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Hyatt
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Cost Controller

Cost Controller

Hyatt

1 - 5 years

0 Lacs

karnataka

Posted:3 days ago| Platform: Shine logo

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Skills Required

accounting auditing materials management equipment quotations purchasing stock reconciliation finance accounting control division cost figures data input commissary kitchen food beverage outlets internal control procedures purchase requests general manager director of finance new technology scala system par levels formal negotiations receiving department invoices stock take food beverage cost report monthend cost audit report

Work Mode

On-site

Job Type

Full Time

Job Description

The job involves providing summary reports of costs required by the Accounting and Control division to prepare daily and monthly reports. You will be responsible for providing cost figures to Heads of Departments for them to operate their individual profit centres profitably. Accuracy of data input by operation level personnel is crucial, and you will be auditing back-of-house functions such as materials management and the commissary kitchen. Additionally, auditing the day-to-day operation of all food and beverage outlets is part of the role. You should be fully conversant with the operation of the Materials Department, including receiving, purchasing, issuing, storing, and the commissary kitchen. Familiarity with internal control procedures is essential. Approval of purchase requests, except for inventory items, by the General Manager and Director of Finance is required. Embracing new technology and equipment to improve productivity while following set procedures is important. Obtaining three quotations for all purchases, understanding the SCALA system, monitoring purchasing for accurate quotations, and establishing and maintaining par levels are key responsibilities. Participating in negotiations for annual or large contracts involving inventory items is also part of the role. Ensuring proper handling of goods delivered by suppliers, checking scales, and preventing goods from being left unattended are part of daily tasks. Additionally, ensuring proper documentation, quality checks, and adherence to policies and procedures for all received goods are essential. Monitoring liquor bottle control labels, conducting monthly stock takes, preparing cost reports, and reconciling stockrooms are also required duties. The ideal candidate should have a certificate or qualification in Finance and/or Accounting, along with 1-3 years of work experience in F&B Cost Controlling in a hotel, large organization, or accounting firm. Note: Please refer to the provided job description for more detailed information on the responsibilities and requirements of the role.,

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Cost Controller