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East London: Cost Analyst

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Job Description

We are seeking a detail-oriented Cost Analyst to join our finance team. You will play a key role in analysing and managing food costs, maintaining the bill of materials, and preparing variance reports. Your work will support accurate financial reporting and operational efficiency across multiple restaurants. Key Responsibilities Analyse daily food costs per restaurant, including missing stock and damages, and report findings to relevant operational teams. Investigate and resolve food cost variances. Analyse stock transfers and calculate actual versus theoretical food costs. Maintain and update the Bill of Materials (BOM) with ingredient costs, new products, and selling prices. Collaborate with operations, marketing, supply chain, and finance teams to ensure accurate reporting and alignment on cost strategies. Assist in identifying process improvements to enhance cost control and operational efficiency. Required Skills & Competencies Technical / Functional: Fluent in English (spoken and written). Strong numerical and analytical skills. Proficient in Excel, ERP systems, and reporting tools. Knowledge of cost control, budgeting, and forecasting. Understanding of procurement, supply chain, and vendor management. Familiarity with regulatory compliance, food safety standards, and internal controls. Behavioural / Soft Skills: Excellent attention to detail and integrity in reporting. Strong communication and collaboration skills. Time management and planning abilities. Coaching and development of operational teams. Analytical thinking and problem-solving. Goal-oriented and accountable. Qualifications & Experience Matric certificate required. Diploma or Certificate in Finance mandatory. B.Com Finance preferred. Previous experience in a business finance role. Experience in the Quick Service Restaurant (QSR) industry is an advantage. Work Environment Primarily office-based with interaction across multiple restaurant operations. Collaborative team environment with opportunities to influence operational efficiency.

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About Accounting / Finance Jobs in Buffalo City

When it comes to Accounting and Finance positions in Buffalo City, South Africa, the general job market trends indicate a steady demand for skilled professionals in these fields. Typically, companies across various industries require accountants and finance specialists to manage their financial operations, ensure compliance with regulations, and provide strategic financial insights.

Generally, salaries for accounting and finance roles in Buffalo City can range from R400 000 to R800 000 per annum, depending on factors such as experience, company size, industry sector, and qualifications. However, it’s essential to note that these are broad ranges, and actual salaries may vary significantly based on individual circumstances. For instance, a finance manager with extensive experience in the manufacturing sector might earn closer to the higher end of this range, while an entry-level accountant in a smaller company might start at the lower end.

Common skills required for accounting and finance roles include strong analytical and problem-solving abilities, proficiency in financial software such as Xero or SAP, attention to detail, excellent communication and interpersonal skills, and knowledge of accounting standards and regulations. Typically, companies look for professionals with a degree in accounting or finance, as well as relevant certifications such as the Certified Public Accountant (CPA) designation.

Accounting and finance roles can be found across various industry sectors, including financial services, technology, manufacturing, and healthcare. Financial services sector, for example, often requires accountants and finance specialists to manage client relationships, ensure regulatory compliance, and provide financial analysis and planning support.

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Career development opportunities for accounting and finance professionals in Buffalo City are plentiful. Typically, entry-level positions can progress to senior roles within a few years, with opportunities to specialize in areas such as tax consulting, auditing, or financial planning. Many companies also offer training and development programs to help employees enhance their skills and advance their careers. With dedication and hard work, accounting and finance professionals can enjoy rewarding and challenging careers in Buffalo City.


This information provides general career guidance. Actual salaries and requirements vary by employer.



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