Cost Efficiency Specialist
2 days ago
About Us
The Ned City of London Sales is a renowned hospitality company that operates at the highest level. We offer an exceptional work environment, exciting career growth opportunities, and a commitment to diversity, equity, and inclusion.
Role Overview
This is an exciting opportunity to join our team as a Cost Controller. You will be responsible for monitoring and managing daily, weekly, and monthly cost control for all departments, analyzing inventory levels, preparing and presenting monthly cost reports, and collaborating with the Finance Department.
Key Responsibilities
- Monitor and manage daily, weekly, and monthly cost control for all departments.
- Analyze inventory levels, ordering patterns, and waste to minimize costs and optimize profitability.
- Prepare and present monthly cost reports and variance analysis to senior management.
- Collaborate with the Finance Department to prepare and manage hotel budgets.
- Conduct regular stock audits to ensure proper inventory management and prevent loss or discrepancies.
- Implement effective cost control measures to ensure the hotel remains within budget.
Requirements
- 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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