Job Description

•Job Summary: •
The Cost Assistant plays a crucial role in managing hotel inventory, cost control, and financial reporting. This position assists the Cost Controller in ensuring accurate financial practices and efficient inventory management to maximize profitability.Responsibilities:

• Assist the Cost Controller in managing hotel receiving processes, including verifying deliveries and invoice postings.
• Supervise the Head Store Man and oversee daily operations in the storeroom.
• Prepare and distribute a daily Flash Cost report to inform relevant departments of current cost performance.
• Conduct monthly inventory counts for stock in the stores and outlets, ensuring accurate records.
• Analyze cost and profit margins and communicate findings to the appropriate division heads.
• Prepare monthly cost reports by outlet, highlighting trends and areas for improvement.
• Assist in preparing the overall hotel costing, ensuring compliance with financial guidelines.
• Notify the Supervisor of any operational issues, discrepancies, or guest complaints as they arise.
• Collaborate with other departments to streamline inventory processes and enhance efficiency.
• Participate in training sessions to stay updated on industry trends and cost control strategies.
• Assist in implementing cost-saving initiatives and practices across the hotel.

•Requirements: •

• High school diploma or equivalent; a degree in finance, hospitality management, or a related field is preferred.
• Proven experience in cost control, inventory management, or a related financial role, preferably within the hospitality industry.
• Strong analytical skills and attention to detail, with the ability to interpret financial data effectively.
• Proficient in the use of inventory management systems and Microsoft Office Suite (especially Excel).
• Excellent organizational and time management skills to handle multiple tasks effectively.
• Strong communication skills, both written and verbal, to interact with team members and management.
• Ability to work independently and as part of a team, demonstrating flexibility and problem-solving abilities.
• Understanding of basic accounting principles and practices.
• Availability to work flexible hours, including weekends and holidays, as required.
• Commitment to maintaining confidentiality regarding financial and operational information.

Job Types: Full-time, Permanent