Cost Management Specialist

7 days ago


Kuwait City, Al Asimah PROCAPITA Management Consulting Full time

PROCAPITA Management Consulting is looking for a dedicated Cost Accountant to enhance its capabilities in the Food & Beverage sector. This exciting opportunity requires a results-driven professional who can monitor and manage costs, ensuring optimal profitability and high-quality service delivery.

Job Description:

  1. Monitor and analyze food and beverage costs to ensure efficiency and profitability.
  2. Prepare detailed cost reports, identifying variances and providing actionable recommendations.
  3. Develop and maintain systems for tracking expenses, waste, and inventory usage.
  4. Collaborate with purchasing and kitchen teams to optimize inventory levels and raw material usage.
  5. Conduct routine stock audits and reconcile inventory to identify discrepancies and prevent losses.
  6. Ensure compliance with internal policies, industry best practices, and regulatory requirements.
  7. Identify and implement cost-saving opportunities without affecting quality or operations.
  8. Support menu pricing strategies by analyzing cost structures and profit margins.
  9. Deliver financial insights to assist senior management in strategic decision-making.

Requirements:

  1. Bachelor's degree in Accounting, Finance, Business Administration, or a related discipline.
  2. Proven experience in cost accounting or cost control, preferably in the F&B industry.
  3. Proficiency in financial analysis and reporting tools.
  4. Knowledge of Microsoft Excel and accounting software (e.g., SAP, Oracle, QuickBooks).
  5. Excellent communication skills with the ability to work effectively across departments.
  6. Highly organized with a strong attention to detail and a proactive approach to cost management.
  7. Ability to thrive in a fast-paced, team-oriented environment.


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