Cost Control Executive (Local Candidates Only)

Department: Finance & Procurement

Employment Type: Permanent - Full Time

Location: Singapore - Singapore

Description\n
SCOPE

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The overall scope of this role is to audit and analyse the hotel operational activities and provide accurate reports and recommendations.

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OVERALL OBJECTIVES

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To safeguard the financial integrity and stability of the hotel and minimize any exposure to potential risks. To effectively audit, analyze and interpret all aspects of material handling within the hotel. Summarize and report findings and improvement suggestions on deficiencies. Provide the departments with the information needed to efficiently run their operation.

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The job of Cost Control Executive is executed satisfactorily when:

\n\nF&B POS system is up date with current pricing.\nF&B recipe costing is up date in procurement system.\nAccuracy in preparation of daily & monthly food and beverage cost reports.\nRandom spot checks are performed and documented.\nStocks in outlets are on par with demand period.\n\n
MAIN RESPONSIBILITIES

\n\nResponsible for performing spot checks of the receiving of goods and verifying accuracy of deliveries.\nResponsible for performing spot checks in the culinary area and verifying yielding and wastage.\nResponsible for verifying that food & beverage recipes are accurate and have updated cost and sale prices in POS & procurement system, as well as compliance during preparation.\nResponsible for randomly auditing the market list and use of seasonal items.\nResponsible for performing audits to ensure that inventory movements are recorded correctly.\nOrganize and complete stock take and month-end closing procedures, including preparing journals and cost boards.\nResponsible for documenting and filing all findings and recommendation.\nResponsible for performing random inventories and verifying accuracy versus the perpetual inventory as well as that the stock levels are on par with current needs.\nResponsible for creating and distributing daily and monthly cost reports.\nResponsible for performing any additional duties assigned by Management and assisting in other areas of Accounting as needed.\nResponsible for communicating with supervisor on any discrepancies in invoices or other potential problems.\n\n
Additional responsibilities and tasks can be added at any time according to the needs of the business and of the hotel.

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Key Responsibilities\n
SCOPE

\n\n
The overall scope of this role is to audit and analyse the hotel operational activities and provide accurate reports and recommendations.

\n
\n
OVERALL OBJECTIVES

\n\n
To safeguard the financial integrity and stability of the hotel and minimize any exposure to potential risks. To effectively audit, analyze and interpret all aspects of material handling within the hotel. Summarize and report findings and improvement suggestions on deficiencies. Provide the departments with the information needed to efficiently run their operation.

\n
\n
The job of Cost Control Executive is executed satisfactorily when:

\n\nF&B POS system is up date with current pricing.\nF&B recipe costing is up date in procurement system.\nAccuracy in preparation of daily & monthly food and beverage cost reports.\nRandom spot checks are performed and documented.\nStocks in outlets are on par with demand period.\n\n
MAIN RESPONSIBILITIES

\n\nResponsible for performing spot checks of the receiving of goods and verifying accuracy of deliveries.\nResponsible for performing spot checks in the culinary area and verifying yielding and wastage.\nResponsible for verifying that food & beverage recipes are accurate and have updated cost and sale prices in POS & procurement system, as well as compliance during preparation.\nResponsible for randomly auditing the market list and use of seasonal items.\nResponsible for performing audits to ensure that inventory movements are recorded correctly.\nOrganize and complete stock take and month-end closing procedures, including preparing journals and cost boards.\nResponsible for documenting and filing all findings and recommendation.\nResponsible for performing random inventories and verifying accuracy versus the perpetual inventory as well as that the stock levels are on par with current needs.\nResponsible for creating and distributing daily and monthly cost reports.\nResponsible for performing any additional duties assigned by Management and assisting in other areas of Accounting as needed.\nResponsible for communicating with supervisor on any discrepancies in invoices or other potential problems.\n\n
Additional responsibilities and tasks can be added at any time according to the needs of the business and of the hotel.

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Skills, Knowledge and Expertise\n
REQUIREMENTS

\n\nFinance trained with at least 2 years of relevant finance experience in cost control, preferably in the hotel industry.\nOrganized, analytical, resourceful, meticulous and confident\nAble to multi-task and work independently in a dynamic environment with good problem solving and decision-making skills.\nGood interpersonal and communication skills\nExperience in cost control with audit background is advantageous.\n