Cost Accountant

Job Purpose:Cost Accountant is responsible for analyzing, monitoring, and controlling food, packaging, and operational costs across assigned brands/ restaurants- The role ensures accurate inventory valuation, recipe costing, and cost of goods sold (COGS) reporting while maintaining compliance with company financial and operational policies.Key Responsibilities: 1. Inventory & Costing Control: • Maintain accurate item-level cost data in the ERP (Fusion / Crunch Time). • Reconcile monthly inventory variances between system and physical counts. • Review and validate GRNs, transfers, wastage, and consumption reports. • Investigate discrepancies and coordinate with restaurant and supply chain teams for resolution. • Ensure correct UOM and item mapping for all inventory and purchase transactions. 2. Recipe & Menu Costing • Prepare and update recipe cost sheets in coordination with the central recipe. • Support price change impact analysis and margin reports for menu engineering. • Review item-level recipe accuracy, yield factors, and standard vs actual cost deviations. 3. Reporting & Analysis • Generate monthly COGS, variance, and wastage analysis reports for assigned brands or markets. • Provide management with insights on cost trends, purchase price changes, and operational inefficiencies. • Support brand-level P&L reviews with detailed cost explanations and corrective action plans. 4. Process Control & Compliance: • Support internal and external audits by providing accurate cost and inventory data. • Ensure all costing and inventory processes comply with company policies and accounting standards. • Assist in developing process improvements for better cost visibility and control. Qualifications & Experience: • Bachelor’s degree in Accounting, Finance, or Commerce. • Minimum 3–5 years of experience in cost accounting, preferably in F&B, retail, or manufacturing. • Proficiency in ERP systems Oracle Fusion and inventory software (CrunchTime or similar). • Strong analytical and reconciliation skills with attention to detail. • Advanced Excel skills (pivot tables, lookups, data validation, etc.).