naukri
Finance Controller (Bakery / Production Unit)
Mira Construction
Dubai, UAE
Senior
Onsite
Discovered 3 weeks ago
CostingInventory ManagementFinancial ReportingVariance AnalysisVAT ComplianceBudgeting
Free
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CostingInventory ManagementFinancial Reporting
Role Overview
The Finance Controller for the Bakery/Production Unit is responsible for managing costing, inventory, and financial reporting.
The role involves monitoring raw material prices, conducting variance analysis, and ensuring compliance with VAT regulations.
Key Skills for This Role
CostingInventory ManagementFinancial ReportingVariance AnalysisVAT ComplianceBudgeting
Full Job Posting
Job Overview
The Finance Controller for the Bakery/Production Unit is responsible for managing costing, inventory, and financial reporting.
The role involves monitoring raw material prices, conducting variance analysis, and ensuring compliance with VAT regulations.
Key Responsibilities
- Build and maintain accurate recipe-level costing (ingredient-level, gram accuracy).
- Monitor raw material price fluctuations and update COGS accordingly.
- Calculate and track: Food Cost %, Production cost per batch, Yield & wastage, Contribution margin per SKU.
- Allocate overhead costs (rent, utilities, labor, packaging) accurately into unit economics.
- Analyse product-level margins and recommend pricing adjustments.
- Conduct variance analysis (theoretical vs. actual costs).
- Monitor shrinkage, spoilage, and write-offs.
- Design and implement structured inventory control procedures.
- Manage stock movement across raw materials, semi-finished, and finished goods.
- Supervise monthly physical inventory counts (minimum requirement).
- Monitor batch accuracy and production efficiency.
- Identify abnormal consumption or wastage patterns.
Requirements / Qualifications
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