Management Accountant - Jeddah

Actively Reviewing the Applications

Top Notch Consultancy

Saudi Arabia Full-Time On-site

Posted 3 weeks ago • Apply by April 28, 2026

Job Description

Industry: Food & Beverage (F&B)

Job Purpose

The Management Accountant is responsible for providing accurate financial analysis, cost control, and performance reporting to support operational and strategic decision-making. The role focuses on cost optimization, profitability analysis, budgeting, and financial planning within a fast-paced F&B environment.

Key Responsibilities

Financial Reporting & Analysis

Prepare monthly management accounts, including P&L, balance sheet, and variance analysis
Analyze food, beverage, and operating costs against budgets and standards
Provide actionable insights on margins, wastage, yield, and cost variances

Cost Control & Inventory Management

Monitor and analyze food and beverage costs, recipe costing, and portion control
Review inventory levels, stock movements, shrinkage, and wastage
Support physical stock counts and reconcile variances

Budgeting & Forecasting

Prepare annual budgets and rolling forecasts in collaboration with operations teams
Track actual performance versus budget and provide corrective recommendations

Business & Operational Support

Partner with operations, procurement, and production teams to improve cost efficiency
Support pricing decisions, promotions, and new product costings
Evaluate supplier pricing, contracts, and cost-saving initiatives

Internal Controls & Compliance

Ensure adherence to financial policies, procedures, and internal controls
Support audit processes and ensure accurate documentation
Ensure compliance with local tax, VAT, and regulatory requirements

Systems & Process Improvement

Improve financial processes, reporting tools, and cost tracking systems
Support ERP, POS, and inventory system integration and reporting

Key Requirements

Education & Experience

Bachelors degree in Accounting, Finance, or related field
3–6 years of management accounting experience, preferably in F&B, hospitality, or manufacturing
Experience with cost accounting and inventory-driven businesses

Skills & Competencies