Cost Accountant
4 days ago
Duros Hotels Inc. is seeking a detail-oriented and analytical Cost Accountant to join our team. This role plays a vital part in monitoring, managing, and optimizing the company's financial performance by analyzing costs associated with hotel operations.
The Cost Accountant will collaborate with various departments to ensure accurate cost allocation, budgeting, and reporting. If you have a passion for numbers, a keen eye for detail, and experience in cost management, we encourage you to apply.
Key Responsibilities
- Cost Analysis and Reporting:
- Analyze and monitor operational costs, including food and beverage, housekeeping, maintenance, and other hotel-related expenses.
- Prepare detailed cost reports and recommend cost-saving strategies.
- Budgeting and Forecasting:
- Assist in developing annual budgets and financial forecasts.
- Compare actual costs with budgets to identify variances and provide actionable insights.
- Inventory and Expense Management:
- Oversee inventory control procedures and ensure proper valuation of stock.
- Conduct periodic inventory audits to verify accuracy.
- Monitor and report on procurement costs.
- Compliance and Controls:
- Ensure compliance with financial policies, accounting standards, and regulatory requirements.
- Implement cost control systems and procedures to minimize waste and inefficiency.
- Collaboration and Communication:
- Work closely with department heads to provide financial insights and support.
- Present findings and recommendations to management in a clear and concise manner.
Qualifications
- Bachelor's degree in Accounting, Finance, or a related field.
- Proven experience as a Cost Accountant or similar role, preferably in the hospitality industry.
- Proficiency in accounting software and Microsoft Excel.
- Strong analytical and problem-solving skills.
- Excellent attention to detail and organizational skills.
- Knowledge of Generally Accepted Accounting Principles (GAAP) and relevant regulations.
Preferred Skills
- Familiarity with hotel management software (e.g., Opera, Micros).
- Experience in managing budgets and forecasting for hospitality operations.
- Strong interpersonal and communication skills for working with cross-functional teams.
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