and providing the commentaries on the drivers of this
* Costing of the overall CML, stores and warehouse operation and ensuring that this cost is accounted for accurately in the P&L

Inventory movement management

* Ensuring that all items received from the suppliers reviewing the process of receiving and distributing of inventories are recorded in the system
* Ensuring that the inventories dispatched for consumption are accounted for in the system
* Coordinating monthly inventory stock count at all location
* Prepare and share stocks reports with management indicating risk of short expiries or OOS

Control and discipline

* Driving the discipline of ensuring that the available inventory systems are utilised at every level and used correctly
* Drive the development of production SOP
* Enforcing the use of HHDs by the logistic teams during dispatch and returns
* Monitoring of the consumption in CML to make sure that the set recipes are followed during production
* Reviewing and reporting wastage at CML
* Conducting random inventory count

Job Offer

The successful candidate for this role will be offered a monthly competitive salary. This is an exciting opportunity for a candidate within the costing / cost controlling function to further progress their career with an international Food and Beverage restaurant chain. If you are interested and meet the technical and F&B requirements, feel free to apply!

Requirements

Experience Requirements:

* Qualified Accountant with minimum 3 years' experience
* Proven technical ability in F&B QSR business (F&B experience is necessary)
* Experience with Accounting System, POS Systems and cost, and inventory systems.
* Strong understanding of accounting standards
* Excellent interpersonal skills with the ability to communicate at all levels with both financial and non-financial management

Skill and Behaviour Requirements:

* Accountability and responsibility.
* Strong attention to detail
* Ability to prioritise workload to meet deadlines and to manage periods of heavy and conflicting work demands
* Must be able to work well in cross functional teams, both as a team player and a team leader
* Communication skills - Able to negotiate with and persuade and influence others at a senior level
* Presentation Skills - Must be a good communicator, written and verbal
* Leadership skills - Able to manager direct reporting staff
* Problem-solving skills
* Critical and analytical thinking

About the Company

Michael Page is one of the world's leading professional recruitment consultancies, specializing in the placement of candidates in permanent, contract, temporary and interim positions with clients around the world.

The Group has operations in the UK, Continental Europe, Asia-Pacific and the Americas. In the Middle East we focus on the areas of:

Finance & Accounting Banking & Financial Services Procurement Property & Construction Engineering & Supply Chain Oil & Gas Technical and Engineering Human Resources Sales Marketing Technology Secretarial Executive Search Legal

The Group operates through 161 offices in 33 countries and employs over 5,000 employees worldwide.