Sr Cost Analyst

Senior Cost Analyst
Costa Mesa CA $90000 $105000 Direct FullTime Onsite Food & Beverage


ABOUT THE COMPANY
Our client is a fully integrated private commercial real estate investment firm that owns highend retail multifamily office and hospitality assets throughout California.

ABOUT THE ROLE
The Food & Beverage Senior Cost Analyst will play a crucial role in managing and analyzing financial data related to Food and Beverage (F&B) for our restaurants. The ideal candidate will have a strong background in accounting financial analysis and a deep understanding of F&B cost management.


WHAT YOU WILL BE DOING

• Analyze F&B Banquets and Catering cost structures to identify areas of improvement and costsaving opportunities. Assist in the development of annual budgets and forecasts for F&B
• Monitor and report on actual vs. budgeted performance.
• Oversee inventory control processes including tracking reconciling and reporting on F&B inventory levels.
• Implement strategies to reduce waste and optimize inventory turnover.
• Prepare regular cost reports for F&B providing detailed insights into cost trends variances and recommendations for improvement.
• Collaborate with culinary and sales teams to assess the profitability of menu items and catering packages.
• Investigate and report on variances between actual and expected costs identifying root causes and recommending corrective actions.
• Evaluate vendor contracts negotiate terms and maintain strong relationships with suppliers to ensure costeffectiveness and quality of products and services.
• Ensure compliance with accounting principles and internal controls in F&B cost management.
• Assist in the monthend closing process including reconciling accounts preparing journal entries and producing accurate financial statements.

• Prior experience in hospitality/food industries required
• Bachelor’s degree in finance/accounting or related field required
• 4 years of experience in cost analysis required
• Strong attention to detail and ability to work in a fastpaced environment
• Experience using Excel (entry to midlevel)

• Medical
• Dental
• Vision
• PTO after 90 days you start accruing 3 weeks per year
• Sick time
• 401k

Renowned Recruitment Group and our clients do not discriminate in employment on the basis of race color religion sex (including pregnancy and gender identity) national origin political affiliation sexual orientation marital status disability genetic information age membership in an employee organization retaliation parental status military service or other nonmerit factors.