SENIOR COST CONTROLLER
SAGACITY BUSINESS SOLUTIONS
Total years of experience :1 years, 3 Months
FEB. ’2023 - TILL DATE.
SR. COST CONTROLLER, SAGACITY BUSINESS SOLUTIONS.
● Managing the Month End Inventory and looking after variances in the COGS report.
● Preparing Analysis of Sales Items, Menu Engineering report, Waste Analysis, Price Analysis and many more.
NOV. ’2022 - JAN.'2023 COST CONTROLLER, Chow king Restaurants, LLC, UAE (A unit of SAIF BELHASA HOLDING)
● Managing the Month End Inventory and looking after variances in the COGS report.
● Training Store Staff about the process of entering Month end counts into system.
2012 - 2019 COST CONTROL SUPERVISOR, M.H. Alshaya Co. W.L.L.
• Entering into effective negotiations with suppliers in achieving best price and replacing costly raw materials with economic ones, ultimately benefiting the company bottom line
• Clearing the variances in the COGS report through the accurate checking of recipes as well as closely monitoring the periodic up and downs within the report
2011 - 2012 PURCHASING EXECUTIVE, Foodmark LLC
• Playing an instrumental role in achieving cost savings through the introduction new samples for different products and through entering into effective negotiations with suppliers, making arrangements covering specific periods
• Auditing invoice prices with the fixed agreed prices on a random basis and dealing with any discrepancies quickly and efficiently
• Checking monthly consumption of high cost items and negotiating for better prices when necessary
2008 - 2011 FOOD & BEVERAGE COST CONTROLLER, Diet Care (Al-Aamal Holding Co.)
• Personally responsible for dealing with the cost controls at all levels, including the reduction and minimisation of wastage of food
• Consistently monitoring the quality, sales and cost of purchases as well as preparing Flash reports on a weekly and monthly basis
• Carrying out ABC analysis of raw materials on a periodic basis in addition to preparing the monthly F&B Cost Report and auditing the daily inventory sheet of sales outlets
2007 - 2008 ACCOUNTANT, Rose Patisserie
• Undertaking a multi faceted role with a variety of duties and responsibilities including preparing monthly bank reconciliation statements, clearing discrepancies and controlling cash flow
• Regularly liaising with members of the HR department relating to employee’s salaries and any payroll issues, dealing with any employee queries in a prompt and knowledgeable manner
• Reconciling subsidiary accounts with those of the parent company, verifying outstanding receivables from the customers and making payment to the suppliers
• Preparing vouchers and maintaining books of accounts, incorporating the general, debtors and creditors ledgers as well as debit & credit note and stock registers, to name a few
• Carrying out ageing analysis of outstanding amounts and effectively managing the reporting/analysis
2003 - 2007 ASSISTANT FOOD & BEVERAGE CONTROLLER, The Regency Hotel
• Personally responsible for preparing a recipe system for the factory and outlets for food costs and selling prices and for the preparation of all accounts until compilation of trial balance for year-end accounts
• Auditing the daily revenue report and dealing with a procedures and applications relating to both purchase and inventory controls
• Accurately computing leave salary and indemnity for employees as well as payroll
• Compiling the monthly food and beverage reconciliation report
1997 - 1999 ACCOUNTS ASSISTANT, Lake Palace Hotel
• Working collaboratively and in coordination with External Auditors, preparing reports for presentation to members of the senior management team and auditors on a monthly, quarterly and annual basis
• Undertaking the preparation of the monthly cost revenue report, cash in cash out and a summary of all divisional expenses
• Monitoring payable and receivable reviews, finalising monthly collection reports and dealing with petty cash