Cost Control Executive (Local Candidates Only)
SCOPE
The overall scope of this role is to audit and analyse the hotel operational activities and provide accurate reports and recommendations.
OVERALL OBJECTIVES
To safeguard the financial integrity and stability of the hotel and minimize any exposure to potential risks. To effectively audit, analyze and interpret all aspects of material handling within the hotel. Summarize and report findings and improvement suggestions on deficiencies. Provide the departments with the information needed to efficiently run their operation.
The job of Cost Control Executive is executed satisfactorily when:
- F&B POS system is up date with current pricing.
- F&B recipe costing is up date in procurement system.
- Accuracy in preparation of daily & monthly food and beverage cost reports.
- Random spot checks are performed and documented.
- Stocks in outlets are on par with demand period.
MAIN RESPONSIBILITIES
- Responsible for performing spot checks of the receiving of goods and verifying accuracy of deliveries.
- Responsible for performing spot checks in the culinary area and verifying yielding and wastage.
- Responsible for verifying that food & beverage recipes are accurate and have updated cost and sale prices in POS & procurement system, as well as compliance during preparation.
- Responsible for randomly auditing the market list and use of seasonal items.
- Responsible for performing audits to ensure that inventory movements are recorded correctly.
- Organize and complete stock take and month-end closing procedures, including preparing journals and cost boards.
- Responsible for documenting and filing all findings and recommendation.
- Responsible for performing random inventories and verifying accuracy versus the perpetual inventory as well as that the stock levels are on par with current needs.
- Responsible for creating and distributing daily and monthly cost reports.
- Responsible for performing any additional duties assigned by Management and assisting in other areas of Accounting as needed.
- Responsible for communicating with supervisor on any discrepancies in invoices or other potential problems.
Additional responsibilities and tasks can be added at any time according to the needs of the business and of the hotel.
Key Responsibilities
SCOPE
The overall scope of this role is to audit and analyse the hotel operational activities and provide accurate reports and recommendations.
OVERALL OBJECTIVES
To safeguard the financial integrity and stability of the hotel and minimize any exposure to potential risks. To effectively audit, analyze and interpret all aspects of material handling within the hotel. Summarize and report findings and improvement suggestions on deficiencies. Provide the departments with the information needed to efficiently run their operation.
The job of Cost Control Executive is executed satisfactorily when:
- F&B POS system is up date with current pricing.
- F&B recipe costing is up date in procurement system.
- Accuracy in preparation of daily & monthly food and beverage cost reports.
- Random spot checks are performed and documented.
- Stocks in outlets are on par with demand period.
MAIN RESPONSIBILITIES
- Responsible for performing spot checks of the receiving of goods and verifying accuracy of deliveries.
- Responsible for performing spot checks in the culinary area and verifying yielding and wastage.
- Responsible for verifying that food & beverage recipes are accurate and have updated cost and sale prices in POS & procurement system, as well as compliance during preparation.
- Responsible for randomly auditing the market list and use of seasonal items.
- Responsible for performing audits to ensure that inventory movements are recorded correctly.
- Organize and complete stock take and month-end closing procedures, including preparing journals and cost boards.
- Responsible for documenting and filing all findings and recommendation.
- Responsible for performing random inventories and verifying accuracy versus the perpetual inventory as well as that the stock levels are on par with current needs.
- Responsible for creating and distributing daily and monthly cost reports.
- Responsible for performing any additional duties assigned by Management and assisting in other areas of Accounting as needed.
- Responsible for communicating with supervisor on any discrepancies in invoices or other potential problems.
Additional responsibilities and tasks can be added at any time according to the needs of the business and of the hotel.
Skills, Knowledge and Expertise
REQUIREMENTS
- Finance trained with at least 2 years of relevant finance experience in cost control, preferably in the hotel industry.
- Organized, analytical, resourceful, meticulous and confident
- Able to multi-task and work independently in a dynamic environment with good problem solving and decision-making skills.
- Good interpersonal and communication skills
- Experience in cost control with audit background is advantageous.
About The Capitol Kempinski Hotel Singapore
Located in Singapore’s Civic and Cultural District is the architectural gem, once known as Capitol Building and Stamford House, about which many locals fondly reminisce. Today, after years of meticulous restoration by acclaimed architects and updated with refreshing modern touches by famed interior designers, its glories are now unveiled as a luxury icon – The Capitol Kempinski Hotel Singapore. Much care was taken to restore the buildings' inherent Victorian beauty while infusing them with Kempinski’s signature bespoke hospitality. It is the Kempinski brand’s first hotel in the Lion City, and it promises to be an exquisite experience, where rich heritage meets the finest traditions of European luxury.
Today, The Capitol Kempinski Hotel Singapore has pride of place in the integrated lifestyle complex, Capitol Singapore, which also boasts exclusive residences, the restored Capitol Theatre and a lifestyle mall. The Singapore flagship is also the perfect base from which to explore the city. An underpass connects it to City Hall MRT station, and there is no shortage of entertainment, dining and lifestyle options in the vicinity. Iconic Singapore attractions, including the Singapore River, Marina Bay, Merlion Park, the Padang, the street circuit that hosts the Singapore Grand Prix, and the National Gallery Singapore, are also steps away.
With a range of opportunities across different functions, you can develop your career and let your unique talents shine. We take pride in our talented people and share responsibility for creating a working environment that is challenging, engaging and fun. We respect each other’s differences, find value in our distinctive cultures and experiences, and draw from these to create truly remarkable experiences for our guests.
Discover a career crafted by you!
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