Finance & Cost Control Manager (F&B)

About the role

We are looking for an experienced Finance & Cost Control Manager with a strong background in the F&B industry to manage financial performance, cost control, budgeting, and profitability across our business operations. This role goes beyond bookkeeping and accounting. We are looking for someone who can understand the numbers, control costs, protect profitability, identify financial risks, and support management in making better business decisions.

Key responsibilities

• Prepare and analyze monthly Profit & Loss (P&L) reports for the company and individual outlets.

• Calculate, monitor, and control COGS / food cost.

• Prepare CBB, budgets, forecasts, and cost analysis.

• Monitor and control key cost ratios, including raw material / food cost, labor and employee cost, operational expenses (OPEX), and rent, utilities, and other outlet expenses.

• Monitor gross profit, operating profit, and net profit margins.

• Analyze budget vs. actual performance and investigate significant variances.

• Evaluate the profitability and financial performance of each outlet.

• Identify unnecessary or excessive expenses and recommend practical cost-saving measures.

• Establish and maintain effective cost-control systems and financial controls.

• Work closely with Operations, Purchasing, HR, and Management to ensure costs remain within agreed targets.

About you

• Minimum 5 years of Finance / Accounting experience in the F&B industry.

• Strong understanding of F&B costing, COGS, food cost, labor cost, OPEX, and outlet profitability.

• Experienced in preparing and analyzing P&L, budgets, cost reports, and financial forecasts.

• Strong analytical and problem-solving skills.

• Excellent attention to detail and accuracy.

• Able to identify cost inefficiencies and provide practical solutions.

• High level of integrity, honesty, and reliability.

• Responsible, disciplined, and trustworthy.

• Able to work independently and communicate effectively with management.