
Cost Control Specialist
7 days ago
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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