Cost Controller Job Job Details | O&L

PURPOSE OF THE POSITION:

To optimize the financial performance by meticulously managing costs associated with food and beverage, consumables, and other operational areas. Conduct detailed analysis and implementing efficient procedures that contribute to the profitability and financial sustainability.

QUALIFICATIONS & EXPERIENCE :

• Bachelor Degree in Accounting and finance
• Minimum 5 years experience in cost controlling for Food & Beverage
• Experience within the hospitality Industry will be an added advantage
• Excellent understanding of cost of sales and value chain analysis
• Excellent understanding of stock management
• Excellent understanding of the value chain process
• Excellent knowledge of Materials Control/Procurement process
• Computer literate (MS Office)

KEY ACCOUNTABILITIES :

• Ensure the Master Costing (MC) database is consistently updated with the latest information, including ingredient costs, supplier data, and menu prices.
• Utilize Materials Control to help determine production price, price to consumer and cost of sales. Utilize the Materials Control system to analyse guest behavior, spending patterns, and other relevant revenue and cost drivers.
• Review food and beverage costing lists, rooms, and spa costings, communicate regularly to the relevant departments and ensure implementation of findings.
• Develop and regularly update policies and procedures for receiving, storage, and issuing of stock, emphasizing accuracy and compliance.
• Organize and categorize stocks within the appropriate storage areas, ensuring orderly storage practices are followed.
• Ensure that monthly stock counts are conducted accurately in the main stores and outlets following standard operating procedures to provide reliable inventory data for financial reporting and analysis.
• Produce accurate monthly usage (cost of sales) figures for analysis and financial reporting by the Financial Controller.
• Assist with the preparation of internal & external audits and provide all necessary documentation and information during the external audit process, ensuring the accuracy and completeness of all documents, VAT Calculations and attend to any audit queries.
• Conduct a daily Food and Beverage revenue and stock usage analysis through Materials Control to identify areas where cost efficiencies can be optimized throughout the entire supply chain.
• Continuously monitor operational costs, profitability, and financial performance, taking measures to improve efficiency and manage business risks effectively.
• Comply with all financial and accounting standards, as well as any relevant regulations or industry-specific guidelines.

COMPETENCIES REQUIRED:

• Lives the O&L Values
• Leads Growth
• Takes Bold Stands
• Causes Alignment
• Being Authentic
• Inspires Innovation
• Deliver Extraordinary

CLOSING DATE: 21 OCTOBER 2024

O&L - a Great Place to Work.

Applicants meeting our requirements are invited to apply. O&L Group of Companies is an Equal Opportunity Employer.

"This position is subject to a pre-employment screening and vetting process, and by applying for this position, applicants acknowledge that they are aware that the Company reserves the right to carry out screening and pre-employment vetting for all shortlisted applicants. Certificate of Conduct issued by the Namibian Police (not older than 6 months) may be required from all shortlisted applicants."

Requisition ID: 4378