Job Description

Our client, Anahita Residences & Villas Ltd, is looking for a Cost Controller, reporting to the Financial Controller.

Job overview

As a Cost Controller, you will collaborate with department managers to analyze expenses, optimize costs, and assess vendor relationships, ensuring that the business maximizes profitability.

This role demands efficiency, problem-solving skills, and resourcefulness, with a strong commitment to financial goals. You will focus on improving the bottom line without compromising the quality of operations, making strategic decisions to streamline processes and enhance cost-effectiveness. Success in this role requires a sharp eye for detail and a dedication to maintaining financial control while fostering productive partnerships with vendors.

Core Job Responsibilities & Duties

•           Carry out any cognate duties as may be requested by superior from time to time.

•           Review the daily intake of products into the hotel and ensure accurate pricing and quantity of goods received. Perform test checking on the receiving and issuing of goods at the hotel to ensure that the procedures are followed correctly.

•           Alert Storekeeper and department heads of slow-moving goods and goods nearing expiry dates to reduce waste and alter product purchasing to accommodate.

•           Establish monthly inventory procedures to ensure accuracy of inventory, stock control and valuation of stock. Produce and supervise monthly inventory, reconciling the opening stock with the closing stock, taking account of store issues and sales including Boutique, Spa and OPEX & CAPEX items. Investigate on variances and recommend corrective action

•           Monitor stock levels in all outlets, enquire and report on discrepancies, and highlight over-stocking of products in outlets.

•           Carry-out spot checks on outlets ensuring adequate controls are in place and are being adhered to so as to minimise risks of fraudulent practices.

•           Perform continual housekeeping duties on Store (Material Control) and POS (Micros/Symphony) maintaining correct set up of products for purchase and recipe use.

•           Ensures with storekeeper that all receipts, issues and transfers have been booked in timely and accurate manner and proceeds with the Invoice Control daily.

•           Monitors consumption of store items through approval of departmental store requisitions.

•           To liaise with the purchasing manager and raise awareness of head of department on impact of prices variations.

•           Verify and control complimentary consumptions, Food and Beverages cost, Welcome Anahita Amenities in the rooms, etc for proper allocation of costs.

•           Manage cost reporting on a weekly basis, fortnightly or as required by the operation. Prepare daily flash report of food & beverage costs.

•           Attend major banquet events with open bar, prepare P&L statement of major banqueting events and prepare banquet revenue breakdown summaries.

•           Prepare the costing for recipes, menus and events prepared by the Executive Chef/F&B Manager and makes recommendations on selling price.

•           Attend finance meetings and represent finance department in hotel operational meetings, as required.

•           Maintain good communication and working relationships with all hotel areas.

•           Prepare monthly statements by collecting data: analysing and investigating variances: Summarizing date, information, and trends.

•           Respond to financial inquiries by gathering, analysing, summarizing, and interpreting data.

•           Provide financial advice by studying operational issues: applying financial principles and practices: developing recommendations.

•           Prepare special reports by studying hotel expenses in line with operation levels: assist the Assistant Financial Controller in the preparation of annual budget and forecast

•           Provide relevant figures, reports and support to the Assistant Financial Controller and Financial Controller for the Month End procedures.

•           Develop Standard of Operations with the Financial Controller and ensure the application of these standards.

•           Builds external relationships to colleagues in the area.

•           Familiarizes the Executive and Management Teams with cost control related issues.

•           Works with Revenue Controller to ensure that over & short, rebated, voids, discounts, cash sales, clearance, restaurant sales reports and Opera postings are reconciled accordingly.

•           Works with Revenue Controller to verify postings against source documents on a daily basis.

•           To apply financial, commercial and business input into the management of the hotel operation to ensure that optimum performance is realised.

•           Cognate duties as assigned by the Management Accountant and Financial Controller to meet the organization’s goal.

Qualifications

• Higher School Certificate/Diploma or ACCA Level 1 or 2
• Computer literate (excel, words, outlook)
• Familiar with Sun Systems, Opera, Materials Control and Micros/Simphony and Netuite.
• Experience in similar position will be an advantage and in the tourism sector.

Skills and Abilities

•           Able to work under pressure

•           Team Spirit

•           Planning and organizing

•           Problem-solving.

•           Customer service orientation

•           Competency in Microsoft applications including Word, Excel and Outlook.

•           Organizational, verbal and written communication skills a must.

•           Attention to detail and ability to multi-task is an asset.

•           Aptitude for numbers.

•           High level of integrity

Proactive Talent Solutions reserves the right:

To call only the shortlisted candidates for interview.

Not to make any appointment following this advertisement nor to assign any reason whatsoever for accepting or rejecting any candidate.