Assistant, Cost Management

The Assistant, Cost Management is responsible for assisting the daily cost validation, providing direction and support to all restaurants, bars and snack bars/cafes in planning, purchasing and usage.  Monthly stocktake of inventories in the non-gaming sectors. Review of menu cost prices and recipe menu engineering analysis.  

PRIMARY RESPONSIBILITIES:

• To assist the cost control of restaurants, spa, retail and non-gaming operations in daily tasks
• Review the transactions in BirchStreet system on a daily, weekly, fortnightly and monthly basis that enables outlets to track the revenue and costs on a daily basis.  This includes reviewing the daily direct purchases, warehouse/ outlet transfers, and outlet cost transfers.
• Review food and beverage recipes to ensure appropriate margins are maintained.
• Assist the Manager & Supervisor with month end processes.
• Run daily sales reports from Infrasys to ensure that inventories are depleted for beverage & tobacco items. 
• Review daily cost transfers to ensure that reasonable quantity and type of transfers are done within kitchens/ outlets.
• Trace to BirchStreet recipes to ensure that new menu item sales are attached to relevant recipes.
• Do weekly spot check and monthly stocktake on warehouse & outlet inventory items to ensure that accurate inventories and cost of sales are maintained.
• Ad hoc tasks as assigned by management.

KEY PERFORMANCE INDICATORS:

• Service standards are consistent with departmental expectations.
• Adherence to all relevant policies and procedures
• Constructive relationships are built with team members and business managers.
• Adheres to, and supports the Company’s Vision & Values
• Displays a high commitment to improving customer service.
• Adopts and implements new approaches and practices to meet changing circumstances.
• Clearly understands the strategic Vision of the Company and how it impacts on the Business Unit / function.
• Anticipates and assesses issues, risks or opportunities facing the Company and applies effective, creative solutions.
• Achieves agreed objectives and accepts accountability for results.
• Accuracy of information provided to business managers.
• Accuracy of data input and reporting.

QUALIFICATIONS:

Experience

• Minimum 1 year post graduate experience in management accounting or analysis preferably in the F&B / hospitality sector
•  Experience in the gaming industry or in large hotel environment with multiple F&B outlets preferred.

Education

• Tertiary education in Finance / Business discipline.  Having post-graduate accounting knowledge preferred.

Skills / Competencies

• Professional presentation and communication skills with the ability to build relationships at all levels within the organization
• Very good computer skills, particularly Excel
• Self starter, mature, confident
• High level of motivation and discipline to achieve business objectives and common goals.
• Conscientious and able to meet tight deadlines.