Cost Controller Specialist

11 hours ago

Machakos, Kenya beBee Careers Full time
Job Description:

**Key Responsibilities:**">
  • Assist in monitoring and analyzing cost control accounts and preparing reports for senior management.
  • Review daily cost reports and investigate discrepancies or variances.
  • Collaborate with department heads to understand and control costs within their respective areas.
  • Assist in conducting regular inventory audits and reconciliations.
  • Maintain accurate records of inventory levels and transactions.
  • Monitor purchasing activities and ensure adherence to purchasing policies and procedures.
  • Assist in preparing forecasts and budgets related to costs and expenses.
  • Provide support during internal and external audits.
  • Assist in developing and implementing cost-saving initiatives and procedures.
  • Establish and administer sound food and beverage cost control systems and procedures consistent with high standards of quality and service.
  • Prepare the costing for recipes and menus prepared by the Executive Chef and suggest the selling price.
  • Provide costing, control, administration support in regard to food and beverage cost to F&B Department, supervise inventory control.
  • Form analysis and prepare reports to keep all levels of management informed of day-to-day food and beverage costs, problems and opportunities and to provide necessary information for accounting entries.
  • Prepare daily flash report of food costs and verify daily outlet void control sheets.
  • Prepare P&L statement of major banqueting events and prepare banquet revenue breakdown summaries.
  • Randomly test the inventory of outlets by reconciling the opening stock with the closing stock, taking account of store issues and sales.'
  • Establish and maintain local policies as they relate to the receipt issuance and general controls of all hotel inventories, consumables, and various supplies.
  • Establish and maintain a database for all kind of hotel inventory stocks including up-to-date pricing.
  • Ensure proper storage and issuance of all hotel items, especially food and beverage ones.
  • Establish and maintain a cost allocation transfer system for various hotel supplies to the various departments.
  • Prepare and all operational costs on a monthly basis and recommend alternatives to improve costs.
  • Verify, extend and tabulate inventories and prepare monthly inventory adjustments journal entry.
  • Maintain a close working relationship with the in-charge personnel and make them aware of any potential problems or opportunities to improve the controls in their areas.


Job Specifications and Qualifications:

**Requirements:**

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  • Bachelors Degree in Accounting, procurement or CPA Intermediate
  • 3 years experience in a similar role, preferably in a hotel environment.
  • Sound knowledge in accounting software
  • Ms Excel Proficiency


Key Competencies:

**Essential Skills:**

">
  • Outstanding communication skills
  • Customer-oriented approach
  • Strong analytical skills and attention to detail.
  • Strong Collaboration Skills
  • Knowledge of Food Safety.
  • Knowledge of cost control principles and practices.
  • Adaptability and Flexibility skills

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