Cost Controller

Job Title: Cost Controller Manager (Cluster)

I. Job Purpose:

• Cost management monitoring and controlling updates and changes to costs budget and the cost baseline of the project. Monitoring and controlling costs by project expenditure of project funds and the work performed as a result of those expenditures.
• Major aspect of cost monitoring and controlling is to determine the relationship between the expenditures and the accomplishments.
• The cost performance compare with business results.

II. Duties & Responsibilities:

• Supervise cost control receiving and stores team for all locations.
• Checked the posting of all the items received for operation with supplier contracts on a daily basis.
• Checked on variances such as quantity ordered and quantity received unit price etc.
• Checked postings of all transfers issues and store requisition forms for appropriate authorizations.
• Investigated the reason for spoilage issue form and made the necessary adjustments in the system.
• Prepared Inventory adjustment authorization forms for the Financial Manager's approval.
• Perform butcher test to calculate the yield percentage for all meat and seafood items as and when introduced in the menu.
• Perform month-end F&B inventory and spot checks on direct purchases.
• Check on portion control on prepared food butchery and grill items.
• Approved food & beverage requisition by Axapta.
• Checked the monthly purchase requisition for all the store room items raised by store keepers for its quantity on hand last price paid and quantity to order.
• Do the Supplier Audit on a monthly basis to make sure that supplier deliver amount matches as per contract and market.
• Verify the entire purchased invoice with LPO and forwarded to Accounts payable for payment.
• Data entry in the system and article creation to purchasing order.

III. Experience Education & Competencies:

Minimum Education: Post graduate specialized in cost management.

Work experience required: 10 years in Hospitality & Catering.

Competencies: Finance / Accounting & Procurement functions & Operations.

Certificates & Licenses: Finance & Accounting.

V. Interrelationships (Communications & Working Relationships):

• Managerial Skills with strong Communication.

VI. Framework Boundaries & Decision Making Authority:

• Decision making within responsibilities.

VII. Work Environment and Physical Demands:

• Team players.