Cost Controller

FILINVEST COMPANY : GRAFIK PINE HOUSE BAGUIOPosition Summary : In accordance with the policies, procedure and standards of Chroma Hospitality and Grafik Pine House Baguio, As the Cost Controller you play a critical role in managing the property's financial efficiency by monitoring expenditures, optimizing procurement, and ensuring cost-effective operations.

Your expertise in cost analysis, inventory control, and financial reporting directly supports profitability and budge adherence across the hotel.

You are expected to collaborate and work with various operating departments in the hotel.

You will guide the team in ensuring they are able to manage their departmental expenditures that affect their overall P&L.Scopes and Responsibilities : You are expected to be familiar and master the Finance system such as Business Central and LS CentralYou must be able to understand the transaction flow to be able to generate needed reports and see potential problems or discrepanciesYou will prepare financial reports related to Food cost, Wastage, Beverage reports, Inventory management reports and other relevant reports that may be required by managementUnderstand recipe management and its impact to costing, knows recipe costingConduct spot checks on portion control, butchery and buffet testing and provide reports on the spot checks done.Oversee the Receiving of items to ensure these are as per standards, properly recorded in the system.As the Cost Controller you know how to read and interpret variance analysis and recommend remedial action plans to take to ensure efficiencyConduct a periodic review of PAR STOCK levels to compare with the movements or business demands.You will be able to recommend updated PAR STOCK levels that will manage cost and inventory betterMaintain an updated inventory list on all storesReview with Purchasing department the lead time for order fulfillment to ensure that products or stocks are delivered on time to prevent any operational disruptionOversee the Storerooms that these are properly maintained, items are monitoredYou will be championing use of finance and accounting and materials and management systemsFully understands the digital transaction process flow of properties and departmentAble to teach and conduct training on hotel and accounting systemsMaximize the use of these tools to generate reports and insights relating to the management of hotel inventories and resources.You are able establish implement Cost control policies and procedures.

As cost controller you are in coordination with auditors and legal for all the audit requirements complianceKnowledge of hotel reporting, such as budgets and forecast and be able to make recommendation on how they can be realized and achievedQualifications : Bachelors degree in Financial Management, Accountancy or related fieldMinimum of 7 years experience in Finance departmentIdeally, with min of 3 years middle manager / supervisory position ( Cost Control Supervisor, Auditor)Knowledge, familiarity and connection with different hospitality organizations

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