
Cost Management Specialist
6 days ago
Company Overview
">Emerge Egress Consulting is a renowned HR management and training consulting firm established in 2017. Our primary focus lies in Recruitment, Business & Marketing Strategy, and Training Programs for various sectors.
">We partner with clients across diverse industries to cater to their specific needs.
">">
Job Description
">As a key member of our team, you will be responsible for monitoring and analyzing cost control accounts, preparing reports for senior management, and investigating discrepancies or variances.
">Additionally, you will collaborate with department heads to understand and control costs within their respective areas, conduct regular inventory audits and reconciliations, maintain accurate records of inventory levels and transactions, and monitor purchasing activities to ensure adherence to policies and procedures.
">Furthermore, you will assist in preparing forecasts and budgets related to costs and expenses, provide support during internal and external audits, develop and implement cost-saving initiatives and procedures, and establish sound food and beverage cost control systems and procedures.
">You will also be responsible for preparing the costing for recipes and menus prepared by the Executive Chef, suggesting selling prices, and providing costing, control, and administration support to the F&B Department.
">Other key responsibilities include randomly testing the inventory of outlets by reconciling opening stock with closing stock, taking account of store issues and sales', establishing and maintaining local policies for the receipt issuance and general controls of all hotel inventories, consumables, and supplies, and ensuring proper storage and issuance of hotel items, especially food and beverages.
">Required Skills and Qualifications
">To succeed in this role, you will require a Bachelor's Degree in Accounting, Procurement, or CPA Intermediate, along with three years of experience in a similar role, preferably in a hotel environment.
">Strong knowledge of accounting software and proficiency in Ms Excel are essential, as well as excellent communication skills, a customer-oriented approach, strong analytical skills, and adaptability and flexibility.
">Knowledge of food safety and cost control principles and practices is highly desirable.
">
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