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Cost Controller Job. Lavington Hotel

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Cost Controller Jobs, Accounting Jobs, Lavington Hotel Jobs

Scope

The incumbent will monitor OPEC, the F&B costs and inventory in all F&B outlets in accordance with the hotels policies, procedures, and standards laid out by Management to ensure maximum internal and external customer
satisfaction.

Responsibilities

  • Evaluate & compare suppliers’ products & services, maintaining accurate records of purchases and pricing
  • Regularly inspect & test supplier products
  • Communicate company needs to suppliers & maintain good relationships with them
  • Negotiate contracts with suppliers. Ensure the company has all relevant information regarding all suppliers.
  • Liaise with Marketing & Operations to understand upcoming promotions, accurately forecast upcoming levels of demand & monitor to ensure no stock outs.
  • Ensure purchases are within the working capital budget
  • Maintaining acceptable and accurate inventory levels in the warehouse and ensure we keep accurate utilisation rates
  • Maintain product costs & master data on the products held & required by the company.
  • On a monthly basis, review and analyze inventory and margin / transfer price reports and forward to Finance Manager for further action.
  • Co-ordinate monthly & cycle physical inventory counts for the commissary
  • Investigate physical count variances and resolve issues
  • Ensure all damaged, obsolete & expired inventory held in the warehouse is reported to management in a timely manner.
  • Monitor the duration & usage of inventory, ensuring par levels are always kept.
  • Ensure accurate & timely inventory reports are prepared & shared with the management.
  • Establish and implement inventory policies and procedures
  • Ensure proper documentation maintained for transfer orders to stores
  • Ensure recipes & assemblies are accurately maintained in Accounting system
  • Support and participate in end of year audit
  • Empowered to take decisions regarding upholding quality standards of products.
  • Work with the management team to champion performance improvement via identifying and executing appropriate initiatives and proposals
  • Set the ideal safety stock and re-order levels and sign off Local Purchase Orders
  • Responsible for Management and implementation of store & stock control systems

Qualifications

  • Bachelor’s degree in Business administration, Finance or related fields
  • Professional certification – Procurement, CPA or ACCA.
  • Minimum 2 years’ experience in a similar role
  • Having worked in Hotel, Restaurant or Food industry will be an added advantage
  • Outstanding organizational and coordination abilities
  • Excellent communication and interpersonal skills
  • Decision making &Collaborative skills
  • Should have strong negotiation, managerial and communications skills.

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