Restaurant Cost Analyst
Full Time • Turning Point of Ocean
Benefits:
- 401(k)
- Competitive salary
- Employee discounts
- Opportunity for advancement
- Paid time off
We are looking for a detail-oriented Cost Analyst with excellent IT skills to oversee and enhance food and beverage costs throughout our operations. The perfect candidate will possess experience in cost control, inventory management, and financial reporting, along with proficiency in Excel and restaurant accounting software. This position is vital for ensuring cost efficiency, minimizing waste, and boosting profitability.
Key Responsibilities:
Cost Control & Analysis:
- Analyze and maintain accurate menu costing, including ingredient pricing and portioning.
- Conduct Actual vs Theoretical (AVT) variance analysis to identify discrepancies between actual and theoretical costs.
- Collaborate with operations teams to improve cost efficiencies.
- Monitor cost trends and provide recommendations to enhance profitability.
- Ensure accurate data entry and reporting in restaurant accounting systems (e.g., R365).
Inventory & Procurement Management:
- Oversee inventory counts, reconcile to general ledger & ensure accurate reporting.
- Implement and maintain inventory control systems, tracking stock movements and minimizing discrepancies.
- Work closely with purchasing and kitchen teams to standardize recipes and portion controls.
- Monitor daily inventory for high-cost limited time offerings (LTO) such as lobster tails.
Financial Reporting & Analysis:
- Generate detailed cost reports, including food cost percentage, variance analysis, and profitability insights.
- Track and analyze sales mix, menu pricing, and gross profit margins.
- Provide management with accurate and timely cost reports for strategic decision-making.
Systems & IT Management:
- Maintain and improve cost control and inventory management software.
- Integrate and optimize data across Aloha POS & Restaurant365 (restaurant management software)
- Automate reporting processes to improve efficiency and accuracy.
Requirements:
Education & Experience:
- Bachelor’s degree in accounting, Finance, Business Administration, Hospitality Management, or a related field.
Preferred Qualifications:
- Experience in Multi-Unit restaurant operations.
- Excel proficiency (pivot tables, data analysis).
- Background in data analytics or business intelligence tools.
- Familiarity with Aloha POS and Restaurant365 Restaurant Management Software
Benefits:
- 401(k)
- Competitive salary
- Employee discounts
- Opportunity for advancement
- Paid time off
Other:
- The position is in person and based in our Oakhurst, NJ location
Join our team and play a key role in optimizing our food and beverage operations while leveraging your IT expertise to drive efficiency and profitability!
Compensation: $55,000.00 - $65,000.00 per year
At Turning Point, we're more than just restaurants. We're a way of life. And we believe that the best way to make a difference is by giving back to our employees, who work so hard to ensure that each and every one of our guests has an amazing dining experience.
Turning Point Restaurants provides a supportive working environment that promotes teamwork, growth and innovation. We are always looking for friendly and passionate individuals to join our team; and then once you're here, you're part of the family. Like any proud parents, we're committed to investing our time in developing our employees and helping them grow. That includes setting the stage for a healthy work/life balance and offering things like health insurance, retirement benefits, paid time off, discounted meals, and growth and transfer opportunities.
Apply now to learn more!
Apply here.
For our employees
* Day time shifts only
* You can make nighttime money while working daytime hours, our restaurants close EVERY DAY at 3pm!
* You will be respected, valued and appreciated
* We advocate and encourage a healthy work life balance
* Flexible Scheduling
* Opportunities to pick up shifts at any of our locations throughout NJ, PA & DE
* Ability to transfer to another location if you relocate
* Discounted meals
* Employee Perks & Savings Program through Working Advantage and Benefit Hub
* Growth Opportunities - more than 65% of our managers have been promoted from within
* Equity and equality ensured for all
* A fun and rewarding work environment
* You can make nighttime money while working daytime hours, our restaurants close EVERY DAY at 3pm!
* You will be respected, valued and appreciated
* We advocate and encourage a healthy work life balance
* Flexible Scheduling
* Opportunities to pick up shifts at any of our locations throughout NJ, PA & DE
* Ability to transfer to another location if you relocate
* Discounted meals
* Employee Perks & Savings Program through Working Advantage and Benefit Hub
* Growth Opportunities - more than 65% of our managers have been promoted from within
* Equity and equality ensured for all
* A fun and rewarding work environment