Cost Controller

4 days ago

Kabupaten Badung, Bali, Indonesia PT BDC Hospitality Indonesia Full time $30,000 - $60,000 per year

Job Overview: We are seeking a highly skilled and motivated Cost Controller to join our hospitality company in Bali. The Cost Controller will play a pivotal role in monitoring and managing costs, financial performance, and optimizing profitability while maintaining the high standards of our hospitality services.

Responsibilities:

  • Financial Analysis and Reporting:
  • Monitor and analyze financial data for the company, including revenue, costs, and budgets.
  • Prepare regular financial reports, budget forecasts, and variance analyses to assess performance.
  • Identify cost-saving opportunities and make data-driven recommendations to improve profitability.
  • Cost Management:
  • Monitor and control costs related to restaurant operations, including food and beverage, maintenance, and other operational expenses.
  • Work closely with department heads to ensure adherence to budgeted costs.
  • Implement cost reduction strategies without compromising service quality.
  • Inventory Management:
  • Oversee inventory tracking, ordering, and stocking for various departments.
  • Conduct regular inventory audits to ensure accuracy and minimize discrepancies.
  • Optimize inventory turnover rates and minimize carrying costs.
  • Vendor Management:
  • Negotiate with suppliers to secure competitive pricing and favorable terms.
  • Maintain relationships with key vendors and evaluate the quality and cost-effectiveness of supplies.
  • Ensure timely and accurate invoicing and payment processing.
  • Menu and Procurement Analysis (if applicable):
  • Collaborate with chefs and culinary teams to assess the profitability of menu items.
  • Recommend adjustments to menu offerings based on cost and popularity.
  • Monitor portion control, recipe standardization, and procurement procedures for F&B outlets.
  • Compliance and Procedures:
  • Ensure compliance with accounting standards, tax regulations, and internal financial procedures.
  • Develop and enforce cost control policies and procedures throughout the company.
  • Training and Support:
  • Train staff on cost control best practices, including procurement and waste reduction.
  • Provide guidance and support to department heads and staff regarding financial matters.

Qualifications:

  • Bachelor's degree in Finance, Accounting, Business, or a related field. A relevant certification (e.g., CMA or CPA) is a plus.
  • Proven experience in cost control, financial analysis, or related roles in the hospitality industry.
  • Strong financial and analytical skills with the ability to interpret data and draw actionable conclusions.
  • Knowledge of hospitality operations, including hotel and restaurant cost management.
  • Proficiency in financial software and MS Excel for data analysis.
  • Excellent communication and interpersonal skills for collaborating with various departments and teams.
  • Attention to detail and the ability to maintain a high level of accuracy in financial records.
  • Strong organizational and multitasking abilities to manage costs effectively in a dynamic hospitality environment.

Job Type: Full-time

Education:

  • S1 (Preferred)

Experience:

  • Cost Controller: 3 years (Preferred)

Language:

  • English (Required)

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