Hotel Financial Analyst
21 hours ago
Overview
The Ned City of London Sales is a leading hospitality company that offers an extraordinary experience for its guests. As a Cost Controller, you will play a key role in maintaining financial efficiency, controlling costs, and optimizing resources to deliver exceptional results.
Job Description
We are seeking a highly skilled Cost Controller to join our dynamic team. Key responsibilities include:
- Monitoring and managing daily, weekly, and monthly cost control for all departments, including Food & Beverage, Rooms, and other hotel operations.
- Analyzing inventory levels, ordering patterns, and waste to minimize costs and optimize profitability.
- Preparing and presenting monthly cost reports and variance analysis to senior management.
- Collaborating with the Finance Department to prepare and manage hotel budgets.
- Conducting regular stock audits to ensure proper inventory management and prevent loss or discrepancies.
- Implementing effective cost control measures to ensure the hotel remains within budget.
- Assisting in pricing strategies for food and beverage menus, as well as other hotel services.
- Liaising with department heads to ensure cost-effective purchasing, staffing, and resource allocation.
- Reviewing and approving purchase requisitions and supplier invoices in accordance with hotel policies.
- Conducting regular cost-saving initiatives without compromising quality or guest experience.
Requirements
To be successful in this role, you will need:
- A Bachelor's degree in Finance, Accounting, Hospitality Management, or a related field.
- Proven experience as a Cost Controller or similar role, preferably in a hotel or hospitality environment.
- Strong knowledge of cost accounting, inventory control, and budgeting processes.
- Experience with hotel management software and proficiency in Microsoft Excel.
- Excellent analytical and problem-solving skills with attention to detail.
- Strong communication and interpersonal skills, with the ability to work across departments.
- Ability to work under pressure and handle multiple tasks simultaneously.
- Knowledge of hospitality industry standards and best practices.
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