Cost Controller / Accountant
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Key skills for this role
Role Overview
Peaksy Tourist Restaurant LLC is seeking a Cost Controller & Accountant to manage accounting functions and food and beverage cost control.
The role requires practical knowledge of accounting, inventory management, purchasing, stock control, food and beverage costing, and financial reporting.
Hospitality and restaurant experience is highly preferred.
Key Skills for This Role
Full Job Posting
Role Overview
Peaksy Tourist Restaurant LLC is seeking a Cost Controller & Accountant to manage accounting functions and food and beverage cost control.
The role requires practical knowledge of accounting, inventory management, purchasing, stock control, food and beverage costing, and financial reporting.
Hospitality and restaurant experience is highly preferred.
Accounting Responsibilities
- Manage daily accounting transactions and maintain accurate financial records.
- Handle accounts payable and accounts receivable, including invoices, payment vouchers, journal entries, and supplier payments.
- Reconcile bank accounts, credit cards, cash, and POS transactions.
- Monitor daily sales and reconcile POS transactions with accounting records.
- Prepare monthly financial reports and account reconciliations.
- Monitor supplier balances, prepare statements of account, and assist with cash flow monitoring and payment planning.
- Maintain financial documentation and assist with UAE VAT preparation.
- Coordinate with auditors, banks, suppliers, and external accounting consultants when required.
Cost Control Responsibilities
- Monitor food, beverage, and operational costs and prepare cost-control reports.
- Conduct physical inventory and stock counts, reconcile stock with system records, and investigate variances.
- Prepare and maintain recipe costing and menu costing.
- Monitor purchasing prices, supplier price changes, and deliveries against purchase orders and invoices.
- Monitor wastage, spoilage, breakages, complimentary items, transfers, and stock adjustments.
- Monitor portion control and ensure standard recipes are followed.
- Work with kitchen, bar, F&B, purchasing, and operations teams to control costs.
- Analyze sales, consumption, and inventory trends and support cost-saving strategies.
Requirements
- Bachelor's degree in accounting, finance, or a related field.
- Proven experience as an accountant, cost controller, F&B cost controller, or in a similar position.
- Strong knowledge of inventory management, stock control, food and beverage costing, and accounting.
- Knowledge of UAE VAT and basic UAE accounting requirements.
- Strong Excel skills and experience with accounting, POS, or inventory systems.
- Excellent numerical and analytical skills, attention to detail, communication, and coordination skills.
- Ability to identify discrepancies, work independently, and meet strict reporting deadlines.
- UAE experience is preferred.
Preferred Candidate
- Restaurant and bar operations experience is advantageous.
- Experience with beverage costing, stock reconciliation, supplier invoices, POS reconciliation, and F&B inventory control is advantageous.
Compensation
- Pay starts from AED 8,000 per month.
Work Location
- The work location is in person.
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