Cost Controller

Filinvest Land, Inc.; Philippines; On-site; PHP 360,000 - 540,000; Full time

Job summary

QUEST PLUS CONFERENCE CENTER MANILA, part of Filinvest Hotel, is seeking a Cost Controller to manage cost control, inventory, and reporting processes within the hospitality operation. The role requires coordination with multiple departments to ensure accurate cost tracking and posting in Business Central.

Candidates should have a bachelor’s degree in Accounting/Finance/Hotel & Restaurant Management with at least 3 years in cost control. Willingness to work in Muntinlupa City is preferred.

Qualifications

• Minimum 3 years in cost control or cost accounting in hospitality or F&B.
• Strong inventory management and cost analysis skills.
• Proficient with MS Excel and hotel systems.

Responsibilities

• Prepares daily cost reports for submission to Cost Controller.
• Ensures accurate charging of inter-transfer and other reports in Business Central.
• Maintains and archives inventory count sheets and related documents.
• Encodes item adjustments with correct department code and accounts.
• Conducts regular month-end and year-end physical inventory counts.
• Prepares final inventory count sheets for posting and reconciliation.
• Performs monthly spoilage, losses, and obsolescence checks.
• Conducts yield testing and buffet costing.
• Reports inventory discrepancies for accountability.
• Ensures new items are posted in Business Central.
• Assists in market surveys with Purchasing Department.
• Supervises Cost Control Clerk and Storekeeper to ensure report integrity.
• Coordinates with Receiving and AP to ensure complete invoicing.
• Oversees Cost Control Section in the absence of Cost Controller.
• Complies with company policy and procedures.

Skills

Cost control

Inventory management

MS Excel

Hotel systems

Education

Bachelor’s degree in Accounting/Finance/Hotel & Restaurant Management

Tools

Business Central

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.