Cost Controller

4 days ago

Nicosia, Nicosia, Cyprus The Landmark Nicosia Full time €25,000 - €70,000 per year

Responsible for overall hotel cost accounting, reporting, and relevant record-keeping in accordance with the company's policies, procedures, and statutory requirements.

Key Responsibilities

  • Responsible for the overall cost accounting and reporting of the hotel, ensuring alignment with company policies, procedures, and statutory requirements.
  • Maintains detailed and accurate cost records and ensures regular updates of master cost files and recipes.
  • Updates and circulates purchase price comparisons, cost reports, and sales statistics while highlighting any significant cost variances or supplier non-compliance.
  • Performs daily random audits on receiving reports and purchase orders to investigate price and quantity discrepancies, reporting any unresolved issues immediately to the Assistant Financial Controller.
  • Performs monthly cost centre reviews, highlighting departments exceeding budget and recommending purchasing or operational changes to control spending.
  • Oversees and coordinates monthly and ad-hoc inventory counts for food, beverage, operating equipment, and general stores, ensuring inventory is accurately reconciled and properly recorded.
  • Inputs all food, beverage, and non-food product receipts into the inventory and recipe database, ensuring accuracy and completeness.

Qualifications & Experience

  • Bachelor's Degree or Diploma in Accounting, Finance, or a related field.
  • LCCI certification or an equivalent professional accounting qualification is preferred.
  • Minimum of 2 years' experience in a similar accounting role, preferably within the hospitality industry.
  • Excellent command of the English language, both written and spoken.
  • Outstanding analytical, organizational, and communication skills.
  • Proficiency in Microsoft Office applications, particularly Excel, Word, and Outlook.
  • Strong financial and commercial acumen.
  • High level of integrity, confidentiality, and trustworthiness.

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