Cost Control Specialist

7 days ago


Victoria Island, Nigeria Ascentech Services Ltd Full time

Job Description:

Cost Control Officer

We are seeking a highly skilled and detail-oriented Cost Control Officer with prior experience in the hospitality industry to join our team. The ideal candidate will have hands-on experience in cost management, budgeting, and financial analysis, with proficiency in using Odoo software.

Key Responsibilities:

  • Track and monitor all costs within the organization, including food and beverage, labour, operational supplies, and overhead costs.
  • Analyze monthly financial statements to identify discrepancies and suggest cost-saving measures.
  • Conduct regular audits of inventory and usage to ensure accurate accounting and cost-effective purchasing.

Budgeting and Financial Planning:

  • Assist in the preparation of annual budgets and forecasts, ensuring they align with business objectives.
  • Review monthly financial performance against budget, providing detailed variance analysis.
  • Recommend adjustments to improve financial performance and minimize wastage.

Odoo Software Utilization:

  • Use Odoo software to record and track costs, inventory, and purchase orders.
  • Ensure Odoo reports are accurate and up-to-date for internal and external financial reporting.
  • Analyze Odoo data to provide actionable insights for better financial management.

Requirements:

  • Minimum of 2 years of experience in cost control or financial management within the hospitality industry.
  • Proficiency in Odoo software (previous experience using the system is required).
  • Strong understanding of hospitality cost structures and financial analysis.
  • Excellent communication and interpersonal skills.
  • Detail-oriented with strong analytical and problem-solving abilities.
  • Ability to work independently and in a team environment.
  • HND/Bachelor's degree in Accounting, Finance, Hospitality Management, or a related field is preferred.

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