Budgeting and Cost Management Expert

4 days ago


Cebu City, Central Visayas, Philippines Duros Hotels Inc. Full time
Key Job Duties

The successful candidate will be responsible for performing various critical tasks as a Cost Accountant at Duros Hotels Inc.

Primary Responsibilities
  1. Cost Monitoring and Analysis
    • Continuously monitor and analyze operational costs, including food and beverage, housekeeping, and maintenance expenses.
    • Develop and maintain accurate cost records.
  2. Budget Development and Review
    • Assist in creating and reviewing comprehensive annual budgets and financial forecasts.
    • Identify and address any discrepancies between actual costs and budgeted amounts.
  3. Inventory Management and Procurement Oversight
    • Supervise inventory control procedures to ensure accurate stock valuation.
    • Regularly conduct inventory audits to verify accuracy.
    • Monitor and report procurement costs.
  4. Regulatory Compliance and Governance
    • Evaluate adherence to financial policies, accounting standards, and relevant regulations.
    • Develop and implement effective cost-saving measures to minimize waste and improve efficiency.
  5. Team Collaboration and Communication
    • Work closely with department heads to provide expert financial guidance.
    • Present findings and recommendations to management in a clear and concise manner.

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