Cost Controller

About Al Safadi HospitalityAl Safadi Hospitality is one of the UAE's leading Lebanese hospitality groups, renowned for delivering authentic Lebanese cuisine and exceptional guest experiences. With a growing portfolio of restaurants and over 1,000 employees, we are committed to operational excellence, innovation, and creating a workplace where our people can thrive.As we continue to grow, we are looking for an experienced Cost Controller to lead our Cost Control function, reporting directly to the Chief Financial Officer (CFO).Key Responsibilities• Lead, supervise, coach, and develop the Cost Control team, including the Inventory Control Officer and Cost Control Assistant, to ensure high levels of performance and professional growth.• Plan, organize, and monitor the daily operations of the Cost Control function to ensure timely and accurate completion of all cost control activities.• Oversee food and beverage cost control across Central Kitchen, warehouses, and operational locations to ensure adherence to Company cost control procedures and standards.• Review and validate recipe costing, standard portion costs, and menu pricing to ensure accurate cost of goods sold (COGS) calculations.• Oversee inventory valuation and ensure inventory records accurately reflect stock quantities, costs, and movements within the accounting system.• Monitor purchase prices, supplier quotations, and market price trends, and report significant cost variances to the CFO.• Plan, coordinate, and oversee periodic and surprise stock counts across warehouses, Central Kitchen, and operational locations.• Review inventory reconciliations, stock variance reports, and discrepancy investigations, ensuring appropriate corrective actions are implemented.• Prepare and present monthly cost reports, food and beverage cost analyses, and variance reports to the CFO.• Coordinate with the Chief Accountant to ensure accurate inventory valuation, cost of sales postings, and alignment between cost control and accounting records.• Coordinate with Procurement, Central Kitchen, and Operations to ensure effective inventory planning, purchasing controls, and cost management.• Support internal and external audits by providing inventory records, cost reports, and supporting documentation.• Comply with all Company policies, procedures, Code of Conduct, and applicable health, safety, and food safety requirements.• Maintain confidentiality of cost, inventory, and financial information.• Maintain a professional attitude and collaborate effectively with colleagues to support efficient business operations.Requirements• Bachelor's Degree in Accounting, Finance, Business Administration, or a related field.• Minimum 5–7 years of experience in cost control, inventory management, or accounting, including prior supervisory experience, preferably within the hospitality or F&B industry.• Strong knowledge of food and beverage cost control, inventory valuation, recipe costing, and cost accounting principles.• Strong analytical, leadership, and organizational skills.• Fluent in English; Arabic is an advantage.• Proficiency in ERP/accounting systems, inventory management systems, and Microsoft Excel.