1. Monitor and analyze operational costs, including food, beverage, and labor expenses, to ensure adherence to budgetary guidelines.
2. Prepare and maintain detailed reports on cost variances, identifying trends and areas for improvement.
3. Collaborate with department heads to develop and implement cost-saving initiatives and strategies.
4. Conduct regular audits of inventory and purchasing processes to ensure accuracy and efficiency.
5. Assist in the preparation of budgets and forecasts, providing insights based on historical data and market trends.
6. Train and educate staff on cost control measures and best practices to promote a culture of financial responsibility.
7. Review and approve purchase orders and invoices, ensuring compliance with company policies and budget constraints.
Job Requirement :
1. Diploma’s degree in finance, accounting, or a related field.
2. Minimum of 2 years of experience in cost control, budgeting, or financial analysis, preferably in the hospitality industry.
3. Strong analytical skills with the ability to interpret financial data and generate reports.
4. Proficiency in accounting software and Microsoft Excel for data analysis and reporting.
5. Excellent attention to detail and organizational skills to manage multiple tasks effectively.
6. Ability to communicate financial information clearly to non-financial stakeholders.
7. Knowledge of inventory management and cost reduction strategies to optimize operational efficiency.