COST ANALYST

COST ANALYST/EAST LONDON – As a Cost Analyst, you will be responsible for analyzing and calculating food cost processes for the company. This includes managing the bill of materials, conducting monthly food cost calculations, and preparing various variance reports. Your work ensures accurate financial reporting and supports operational efficiency across all restaurants

QUALIFICATIONS & COMPETENCIES/SKILLS:

• Diploma or certificate in Finance (B. Com Finance preferred)
• Previous experience in a business finance related position
• Previous experience in the Quick Service Restaurant industry will take preference
• Knowledge and experience in safety standards, financial audit requirements, and internal controls
• Highly proficient in Microsoft Word, Excel Spreadsheets, and outlook e-mail
• Knowledge and experience in Procurement and Supply Chain – understand venor pricing, contract terms, and sourcing strategies
• Experience in Data Analysis and reporting using Excel, ERP Systems, or BI Tools to generate actionable insights from cost data
• Experience in Cost Control and Budgeting – calculating food cost percentages, forecasting, and aligning with budget targets
• Advanced numerical skills and statistical skills
• Strong understanding of vendor pricing, contract terms, and sourcing strategies
• Ability to speak, read and write English fluently
• Ability to plan and allocate time to complete key deliverables

KEY RESPONSIBILITIES:

• Daily food cost analysis per restaurant
• Investigating food cost variances
• Analyzing stock transfers
• Calculating the actual and theoretical food cost for each restaurant
• Managing the Build of Material file, including updating ingredient costs received from Supply Chain, adding new products and ensuring correct selling prices.
• Communication with Area Coaches, Marketing team, Supply Chain team, Finance colleagues, external vendors or auditors for data verification
• Problem solving and analysis
• Judgement and decision making
• Innovation

Salary: Market related (Based on experience)

Application Process: