Job Description

We are seeking an experienced and detail-oriented Assistant Manager - Cost Accountant to join our finance team at Joys Palace, Thrissur. The role is responsible for overseeing cost control functions across the hotel operations, ensuring cost efficiency, preparing and analyzing MIS reports, supporting budgeting and forecasting, and assisting with financial planning and analysis. The ideal candidate will have strong analytical skills, a solid understanding of hotel operations, and experience in cost accounting within the hospitality industry.

Key Responsibilities:

Cost Accounting & Control:

Monitor and analyze cost variances related to food, beverage, housekeeping, maintenance, and other hotel departments.

Maintain and update cost standards for all products and services.

Conduct regular inventory audits and ensure proper inventory valuation.

Assist in setting pricing strategies based on cost analysis and profitability.

Review daily consumption reports and highlight discrepancies.

Coordinate with purchasing, stores, kitchen, and other departments to control wastage and manage par levels.

MIS & Financial Reporting:

Prepare and present accurate and timely MIS reports, including:

Daily revenue and expense reports

Department-wise cost reports

Food cost and beverage cost analysis

Monthly financial performance dashboards

Assist in monthly and quarterly closings.

Support budget preparation and variance analysis.

Analyze key financial ratios and performance indicators.

Internal Controls & Compliance:

Implement and monitor internal controls related to cost and inventory management.

Ensure compliance with financial policies, standards, and statutory requirements.

Work closely with internal and external auditors during audits.

Team Collaboration & Support:

Collaborate with department heads to optimize resource utilization and cost efficiency.

Provide training and support to team members on cost control procedures.

Recommend cost-saving initiatives and monitor their implementation.

Job Types: Full-time, Permanent

Pay: ?25,000.00 - ?35,000.00 per month

Benefits:

Cell phone reimbursement Food provided Provident Fund
Schedule:

* Day shift