Assists in the development and implementation of facility goals and priorities relating to financial management, budget, accounting, purchasing, and/or payroll in compliance with State and Federal law and ASM GLOBAL policies and procedures.
Maintains contact with ASM GLOBALs Risk Management Department and Insurance broker for coordination of appropriate coverage.
Monitors and projects daily cash flow; reviews and executes all checks and deposits for F&B events and reviews daily cash receipts and disbursements.
Reviews all purchasing of capital assets, office supplies and facility supplies.
Prepares, performs or assists with event settlements.
Assists as directed on system controls for new financial systems and develops procedures to improve existing systems.
Assists as directed developing and implementing all financial reporting, including:
Preparing financial statements for ASM GLOBAL Corporate, and other financial reports, including monthly statements, Budget Forecasting, Annual Budget and Annual Report.
Installation and maintenance of accounting records to show receipts and expenditures.
Maintenance of general and subsidiary ledgers, accounts receivable, revenue distribution, depreciation, cost, property, operating expenses and insurance records.
Analyzes financial performance and cost analyses for all departments; prepares monthly financial statements.
Prepares statements and reports of estimated future costs and revenues.
Coordinates preparation of external audit materials and financial reporting; implements recommendations as requested.
Coordinates year-end report of fiscal performance for the General Managers report.
Assists with the installation and maintenance of any new accounting, timekeeping, payroll, inventory, property and other related procedures and controls as assigned
Prepares monthly tax filings for City and State (Admissions, Business, Meals, Sales Tax and Vending)
Performs monthly close process including bank reconciliations, account analyses, and financial reports as assigned.
Coordinate and prepares F&B Payroll and assists in human resources as directed.
Reviews financial statements with management personnel.
Prepare F&B event flashes
Serves as Manager on Duty as required.
Works flexible and extended hours, including nights, weekends and holidays, in addition to normal business hours.
Performs other duties as assigned.
Supervisory ResponsibilitiesSupervises, as assigned, related staff. Carries out supervisory responsibilities in accordance with ASM GLOBALs policies and applicable laws. Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding; disciplining employees in conjunction with Human Resources; addressing complaints and resolving problems.you are primarily responsible for calculating costs of food and beverage items and also responsible for the short and long-term planning of the F&B controlling and pricing aspects.Additionally responsible to record information and produce control reports periodically to help maintain a suitable inventory of food and beverage items for the entire hotel. He/she also changes the price of menus items based on the costing information they collect and also actively take part in engineering the menu in terms of the pricing.F&B Cost Controller Duties and Responsibilities:1. Able to effectively control the Food & Beverage Cost.2. Control the Food and Beverage outlets in terms of wastage, pilferage and efficiency.3. Prepare variance analysis for food & beverage and communicating with relevant parties.4. Check and verify voids in the POS systems.5. Check and verify discounts on the POS systems.6. Check and verify any happy hours discounts.7. Check and verify all complimentary sales in POS systems.8. Check and verify all staff meals and staff discounts.9. Check the cost of sales in all F&B outlets and ensure that the costs are within budget.10. Check the menu pricing on the POS systems and ensure the correct prices are loaded.11. Continuously study weaknesses in F&B control implemented at the Hotel and provide suggestions for improvements.12. Check the daily Food & Beverage revenues report submitted by the income audit for the accuracy of covers and average check.13. Responsible for linking the articles and Recipes in Control System.14. Responsible for monthly F&B Report and distribute to management.15. Responsible for surprise spot checks at all F&B outlets.16. Prepare the daily and monthly cost report department in relation to cost of sales.17. Prepare daily staff meal cost report.18. Participate in stock taking at the restaurants.19. Spot check on the receiving department to ensure that the scales are correct and goods are checked for quality.20. Check and ensure that no material is issued out from the store without requisition or approval from the respective department head.21. Check and ensure all menu items have a recipe.22. Coordinate with restaurant management and finance to sort out issues pertaining to F&B.23. Update selling prices in POS as per the instruction from authorized persons.24. Responsible to maintain the Menu Pricing, Consumption and POS systems.25. Any other tasks as and when required by the management.
