Cost Controller

General Information

Job Type:
Date Posted:
Dec 07, 2017
Employee Type:
Full-Time Employee


• Check the daily Food & Beverage revenues report submitted for accuracy of sales and average check.

• Prepare the weekly and monthly cost report in relation to cost of sales.

• Check the merchandise variance for discrepancy and obtain valid explanations.

• Maintain a record of inventory purchased; ensure it is balanced 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 issued out from the store without requisition or inventory movement from which have been approved by the respective department head.

• Overview stock take and monthly closing procedures and prepare all reports.

• Organize and prepare minutes on the cost audit meeting.

• Check invoices against receiving record and compare them with purchase order and purchase request, and to ensure that all invoices stamped and signed

• Record the total purchases by chart of accounts and accumulate for month end balancing with account payable.

• Check and ensure that all inventories purchased are in balance with account payable on a bi-monthly basis.

• Check that, wherever possible, three quotations have been obtained for each item purchased.

• Ensure that purchasing obtain up – to – date and accurate prices by comparing prices against suppliers quotations.

• Check and ensure that storekeepers doe not received goods without a purchase order or market list, and receiving department only hold files for current purchase list for goods not yet received.

• Check and review filled requisitions that are posted by issuing department and ensure that goods are not issued more than requested.

• Do spot check to ensure that the goods are received as per specifications and the deliveries of goods by suppliers are consistent with the receiving schedule and the storerooms are not overstock especially during month – end

• Ensure that all the stocks in the satellite stores are secure, control and rotated on a true yield table are maintained.

• Audit monthly stock takes and prepare reconciliation on all stockrooms.

• Audit actual stock results it the system and verify inventory valuation report.

• Distribute menu sales analysis on a monthly basis.

• Prepare a complete set of cost audit report

• Organize the bi-yearly stock –take on all operating equipment of the cinema, and to prepare detail loss and breakage quantities and amount.

• 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

Can start immediately

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