Job 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

• Assist the Senior Cost Controller in gathering and compiling data for budgeting and forecasting processes.
• Support the implementation of cost recording, reporting, and analysis procedures in line with internal standards.
• Help monitor performance metrics of various cost centers and highlight any deviations from budget.
• Aid in the development and maintenance of cost codes and project accounting systems.
• Assist with monthly cost center reviews and reporting on variances or unusual trends.
• Conduct regular spot checks on purchasing and receiving processes to ensure compliance with internal controls.
• Verify the accuracy of Banqueting Function Sheets, contracts, and ensure sequential numbering is maintained.
• Reconcile kitchen covers reports and function bills against related documentation.
• Review upcoming event function sheets to ensure accuracy of rates, contract availability, deposit tracking, and credit approvals.
• Ensure rebates and discounts are properly justified, documented, and approved.
• Check and validate that selling prices in Micros F&B are updated as per the approved rate structure and no unauthorized changes are made.
• Assist in the analysis of cost of sales ratios and provide support for margin monitoring.
• Perform data entry and verification tasks in financial and cost control systems.
• Collaborate with the purchasing and receiving departments to track and monitor inventory usage and wastage.
• Participate in periodic stock takes and reconciliation of inventory variances.
• Provide administrative support to the Senior Cost Controller and Finance Department as needed.
• Contribute to the development of internal controls and continuous process improvements related to cost control.

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.