Cost Controller

Filinvest Group; Muntinlupa; On-site; PHP 446,000 - 725,000; Full time

Job summary

Quest Plus Conference Center Manila, part of Filinvest Group, seeks an experienced Cost Controller to oversee inventory, cost analysis and reporting in our hotel operations in Muntinlupa.

You will prepare daily cost, coordinate with departments, maintain Business Central records, and supervise the Cost Control Clerk and Storekeeper while ensuring compliance with policies and financial standards.

Qualifications

• Bachelor's Degree in Accounting, Finance, Hotel and Restaurant Management, or related field.
• At least 3 years of cost control or cost accounting experience in hospitality or F&B.
• Strong knowledge of inventory management, cost analysis, and procurement procedures.
• Proficient in MS Excel and hotel systems.
• Detail-oriented with analytical thinking and good organizational skills.
• Ability to coordinate with multiple departments for cost tracking and reporting.
• Must have integrity, confidentiality, and adherence to company policies and financial standards.
• Willingness to work in Muntinlupa City.

Responsibilities

• Prepare daily cost and submit to Cost Controller for verification.
• Ensure proper charging of reports from departments in Business Central.
• Maintain and archive inventory reports and count sheets.
• Encode item adjustments with department code and accounts.
• Conduct regular month-end and year-end inventory counts.
• Prepare final inventory count sheets for reconciliation.
• Perform monthly par stock checks to control losses and obsolescence.
• Conduct yield tests and buffet costing.
• Ensure inventory discrepancies are charged to accountable employees.
• Collaborate with Receiving and A/P to ensure deliveries are invoiced through Business Central.
• Supervise Cost Control Clerk and Storekeeper.
• Comply with company policy and procedures.

Skills

Inventory management

Cost analysis

Procurement procedures

MS Excel

Hotel systems

Attention to detail

Analytical thinking

Organizational skills

Interdepartmental coordination

Integrity & confidentiality

Education

Bachelor's degree in Accounting, Finance, Hotel and Restaurant Management

Tools

MS Excel

Business Central

Hotel systems

Job description

Filinvest Hotel: QUEST PLUS CONFERENCE CENTER MANILA

Duties & Responsibilities

• Prepares daily food & beverage cost and submit to Cost Controller for final checking and verification.
• Ensures that all necessary reports like Inter-transfer, complimentary forms and others coming from
  other departments are properly charged in Business Central.
• Ensures that all reports (inventory count sheets, store requisitions, transfers, spoilage reports and the like) are complete, orderly kept and properly archived.
• Encodes Item Adjustment physical quantity with corresponding department code and proper account charging in Business Central, if any.
• Conducts spot checks and regular month-end and year-end physical inventory count.
• Prepares final inventory count sheets for reconciliation and posting to be submitted to Cost Controller
  for final checking and verifications.
• Random checks on a monthly basis on par stock level in order to control losses, spoilage, damage and obsolescence.
• Conducts yield test and buffet costing.
• Ensures that inventory discrepancies are reported and properly charged to the accountable employees
• Ensures that new inventory items are requested and posted in Business Central.
• Assists in conducting market survey together with Purchasing Department.
• Supervises Cost Control Clerk and Storekeeper to ensure propriety of their respective reports on a daily and monthly bases.
• Coordinates with Receiving Staff and A/P Supervisor to ensure all deliveries are received thru Business
• Central and are properly invoiced.
• Oversees overall Cost Control Section in the absence of Cost Controller.
• Complies with Company Policy & Procedures.

Job Qualifications

• Bachelors Degree in Accounting, Finance, Hotel and Restaurant Management, or any related field.
• Minimum of 3 years of experience in cost control or cost accounting within the hospitality or F&B industry.
• Strong knowledge of inventory management, cost analysis, and procurement procedures.
• Proficient in MS Excel and hotel systems.
• Demonstrates attention to detail, analytical thinking, and organizational skills.
• Ability to coordinate with multiple departments to ensure accurate cost tracking and reporting.
• With strong integrity, confidentiality, and adherence to company policies and financial standards.
• Willingness to work in Muntinlupa City.