Cost Controller

Ajman, United Arab Emirates

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Prepare and analyze hotel costs on a monthly basis and recommend alternatives to improve costs.
Assist in the monthly inventories count.
Establish and maintain a database for the hotel's inventory stock including up-to-date pricing.
Ensure proper storage and issuance of all items.
Establish and maintain a cost allocation transfer system for the hotel.
To assist with the monthly Forecast preparation.
To monitor the completion and distribution of daily in-house reports (F&B, Rooms segmentation, Flash, and Labour).
To reconcile and monitor all balance sheet accounts according to the policy.
To assist with the preparation of the hotels Budget.
To be responsible for month-end deadlines and schedules.
To be responsible for the training, development, and motivation of accounting staff.
To administer rental and tenant contracts.
To monitor front office rebates. To prepare daily operational package that is routed to GM and Director of Finance & Business Support.
To cross train accounting staff in order to cover the General Cashier and Income Auditor positions.
To compile month-end statistical information for financial statements.
To prepare month-end journal entries, according to the policy and using standard templates.
To assist in conducting and completing all standard reconciliation templates according to company policy.
To assist the General Cashier in performing surprise float counts.
To assist in General Cash and Income Audit Functions, as required.
Other duties as assigned

Qualifications

Accounting designation or enrollment in a recognized Accounting Program.
Previous hotel accounting experience (Minimum 3 years preferred).
Excellent written and verbal skills.
Ability to motivate employees and proven leadership skills.
Familiarity with Financials System, Lanmark, Fidelio, Reporting System, Micros POS and Excel
Must be willing to work a flexible schedule in order to accomplish all major responsibilities and tasks.
Must be willing to accept assignments on as need basis, in order to promote teamwork.
Must have a commitment to follow all local and corporate policies and procedures as they relate to the position.
Must be self-motivated and possess a high degree of analytical ability and confidentiality, and work in a safe, prudent and organized matter.

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