Cost Controler

InterContinental Hotels Group; Kuala Lumpur; On-site; MYR 150,000 - 200,000; Full time

Job summary

A leading hospitality company in Kuala Lumpur is seeking an Assistant Cost Controller to manage cost control operations, maintain inventory levels, and ensure accurate financial reporting. The ideal candidate should have a Bachelor's degree in Accounting and Finance along with at least 2 years of related experience. Strong communication and problem-solving skills are essential. This role offers a dynamic working environment in a prestigious hotel chain.

Qualifications

• 2 years of experience as an assistant cost controller or accounting clerical.
• Proficient in procurement and inventory systems.
• Professional accounting or finance designation preferred.

Responsibilities

• Manage daily operations of cost control and inventory.
• Ensure accurate month-end inventories and financial reports.
• Train staff and promote compliance and teamwork.

Skills

Problem solving

Organizational skills

Communication skills

Education

Bachelor’s degree in Accounting and Finance

Tools

Microsoft Office

Material Control

Job description

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• Manage day to day operation of the cost control, storeroom & receiving staff. Establish and communicate goals and objective.
• To ensure that all are being costed out and transfer accordingly. Monitor and analyse cost variances and ensure alignment with the budget
• Manage and maintain hotel inventory levels; ensure month-end inventories are completed in a timely and accurate manner to ensure appropriate levels are maintained which minimize waste and maximize ration turnover of perishable items.
• Ensure Yearly HOE inventories are completed in a timely and accurate manner.
• Maintain periodic spot checks are done in outlets to avoid pilferage and ensure recording are in order. Recordings of the spot check done to be kept for further internal audit.
• Ensure all staff is properly trained and have the tools and equipment needed to effectively carry out their job functions.
• Performs ad hoc tasks and functions as and when assign or instruct from time to time by Director of Finance & Business Support.
• Forecast operational needs and schedule deliveries accordingly to meet the hotel’s operational requirements.
• Maintain internal controls over the requis and issuing of items; develop and maintain receiving and cost control system; direct the delivery of supplies to appropriate departments or storage areas; and ensure reports and records are updated and forwarded to the accounts payable for payment, based on company and hotel policies and procedures.
• Promote compliance by advising department heads of potential cost overruns, new regulations, or potential violations to established standards. Act as expert resource and guide in process control activities and requirements.
• Complete receiving reports, food and beverage costs report; and other reports as required.
• To ensure that daily food & beverage cost flash report are accurate and disseminated to the relevant personnel.
• Promote teamwork and quality service through daily communication and coordination with other departments. Key departmental contacts include hotel department heads to obtain/provide information.

What We Need From You

• Bachelor’s degree / higher education qualification / equivalent in Accounting and Finance.
• 2 years’ experience in an assistant cost controller or accounting clerical or similar; or an equivalent combination of education and work experience.
• Proficient in the use of Microsoft Office and Procurement and Inventory System – Material Control
• Problem solving, reasoning, motivating, organizational and training abilities.
• Professional accounting or finance designation or certification preferred .
• Communication skills are utilized a significant amount of time when interacting with clients and the guests.

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