Cost Control Accountant
Sharm Dreams Group
Posted 30+ days ago
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Experience
3 - 5 Years
Education
Bachelor of Commerce(Commerce), Bachelor of Business Administration(Management)
Nationality
Any Nationality
Gender
Not Mentioned
Vacancy
1 Vacancy
Job Description
Roles & Responsibilities
- Monitor, analyze, and report on all cost expenditures across hotel and resort operations to ensure alignment with budgetary targets.
- Prepare detailed cost reports, forecasts, and variance analyses for management review, highlighting areas of concern and recommending corrective actions.
- Collaborate with department heads to establish and maintain cost control procedures, ensuring compliance with company policies and industry standards.
- Conduct regular audits of inventory, procurement, and usage to identify inefficiencies, wastage, or potential cost-saving opportunities.
- Support the budgeting and forecasting process by providing accurate cost data and insights to inform financial planning.
- Review and validate supplier invoices, purchase orders, and contracts to ensure accuracy and adherence to negotiated terms.
- Assist in the development and implementation of cost control systems and software to enhance reporting accuracy and operational efficiency.
- Prepare monthly, quarterly, and annual cost statements and participate in financial closing activities.
- Work closely with the finance and accounting teams to reconcile cost accounts and resolve discrepancies.
- Stay updated on industry trends, best practices, and regulatory changes affecting cost control in the hospitality sector.
Desired Candidate Profile
- Bachelor s degree in Accounting, Finance, or a related field.
- 3 to 5 years of proven experience in cost control, accounting, or financial analysis, preferably within the hospitality or tourism industry.
- Strong understanding of cost accounting principles, budgeting, and financial reporting.
- Proficiency in accounting software and Microsoft Office Suite, especially Excel.
- Excellent analytical and problem-solving skills with keen attention to detail.
- Ability to interpret financial data and communicate findings to non-financial stakeholders.
- Strong organizational and time management skills to handle multiple priorities effectively.
- Demonstrated ability to work independently and as part of a collaborative team.
- Familiarity with ERP systems or cost control software is an advantage.
- Excellent verbal and written communication skills in English.
Company Industry
- Construction
- Civil Engineering
Department / Functional Area
- Accounts
- Taxation
- Audit
- Company Secretary
Keywords
- Cost Control Accountant
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