Develop and implement cost
control systems and procedures to monitor expenses and identify areas for
improvement.
Analyze financial data, prepare
detailed cost reports, and provide insights to management for decision-making
Conduct regular inventory
counts and reconciliations to maintain accurate stock levels
Monitor report on budget
variances, recommending corrective action when necessary.
Collaborates with department
head to develop and manage departmental budgets.
Ensure compliance with company
policies, accounting standards, and local regulations.
Prepare and review monthly,
quarterly, and annual financial statements.
Assist in the development and
implementation of cost saving initiatives.
Maintain accurate and up-to
-date financial records and documentation.
Participate in forecasting and
long term financial planning processes.
Conduct cost benefit analyses
for proposed projects or investments.
Provide training and guidance
to staff on cost control procedures and best practices
Prepare the cost for recipes
and menus prepared by the executive chef and suggest the selling price.
Perform test checking on the
receiving of goods at the hotel to ensure that the procedures are followed
correctly.
Prepare daily flash report for
food costs and verify daily outlet void control sheets
Randomly test the inventory of
outlets by reconciling the opening stock with the closing stock, taking account
of store issues and sales.
Verify and control
complimentary bar order forms, clubs’ food & beverage cost, fruit basket in
the rooms. Etc.