Cost Control Supervisor

Cost Control Supervisor

Department: Finance & Procurement

Employment Type: Permanent - Full Time

Location: Lebanon - Beirut

Description The overall scope of this role is to audit and analyse the hotel operational activities and provide accurate reports and recommendations.

Key Responsibilities The job of Cost Control Supervisor is executed satisfactorily when:

• Prepare the costing 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 of 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, Club Lounge Food & Beverage cost, fruit baskets in the rooms, etc. 
• Accounting for daily inter-outlet transfer requests for proper cost allocation while maintaining accurate inventory reconciliation. 
• Perform beverage outlet spot checks on random basis. 
• Conduct spot checks on receiving items, verifying invoice quantities and weights against actual quantities and quality received. 
• Analyzes and costs work orders following company's costing system.
• Prepares the monthly cost of sales figures by analyzing material, labor, and expenses.
• Responsible for performing any additional duties assigned by Management and assisting in other areas of Accounting as needed.
• Assists the accounting manager in preparing monthly journal entries.
• Maintains inventory system and follows established valuation method
• Assists in the quarterly and year-end physical process.
• Reviews and audits the costing system.
• Analyzes variances from cost estimates.
• Prepares report for accounting manager and recommends changes.
• Analyze financial information and prepare financial reports to determine or maintain record of assets, liabilities, profit and loss or other financial activities within an organization.
• Accumulate and analysis of cost information for internal use to aid management in planning, controls, and decision making. Prepare, examine, and analyze accounting records, financial statements, and other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards.
• Analyze business operations, trends, costs, revenues, financial commitments, and obligations, to project future revenues and expenses or to provide advice. Report to management regarding the finances of establishment.

Additional responsibilities and tasks can be added at any time according to the needs of the business and of the hotel. 

Skills, Knowledge and Expertise
Education:

• High School/College education or equivalent experience

Experience:

• Minimum 2 years in hotel cost control section

Language:

• Local language – excellent oral and written skills
• English – excellent oral and written skills
• Additional language - beneficial

Competencies:

• Ability to handle high volume with attention to detail
• Excellent written and verbal communication skills
• An ability to establish and retain effective working relationships with hotel staff and clients/vendors
• Strong organizational and time management skills
• Applies a professional, confidential and ethical approach at all times
• Works in a safe, prudent and organized manner

Technical Competencies:

• Ability to operate computer and office equipment
• Proficiency in Excel and Word
• Experience in respective accounting software is a plus
• Knowledge of the generally accepted accounting principles and local regulations

To fill this position the candidate must identify with the Kempinski core values, in addition they should be especially:

• People Oriented
• Passionate for European luxury
• Entrepreneurial
• Straightforward
• Analytical thinker
• Flexible and reliable
• Tolerant and open minded
• Works well under pressure

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