Cost Controller at La Campagne Tropicana Beach Resort

At La Campagne Tropicana Beach Resort, we pride ourselves on delivering exceptional experiences in the hospitality industry. Our commitment to excellence and innovation has positioned us as a leader in the market. 

We are recruiting to fill the position below:

Job Title: Cost Controller

Location: Ibeju Lekki, Lagos
Employment Type: Full-time

Job Summary

• As part of our commitment to maintaining financial efficiency and profitability, we are seeking a dedicated and experienced Cost Controller to join our team.
• This position plays a crucial role in managing costs, analyzing expenses, and ensuring the financial success of resort operations.
• If you are detail-oriented, have a strong background in cost control, and are passionate about the hospitality industry, we encourage you to apply!

Job Responsibilities
Cost Management & Control:

• Monitor and control operational costs, including food and beverage, housekeeping, maintenance, and other resort-related expenses.
• Review and analyze cost reports, identifying cost overruns and areas where efficiencies can be improved.
• Implement strategies to reduce unnecessary expenses and maximize profitability while maintaining the quality of services provided to guests.

Budgeting & Forecasting:

• Assist in the preparation of the resort’s annual budget, ensuring that operational costs align with financial goals.
• Provide regular updates on financial performance and forecast future expenses based on historical data, trends, and business needs.
• Work with department heads to create and manage departmental budgets, ensuring financial targets are met.

Inventory Management & Analysis:

• Oversee the control and management of inventory across various departments (e.g., F&B, housekeeping, maintenance).
• Track inventory usage and identify areas for improvement in stock management, ensuring inventory levels are optimized to prevent overstocking or shortages.
• Perform regular stock audits to ensure accuracy and minimize waste or theft.

Cost Reporting:

• Prepare detailed monthly cost reports for management, highlighting trends, variances, and areas of concern.
• Provide recommendations for cost-saving initiatives and help departments implement cost-reduction measures.
• Analyze financial data and provide insights on cost performance, helping management make informed decisions.

Vendor & Supplier Management:

• Evaluate and monitor supplier contracts to ensure cost-effective pricing and quality standards.
• Work with procurement to negotiate pricing and manage supplier relationships to ensure favorable terms and minimize costs.
• Collaborate with suppliers and internal teams to ensure timely delivery of goods and services within budget.

Financial Compliance & Auditing:

• Ensure all cost-related activities comply with the resort’s financial policies and industry regulations.
• Conduct audits of operational expenses and processes to ensure transparency and accountability.
• Ensure proper documentation and record-keeping for financial reporting and audits.

Collaboration with Resort Departments:

• Work closely with various departments (e.g., F&B, housekeeping, maintenance) to ensure alignment between operational and financial goals.
• Provide cost-related training and guidance to department heads and staff to improve cost awareness and efficiency.

Continuous Improvement:

• Identify opportunities for operational improvements that can result in cost savings without compromising the guest experience.
• Participate in regular reviews and analysis of cost control measures to ensure they are effective and aligned with resort objectives.

Requirements
Education & Experience:

• Bachelor's Degree in Accounting, Finance, Hospitality Management, or a related field.
• Previous experience in cost control, financial analysis, or a similar role within a resort, hotel, or hospitality environment (3+ years).
• Familiarity with financial systems, property management systems (PMS), and inventory control software.

Skills & Competencies:

• Strong knowledge of cost control principles, financial reporting, and budgeting.
• Excellent analytical skills with the ability to interpret data and identify trends.
• Proficient in Microsoft Excel and accounting software; experience with resort management systems is a plus.
• Ability to work effectively under pressure and meet deadlines.
• Strong communication and interpersonal skills, with the ability to collaborate across departments.

Personal Traits:

• Detail-oriented with a strong focus on accuracy and efficiency.
• Proactive problem-solver with a hands-on approach to cost control.
• Strong organizational and time-management skills.
• Ability to maintain confidentiality and integrity in handling sensitive financial data.
• Positive attitude and ability to work as part of a team in a fast-paced environment.

Benefits

• Competitive Salary
• Opportunities for career development and professional growth
• A supportive and dynamic work environment.

Application Closing Date
17th January, 2025.