Cost Controller
Parklane Hotels LtdJob Title: Cost Controller
Department
Accounts
Reports To
Director of Finance
About the Role
We are seeking a detail-oriented and analytical Cost Controller to join our Finance team. The successful candidate will be responsible for monitoring hotel costs, maintaining accurate financial records, analyzing inventory and purchasing data, and supporting the preparation of financial reports to ensure effective cost control and compliance with company policies.
Key Responsibilities
- Monitor and maintain accurate cost control records and financial documentation.
- Review purchase orders, receiving reports, and supplier invoices, investigating any discrepancies.
- Prepare and distribute cost analysis, purchasing, and sales reports.
- Coordinate and perform monthly inventory counts and stocktaking.
- Prepare monthly accrual reports and support month-end closing procedures.
- Monitor departmental costs and identify budget variances, providing recommendations for improvement.
- Verify banquet function documentation, contracts, billing, and deposits.
- Review rebates, pricing updates, and POS system information for accuracy.
- Maintain inventory records, product costing, recipes, and purchasing data.
- Perform regular audits of inventory storage and stock control procedures.
- Support the Finance team with reporting, cost analysis, and operational controls.
- Ensure compliance with company policies, financial procedures, and health & safety standards.
- Perform any other duties assigned by the Director of Finance.
Requirements
- Bachelor's degree in Accounting, Hotel Management, Finance, or a related field.
- Minimum 3 years of experience in a similar role within a 4 or 5-star hotel environment.
- Excellent command of the English language.
- Strong analytical, reporting, organizational, and problem-solving skills.
- Excellent attention to detail and accuracy.
- Advanced knowledge of Microsoft Office, particularly Excel, Word, and Outlook.
- Experience with accounting software, back-office systems, POS systems, and inventory management systems.
- Ability to work independently while collaborating effectively within a team.