Assistant Cost Controller

Job Description

• Review cost data regularly, helping the Cost Controller analyze variances between actual and budgeted expenses. Identify areas of concern where costs are rising above expectations.
• Identify discrepancies in expenditures, report them to the Cost Controller, and assist in investigating the causes.
• Monitor daily expenditures for Food & Beverage department and ensure they align with the hotel’s budget.
• Help track and record inventory items for Food & Beverage department. Ensure accurate and up-to-date inventory data.
• Work with the purchasing department to ensure that inventory levels are adequate without overstocking, helping maintain cost-efficiency.
• Help generate daily, weekly, and monthly reports on departmental costs and cost control activities, ensuring they are accurate and submitted on time.
• Organize and maintain accurate records of invoices, purchase orders, receipts, and other financial documents required for audits and reporting.
• Assist in identifying areas where costs are exceeding budgeted amounts and report findings to the Cost Controller.
• Work with department heads and other staff to suggest and implement cost-saving strategies, such as improving operational efficiency.
• Help ensure that all procurement and cost-control activities follow the established financial policies, including approval processes and documentation requirements.
• Help ensure that the hotel’s cost control systems and software are properly maintained and updated.

Qualifications