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East London: COST ANALYST posted by Work Africa

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Job Description

About the Role

We are seeking a highly skilled Cost Analyst to join our team in East London. As a key member of our finance department, you will be responsible for analyzing and calculating food cost processes for our 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 our restaurants.

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

Requirements

  • 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
  • Experience in Data Analysis and reporting using Excel, ERP Systems, or BI Tools to generate actionable insights from cost data

Qualifications

  • Completed Diploma or certificate in Finance (B. Com Finance preferred)

Salary & Benefits

Market related salary (Based on experience)

How to Apply

Click the green “Go Apply” button below to apply directly online with the employer.

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About Other IT/Computer Jobs in Eastern Cape

The Eastern Cape, South Africa is home to a diverse range of industries and IT/Computer positions, with general job market trends indicating a steady demand for skilled professionals in this field. Typically, roles in the IT/Computer sector are highly sought after, particularly in sectors such as technology, financial services, and manufacturing, where digital transformation and innovation are driving business growth.

In terms of salary expectations, it’s generally true that IT/Computer professionals in Eastern Cape can expect to earn a broad range of salaries, depending on factors such as experience, company size, industry sector, and specific job requirements. While exact figures may vary widely, a common salary range for entry-level positions is typically between R400 000 and R800 000 per annum, with experienced professionals earning upwards of R1 million to R2 million or more, depending on the specific role and industry.

Common skills required for IT/Computer roles in Eastern Cape often include proficiency in programming languages such as Java, Python, or C++, as well as experience with software development methodologies like Agile or Scrum. Additionally, strong understanding of data structures, algorithms, and software engineering principles are typically expected. Other essential skills may include proficiency in operating systems such as Windows or Linux, experience with cloud computing platforms like AWS or Azure, and knowledge of cybersecurity principles.

The Eastern Cape is also home to various industries that commonly employ IT/Computer professionals, including the technology industry, financial services sector, manufacturing sector, and healthcare industry. These sectors often require specialized skills and expertise in areas such as software development, data analytics, IT project management, and cybersecurity.

Career progression for IT/Computer professionals in Eastern Cape can vary widely depending on individual goals and aspirations. Typically, entry-level positions may lead to opportunities in mid-level roles, such as senior software engineer or technical lead, before advancing to leadership positions like team manager or director of technology. Opportunities for career development may include specialising in a specific area, pursuing advanced qualifications like a master’s degree, or taking on mentorship or coaching roles within the organisation.

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



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