Cost Control Associate

4 weeks ago


Makati City, National Capital Region, Philippines HSH Group The Peninsula Hong Kong Full time

We are looking for a passionate individual who will provide reports on all variable expenses including but not limited to food, beverage, operating supplies, and operating equipment together with informative operational data to ensure that timely corrective measures are taken.

Key Accountabilities:

  1. Implement the cost control function and use effectively the software provided to allow a clear review and reporting of all operational costs vs. approved forecasts and budgets.
  2. Perform recipe costing and analysis, menu analysis, daily food and beverage cost monitoring reports, monthly inventories with preparation of Journal Vouchers and system reporting.
  3. Assist in physical count and disposal of hotel assets, conducting spot-checks of all types of stocks in Operations including but not limited to kitchens, buffets and outlets to prevent pilferage and overstocking, portion test, buffet test, consumption test, kitchen/bar tests, garbage test, cocktail test, market survey, yield and butcher tests, bar control procedures with Minibar control, laundry stocks review, guest supplies control, etc.
  4. Generate accurate daily, weekly and monthly reporting for Cost Control Management purposes.
  5. Assist in preparing all month-end reporting and analysis. Review the results with the Director of Finance, the Assistant Director of Finance and the Director of Procurement, investigating variances and discrepancies to Budget/Forecast.

General Requirements:

  1. Graduate of Bachelor of Science in Business Administration or BS Accountancy or similar.
  2. Should have at least 2-3 years experience in the same capacity.
  3. Above average knowledge of a hotel's revenue process and documentation requirements.
  4. Knowledgeable in Opera, Infrasys and Sun systems and Microsoft applications.
  5. Good oral and written communication skills.
  6. Excellent Supervisory and interpersonal skills.
  7. Responsible, hardworking, with good analytical ability, organized, motivated and a team player.
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