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Assistant Cost Controller
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Job Description
- Review cost data regularly, helping the Cost Controller analyze variances between actual and budgeted expenses. Identify areas of concern where costs are rising above expectations.
- Identify discrepancies in expenditures, report them to the Cost Controller, and assist in investigating the causes.
- Monitor daily expenditures for Food & Beverage department and ensure they align with the hotel s budget.
- Help track and record inventory items for Food & Beverage department. Ensure accurate and up-to-date inventory data.
- Work with the purchasing department to ensure that inventory levels are adequate without overstocking, helping maintain cost-efficiency.
- Help generate daily, weekly, and monthly reports on departmental costs and cost control activities, ensuring they are accurate and submitted on time.
- Organize and maintain accurate records of invoices, purchase orders, receipts, and other financial documents required for audits and reporting.
- Assist in identifying areas where costs are exceeding budgeted amounts and report findings to the Cost Controller.
- Work with department heads and other staff to suggest and implement cost-saving strategies, such as improving operational efficiency.
- Help ensure that all procurement and cost-control activities follow the established financial policies, including approval processes and documentation requirements.
- Help ensure that the hotel s cost control systems and software are properly maintained and updated.
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