The Cost Controller role provides accurate cost data to the Accounting & Control team and Department Heads to support daily operations, budgeting, and profit center management. It ensures that materials management systems are properly used, variances are investigated, and corrective actions are implemented.
Responsibilities and Duties
Cost Control & Reporting
- Prepare daily and monthly cost reports (e.g., Food & Beverage Actual vs Potential).
- Provide cost summaries for financial reporting.
- Analyze General Stores issues against budget.
- Collate and journalize month-end inventory figures.
Inventory Management & Audit
- Audit inventory transactions and authorize adjustments.
- Participate in month-end and periodic stocktakes.
- Reconcile inventory variances and obtain explanations.
- Maintain records for non-system inventory transactions (banquets, cocktails, buffets).
- Monitor inventory turnover and par stock levels.
Purchasing & Receiving Control
- Compare purchase orders with authorized purchase requests.
- Audit receiving variance reports (price and quantity variances).
- Conduct market surveys to ensure competitive pricing.
- Spot check purchase orders against market lists.
- Verify quality of items received against specifications.
Food & Beverage Cost Monitoring
- Verify recipes, yield tables, and standard pricing tables.
- Check portion control and outlet recipe accuracy.
- Audit liquor handling, pouring brands, minibar controls.
- Investigate spoilage and wastage reports.
Asset & Equipment Control
- Maintain records of Operating Equipment and FF&E.
- Coordinate periodic and annual equipment inventories.
- Track movement and status of FF&E items.
Compliance & Systems Control
- Monitor accuracy of data entered in Materials Management systems.
- Ensure proper use of units of measure and brand information.
- Audit operating procedures (purchasing, receiving, storing, preparation).
- Ensure compliance with accounting principles.
Training & Supervision
- Train and guide ambassadors in Materials Management procedures.
- Support team development and operational efficiency.
- Supervise and demonstrate proper processes where required.
Qualifications and Requirements
- Minimum 5 years of relevant experience in cost control, preferably in the hospitality industry.
- Bachelor’s Degree in Finance, Accounting, Commerce, or a related field.
- Experience in a luxury hotel environment is an added advantage.
- CPA Section 2 certification.
- Knowledge in Sun System, Opera Cloud, Materials Control & Symphony.
- Excellent organizational and time-management skills.
- Strong written and verbal communication skills.
- High attention to detail and accuracy.
- Ability to multitask and work under pressure.
- Advanced proficiency in Microsoft Office (Word, Excel, PowerPoint, Outlook).
How to Apply
Interested and qualified candidates should apply online via the following portal: Accor on jobs.smartrecruiters.com.
