Cost ControllerMarina Square Properties Inc.

Job Summary:
Cost Controller Accountant is responsible for ensuring Food & Beverage costs up to date while keeping a record of all Food and Beverage expenditure to ensure strict budget control. He/she will additionally be responsible for producing reports on a daily, weekly and monthly basis while actively participating in menu preparation in terms of pricing.
Essential duties and responsibilities - (Key activities)
Works independently and act as a team leader of Cost Control Section of Finance Department
Responsible for ensuring that all daily movements in stock are all accounted and encoded in Inventory System
Responsible in scheduling and overseeing inventory count every month-end and year-end reporting
Responsible in ensuring that all reconciling variances encountered in inventory record versus actual count will be resolved immediately in coordination with the concern departments. Proper justification must be taken from each department concerned when needed
Ensures proper costing of F&B menu offerings including in Events/Banquet sales. Make recommendations of best price offerings considering different scenarios in meeting targeted/budgeted food and beverage cost.
Review, analyze and checks variances in budgeted cost versus actual cost and identify reasons for the variance and make recommendations for improvements
Prepares and analyze food and beverage costs of each Food & Beverage profit centers
Prepares and analyze banquet analysis report and communicate to concern department results
Ensures all purchase invoices are posted in the subsidiary ledger and general ledger in the accounting system daily in coordination with receiving section and perform regular review of inventory cost per unit
Responsible for the preparation of company's itemized inventory list during quarterly and annual reporting
Responsible for ensuring reasonableness of costs incurred. Do spot checks in kitchen and bar operations
Responsible in updating/adding new product items in procurement system and ensuring proper tagging of profit centers
Oversee and coordinates system improvement/projects with concern departments in terms of food and beverage recipe
Responsible for ensuring internal policies and procedures in inventory management are properly implemented by all departments concerned and provide recommendation whenever necessary
Qualifications:
At least 5 years related work experience preferably in 5-star hotel
Working knowledge of Materials Control
Highly responsible and reliable
Ability to work cohesively as part of a team
Excellent communication and organizational skills
Strong interpersonal and problem solving abilities
Educational Requirements
BS Accountancy graduate preferably CPA
Desirable Skills
Financial reporting
Fraud risk assessment and management
System auditing