Cost Controller
Dreamworld Resort Limited
مجموع سنوات الخبرة :14 years, 7 أشهر
To control the Food & Beverage Cost in terms of costing audit. Prepare variance analysis for food & beverage and communicating / discussing with relevant parties.
Update and maintain receipts into the systems.
Coordinate with restaurant management and finance to sort out issues pertaining to F&B.
Update selling prices in POS as per the instruction from authorized persons. continuously study weaknesses in controls implemented at the restaurant and suggest for improvements.
Check the Food & Beverage revenues report submitted by the income audit for accuracy of covers and average check.
Prepare the daily and monthly cost report department in relation to cost of sales.
Participate in monthly market survey and involve in formal negotiation for annual and large contracts involving inventory items.
Check and ensure all menu items’ have a recipe
Maintain a daily record of inventory purchased for every chart of account and ensure it is balance with account payable.
Spot check on the receiving department to ensure that the scales are correct and goods are checked for quality.
Check and ensure that no material is issued out from the store without requisition or approval from the respective department head.
Organize and do stock take and monthly closing procedures and to prepare all journals. Prepare cost board and the related journal vouchers.
Check invoices against receiving record and compare them with purchase order and purchase request, and to ensure that all invoices are stamped and signed by the authorized person.
Audit monthly stock and prepare reconciliation on all stockrooms.
Updating the material control system with goods received notes, stock transfers etc. and updating sales from system at the restaurants.
Banquet Beverage consumption analysis prepared for each Banquet functions.
Inter Outlet Transfers are generally prepared and posted on a daily basis
Work in a high volume environment driving consistency and best practice across all the business. Responsible for improving the company’s cash flow and reducing its arrears by keeping accurate records and ensuring payments are received on time
* Obtain and maintain a thorough understanding of the financial reporting and general ledger structure.
* Ensure an accurate and timely monthly, quarterly and year end close.
* Ensure the timely reporting of all monthly financial information.
* Support budget and forecasting activities.
* Collaborate with the other finance department managers to support overall department goals and objectives.
* Monitor and analyze department work to develop more efficient procedures and use of resources while maintaining a high level of accuracy.
* Advise staff regarding the handling of non-routine reporting transactions.
* Respond to inquiries from the Head of Finance, Controller, and other finance and firm wide managers regarding financial results, special reporting requests and the like.
* Work with the Controller to ensure a clean and timely yearend audit.
* Supervise the general ledger group to ensure all financial reporting deadlines are met.
* Assist in development and implementation of new procedures and features to enhance the workflow of the department.
* Handle personnel issues relating to staff conflicts, absenteeism, performance issues, etc.
* Work with each direct report to establish goals and objectives for each year and monitor and advice on the progress to enhance the professional development of staff.
* Support Controller with special projects and workflow process improvements.
* Supervision & Monitor Accounts Department reports assign working tasks
* Prepare and record asset, liability, revenue, and expense entries by compiling and analyzing account information.
* Maintain and balance subsidiary accounts by verifying, allocating, posting, reconciling transactions; resolving discrepancies.
* Maintain general ledger by transferring subsidiary accounts; preparing a trial balance; reconciling entries.
* Summarize financial status by collecting information; preparing balance sheet, profit and loss, and other statements.
* Produce payroll by initiating computer processing; printing checks, verifying finished product.
* Completes external audit by analyzing and scheduling general ledger accounts; providing information for auditors.
* Secure financial information by completing database backups.
* Supervision & Monitor Cost Accountant reports assign working tasks
* Prepare, analyze and report weekly, monthly, quarterly gross margin analysis by customer type.
* Assist in month-end closing, prepare journal entries as necessary, analyze inventory evaluation and Prepare collateral reporting
* Coordinate with IT department for system issues, maintenance and development such as production, purchasing, accounts payable, accounts receivable, import/export IT, receiving, and other.
* Analyze cost accounting data and assist with cycle count/physical inventories.
* Maintain internal control documentation and test internal controls.
* Prepare detailed account analysis and reconcile sales, cost and inventory, liability accounts by customer type by division
* Review and analyze inventory and margin reports, conduct research and perform analytical studies in regards to cost analyses and profitability.
* Work in special projects as required.
* Support and assist internal department reporting requirements such as audit schedules, tax schedules and others.
* Ensure timely submission, accuracy and validity of inventory, gross margin schedules to management
Financial Analysis, Strategic Management, Financial Accounting, procurement, Logistic, ERP, Management Accounting, Financial Accounting
Accounting, statistic, economics