Cost Controller at Peniel Apartments

GENERAL JOB DESCRIPTION

The Cost Controller is in-charge of total cost and assets. Will monitor operations of the food and beverages department, Housekeeping, Facilities and main stores to ensure proper cost control is maintained. In order to help management to maintain a strict adherence to corporate budget while finding ways to increase company profits. Also support the Finance Manager in developing financial report.

DUTIES & RESPONSIBILITIES

• The Cost Controller will work alongside relevant account officers in overseeing the cost control function for Peniel Apartments.
• Would analyze each department’s ordering and consumption patterns, and closely monitoring them to ensure that they adhere to the agreed budgets, costing and standards.
• Will monitor the performance of all departments, particularly food and beverage and housekeeping operations efficiently.
• Liaising with the purchasing team, as well as chefs, Food and Beverage Executive and Rooms division manager to ensure accurate costing for all operations.
• Organize the asset controlling systems.
• Organize the store and receiving systems. 
• Should be actively involved in inventories and stock takings.
• Manage F&B, Housekeeping, store and Facilities department cost functions.
• Keep Track record of all cost issues in all departments.
• Develop cost report for Finance Manager and relevant departments concerned.
• Support cost information for all concern departments upon request.
• Ensures requisition from every unit posted from store is classified into the right GLCOS in Sage accounting sage.
• conducting regular audits of F&B inventory books to identify variances and discrepancies.
• collaborating with the F&B team to implement cost-saving measures and optimize menu pricing.
• complementary meal analysis and revenue report.
• Preparing monthly financial performance review reports and cost analysis for management review.
• Preparing and forecasting yearly F&B sales budget-
• Preparing Full year report 
• Performs other duties as assigned.

EDUCATION & TRAINING

At least a bachelor's degree in Accounting, Economics, Statistics or another related field.

KNOWLEDGE & EXPERIENCE

• At least 5 - 7 years managerial experience in similar role

SKILLS & ABILITIES

• Solid experience in star class hospitality environment/service apartments.
• Previous experience in Food and Beverage and other operational departments from a similar establishment is preferred.
• Familiar with hospitality accounting as well as operations.
• Ability to work flexible hours.
• Strong and confident personality coupled with the ability to work as part of a team.
• Good Knowledge of and experience with accounting and purchasing software.
• Good interpersonal skills
• Ability to communicate clearly and concisely.
• Analytical and driven to initiate new ideas or plans.
• Must possess an organized and methodical approach.
• A high level of accuracy and attention to detail.
• Good time management for meeting strict deadlines
• Ability to communicate well in both oral and written reports
• Proficiency in MS Office, Outlook, Word, Excel.
• Excellent knowledge in Opera and Peachtree.

WORKING CONDITIONS

DAYS OF WORK

 7 days with 2 days off in a week.