Accounts Assistant, Cost Control (6 Month Contract)

Fairmont Singapore & Swissôtel The Stamford; Singapore; On-site; SGD 20,000 - 60,000; Full time

Job summary

A leading hospitality brand in Singapore is seeking an Accounts Assistant for a 6-month contract. This role involves calculating and analyzing food and beverage costs, verifying recipe details, and conducting monthly stocktakes. The ideal candidate has a degree in Accountancy, 3-5 years of experience in the hotel industry, and is proficient in Excel. Join a dynamic team to explore growth and career opportunities in a vibrant environment.

Qualifications

• At least 3-5 years post qualification experience in a hotel.
• Able to work with large volumes of data and formulas.
• Flexibility to adapt and respond to changes effectively.

Responsibilities

• Calculate recipe costs based on inputs provided by Chefs and Bartenders.
• Verify recipe details including quantity and cost prices.
• Reconcile consumption and sales and investigate discrepancies.
• Assist the Cost Controller in preparing the F&B Flash Cost Report.

Skills

Attention to detail

Independence

Interpersonal skills

Excel proficiency

Education

Degree in Accountancy or equivalent

Job description

HOTEL OVERVIEW

Strategically located in the heart of Singapore’s shopping, dining and entertainment districts and with the City Hall and Esplanade Mass Rapid Transit (MRT) train stations and other major transportation nodes at its doorstep, Fairmont Singapore and Swissôtel The Stamford are the gateway to explore Singapore’s landscapes at your convenience. With a total of 2,030 well-appointed guestrooms, both hotels also offer a distinct collection of 12 lifestyle and dining choices including Michelin-starred fine dining restaurant JAAN by Kirk Westaway, cutting-edge meeting space at Raffles City Convention Centre with 34 meeting rooms and one of Asia’s largest spas, Willow Stream Spa.

ABOUT OUR COMPANY

At Fairmont Singapore and Swissôtel The Stamford, we design career plans and unveil new professional perspectives through our various development programs. We shine when YOU shine. Come and be part of our dynamic team and experience immerse growth and career opportunities with us.

Accounts Assistant, Cost Control (6 Month Contract)

Summary of Responsibilities:

The main responsibilities and tasks of this position are as listed below, but not limited to these:

• Calculate recipe costs based on inputs provided by Chefs and Bartenders.

• Verify recipe details including quantity, item codes, cost prices, and loss factors.

• Calculate and analyze the potential beverage cost for each bar/outlet and compare it with actual beverage costs.

• Determine potential costs for beverage items in outlets, based either on recipe costing or item prices.

• Calculate and analyze the cost of events based on Beverage Control Forms submitted by Banquet and Outlet teams, including free-flow consumption packages and other related components.

• In the absence of a POS system, ensure compensating controls such as a chit system are implemented for all food and beverage orders sent to the kitchen or bar.

• Ensure that any creation or change of discount keys is approved by the Director of Food & Beverage, Director of Finance, and Hotel Manager prior to implementation. Outlet Managers must submit a printed test check after the key is created. (As operationally required.)

• Reconcile consumption and sales; investigate and justify any discrepancies. Regular control checks to be performed on at least 5 food items and 15 beverage items.

• Conduct menu engineering audits for all F&B outlets, including:

  • Revenue as per Sales Report from Point Of Sales System

  • Cost as per on the Recipes provided by Chefs

  • Conduct stock take in the kitchens, bars, restaurants, Food Store, Beverage Store, and Wine Cellar.

• Participate in monthly stocktaking of all outlets and stores; perform inventory reconciliation to ensure zero variance at day-end.

• Compile a complete hotel inventory summary to support month-end closing. Follow up with the Directors of F&B, SPA, and Finance for necessary approvals, ensuring full compliance with ACCOR standards.

• Assist the Cost Controller in preparing the F&B Flash Cost Report twice weekly, including:

  • Compilation of purchases and store requisitions

  • Inter-kitchen and inter-bar transfers

  • Accruals and food credit handling (ALD & AccurPlus Discounts and Staff & Promo consumption)

• Support F&B cost analysis during month-end closing processes.

Qualifications:

• Degree in Accountancy or equivalent

• At least 3-5 years post qualification in a hotel

• Accuracy, thoroughness, neatness, attentive to details

• Work with minimal supervision and coaching, independent and willing to learn, has good initiative in a dynamic work environment

• Ensure the job is done on time, especially during month end (eg. on the cutoff period of the month, need to stay late to conduct & to reconcile outlets stock take result).

• Good interpersonal skills with ability to communicate with all levels of employees

• Computer-literate, strong in excel, comfortable with large volumes of data and formulas

• Flexible and able to embrace and respond to change effectively

• Presentable, well groomed, team player

Our commitment to Diversity & Inclusion:

We are an inclusive company and what we really hope to achieve is to attract, recruit and promote diverse talent.

Why work for Accor?

We are far more than a worldwide leader. We welcome you as you are and you can find a job and brand that matches your personality. We support you to grow and learn every day, making sure that work brings purpose to your life, so that during your journey with us, you can continue to explore Accor’s limitless possibilities.

By joining Accor, every chapter of your story is yours to write and together we can imagine tomorrow's hospitality. Discover the life that awaits you at Accor, visit https://careers.accor.com/

Do what you love, care for the world, dare to challenge the status quo! #BELIMITLESS