Cost Controller

Job Description

Title: Cost Controller

Company Name: Hotel Grand Park Barishal

Vacancy: 02

Age: 28 to 40 years

Location: Barishal

Minimum Salary: Negotiable

Experience:
∎ 2 to 5 years
∎ The applicants should have experience in the following business area(s):Manufacturing (FMCG), Hotel

Published: 27 Oct 2024

Education:
∎ Bachelor of Commerce (BCom) in Accounting, Master of Commerce (MCom) in Accounting

Requirements:

Additional Requirements:
∎ Age 28 to 40 years
∎ CA (CC)
∎ CA (CC)

Responsibilities & Context:
∎ Monitor all hotel expenses and identify cost-saving opportunities. Analyze variances between actual and budgeted costs to ensure operational efficiency.
∎ Conduct profitability analysis for food and beverage, rooms, and another hotel.
∎ Assist in preparing annual budgets and monthly forecasts. Work closely with department heads to ensure spending aligns with budget targets.
∎ Ensure accurate stock management for kitchen, Restaurant, Swimming Pool, housekeeping, and maintenance departments.
∎ Monitor purchase orders and control par levels to avoid overstocking or wastage.
∎ Ensure all cost control procedures comply with hotel policies and local regulations.
∎ Maintain accurate records of inventory transactions, including receipts, issues, and returns.
∎ Follow proper storage practices to maintain hygiene and prevent spoilage (e.g., FIFO method).
∎ Update stock levels in the inventory management system or ERP regularly.
∎ Prepare for internal and external audits related to inventory and procurement.
∎ Review vendor contracts and negotiate better pricing and terms when applicable.
∎ Ensure timely payments and reconcile accounts with suppliers.
∎ Maintain and update cost data within the ERP system.
∎ Generate financials and operational reports through ERP to support management decisions.
∎ Prepare monthly, quarterly, and annual financial statements (P&L, balance sheet, and cash flow).
∎ Ensure compliance with local tax & VAT regulations and other statutory payments.
∎ Monitor all hotel expenses and identify cost-saving opportunities. Analyze variances between actual and budgeted costs to ensure operational efficiency.
∎ Conduct profitability analysis for food and beverage, rooms, and another hotel.
∎ Assist in preparing annual budgets and monthly forecasts. Work closely with department heads to ensure spending aligns with budget targets.
∎ Ensure accurate stock management for kitchen, Restaurant, Swimming Pool, housekeeping, and maintenance departments.
∎ Monitor purchase orders and control par levels to avoid overstocking or wastage.
∎ Ensure all cost control procedures comply with hotel policies and local regulations.
∎ Maintain accurate records of inventory transactions, including receipts, issues, and returns.
∎ Follow proper storage practices to maintain hygiene and prevent spoilage (e.g., FIFO method).
∎ Update stock levels in the inventory management system or ERP regularly.
∎ Prepare for internal and external audits related to inventory and procurement.
∎ Review vendor contracts and negotiate better pricing and terms when applicable.
∎ Ensure timely payments and reconcile accounts with suppliers.
∎ Maintain and update cost data within the ERP system.
∎ Generate financials and operational reports through ERP to support management decisions.
∎ Prepare monthly, quarterly, and annual financial statements (P&L, balance sheet, and cash flow).
∎ Ensure compliance with local tax & VAT regulations and other statutory payments.

Skills & Expertise:

Compensation & Other Benefits:
∎ Mobile bill, Tour allowance
∎ Lunch Facilities: Full Subsidize
∎ Salary Review: Yearly
∎ Festival Bonus: 2

Workplace:
∎ Work at office

Employment Status: Full Time

Job Location: Barishal

Company Information:
∎ Hotel Grand Park Barishal

Read Before Apply: Please apply only who are fulfilling all the requirements of this job

Application Deadline: 10 Nov 2024

Category: Accounting/Finance

Interested By University

University Percentage (%)
National University 21.33%
University of Dhaka 4.43%
Jagannath University 2.22%
Patuakhali Science and Technology University 1.39%
University of Rajshahi 1.39%
Govt. Titumir College 1.11%
Govt.B.M College 1.11%
Bangladesh University of Business and Technology 1.11%
Rajshahi University 1.11%
University Of Global Village 0.83%

Interested By Age Range

Age Range Percentage (%)
20-30 39.34%
31-35 27.70%
36-40 18.01%
40+ 14.40%

Interested By Salary Range

Salary Range Percentage (%)
0-20K 13.57%
20K-30K 28.25%
30K-40K 18.28%
40K-50K 13.85%
50K+ 26.04%

Interested By Experience Range

Experience Range Percentage (%)
0 years (Freshers) 9.14%
0.1 - 1 years 5.26%
1.1 - 3 years 18.01%
3.1 - 5 years 14.96%
5+ years 52.63%

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