Cost Control
5 days ago
We are thrilled to announce an incredible opportunity to be a part of FINNS World's Best Beach Club. We are on the lookout for a vibrant and dynamic **Cost Control**that will be responsible for monitoring and managing overall financial costs across all operations of FINNS Bali, ensuring that resources are used efficiently, and identifying areas for cost savings.
**Responsibilities**:
- Track and analyze all operational costs, including labor, materials, overheads, and other expenses, to ensure they align with FINNS Bali’s budget and financial goals.
- Assist in the preparation and management of annual budgets for all departments within FINNS Bali. Provide ongoing financial forecasting and reporting to ensure the business stays within budgetary constraints.
- Conduct regular financial analyses to assess cost efficiency, profitability, and potential savings. Identify and recommend corrective actions when costs exceed forecasts.
- Monitor departmental expenditures and identify areas of potential cost reduction. Work closely with department heads to implement cost-saving strategies without compromising quality or service.
- Ensure proper allocation of costs across various departments in alignment with company financial objectives.
- Prepare regular reports for senior management, highlighting areas of concern or opportunities for cost optimization. Provide insights into the financial health of the organization.
- Evaluate and negotiate contracts with suppliers and vendors to ensure the most cost-effective solutions are in place.
- Maintain and enhance internal financial controls to prevent waste and ensure that expenditures are properly documented and justified.
- Assist in managing the company’s cash flow by closely monitoring costs and revenue, helping to optimize liquidity and operational efficiency.
- Support in the preparation for internal and external audits, providing detailed documentation on cost control activities and financial performance.
- Continuously review and recommend improvements to cost control processes to drive operational efficiency and support business growth.
**Qualifications**
- Experience in cost control, financial analysis, or accounting, preferably in the hospitality, service, or entertainment sectors.
- Strong understanding of budgeting, financial forecasting, and cost control practices.
- Experience with financial reporting, variance analysis, and cost optimization strategies.
- Strong analytical skills and attention to detail.
- Excellent communication and interpersonal skills, with the ability to collaborate across different departments.
- Knowledge of local financial regulations and business practices is a plus.
- Detail-oriented with the ability to handle complex financial data.
- Proactive and results-driven with a focus on achieving financial efficiency.
- Ability to work independently and as part of a team.
- Strong organizational and time management skills with the ability to meet deadlines.
- Positive, solution-oriented attitude with strong problem-solving abilities.
- Ability to adapt to changing business needs and priorities.
**Experience**:
- Cost Control: 1 year (preferred)
**Language**:
- English (preferred)
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