Cost Controller
3 days ago
JOB TITLE: Cost Controller
JOB DETAILS:
- As part of our commitment to maintaining financial efficiency and profitability, we are seeking a dedicated and experienced Cost Controller to join our team.
- This position plays a crucial role in managing costs, analyzing expenses, and ensuring the financial success of resort operations.
- If you are detail-oriented, have a strong background in cost control, and are passionate about the hospitality industry, we encourage you to apply
Job Responsibilities
Cost Management & Control:
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- Monitor and control operational costs, including food and beverage, housekeeping, maintenance, and other resort-related expenses.
- Review and analyze cost reports, identifying cost overruns and areas where efficiencies can be improved.
- Implement strategies to reduce unnecessary expenses and maximize profitability while maintaining the quality of services provided to guests.
Budgeting & Forecasting:
- Assist in the preparation of the resort's annual budget, ensuring that operational costs align with financial goals.
- Provide regular updates on financial performance and forecast future expenses based on historical data, trends, and business needs.
- Work with department heads to create and manage departmental budgets, ensuring financial targets are met.
Inventory Management & Analysis:
- Oversee the control and management of inventory across various departments (e.g., F&B, housekeeping, maintenance).
- Track inventory usage and identify areas for improvement in stock management, ensuring inventory levels are optimized to prevent overstocking or shortages.
- Perform regular stock audits to ensure accuracy and minimize waste or theft.
Cost Reporting:
- Prepare detailed monthly cost reports for management, highlighting trends, variances, and areas of concern.
- Provide recommendations for cost-saving initiatives and help departments implement cost-reduction measures.
- Analyze financial data and provide insights on cost performance, helping management make informed decisions.
Vendor & Supplier Management:
- Evaluate and monitor supplier contracts to ensure cost-effective pricing and quality standards.
- Work with procurement to negotiate pricing and manage supplier relationships to ensure favorable terms and minimize costs.
- Collaborate with suppliers and internal teams to ensure timely delivery of goods and services within budget.
Financial Compliance & Auditing:
- Ensure all cost-related activities comply with the resort's financial policies and industry regulations.
- Conduct audits of operational expenses and processes to ensure transparency and accountability.
- Ensure proper documentation and record-keeping for financial reporting and audits.
Collaboration with Resort Departments:
- Work closely with various departments (e.g., F&B, housekeeping, maintenance) to ensure alignment between operational and financial goals.
- Provide cost-related training and guidance to department heads and staff to improve cost awareness and efficiency.
Continuous Improvement:
- Identify opportunities for operational improvements that can result in cost savings without compromising the guest experience.
- Participate in regular reviews and analysis of cost control measures to ensure they are effective and aligned with resort objectives.
Requirements
Education & Experience:
- Bachelor's Degree in Accounting, Finance, Hospitality Management, or a related field.
- Previous experience in cost control, financial analysis, or a similar role within a resort, hotel, or hospitality environment (3+ years).
- Familiarity with financial systems, property management systems (PMS), and inventory control software.
Skills & Competencies:
- Strong knowledge of cost control principles, financial reporting, and budgeting.
- Excellent analytical skills with the ability to interpret data and identify trends.
- Proficient in Microsoft Excel and accounting software; experience with resort management systems is a plus.
- Ability to work effectively under pressure and meet deadlines.
- Strong communication and interpersonal skills, with the ability to collaborate across departments.
Personal Traits:
- Detail-oriented with a strong focus on accuracy and efficiency.
- Proactive problem-solver with a hands-on approach to cost control.
- Strong organizational and time-management skills.
- Ability to maintain confidentiality and integrity in handling sensitive financial data.
- Positive attitude and ability to work as part of a team in a fast-paced environment.
Benefits
- Competitive Salary
- Opportunities for career development and professional growth
- A supportive and dynamic work environment.
HOW TO APPLY
To Apply For The Ongoing La Campagne Tropicana Beach Resort Job Recruitment, Visit APPLICATION PORTAL To Submit Your Application
Note
- If you are passionate about cost control, financial management, and the hospitality industry, we invite you to apply
- La Campagne Tropicana Beach Resort is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
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