Cost Control Manager

Marriott•Dorado, PR

9h•Onsite

About The Position

The Cost Control Manager is responsible for monitoring, analyzing, and optimizing operational costs across the hotel to ensure financial efficiency without compromising service quality. This role plays a critical part in driving profitability through strong internal controls, variance analysis, and adherence to corporate standards. Supports the day-to-day execution of general ledger impacted processes, including support to clients as they work with and understand these processes. Performs accounting functions specifically in the areas of account balancing, ledger reconciliation, reporting and discrepancy resolution.

Requirements

4-year bachelor's degree in Finance and Accounting or related major; no work experience required.
2-year degree from an accredited university in Finance and Accounting or related major; 2 years experience in finance and accounting or related professional area.

Responsibilities

Implement and maintain effective cost control systems across all operational departments (Food & Beverage, Rooms Division, Purchasing, Engineering).
Monitor cost of sales, including food, beverage, and operating supplies.
Conduct regular inventory counts and spot audits to ensure accuracy and compliance.
Analyze variances between actual and budgeted costs, and recommend corrective actions.
Review standard recipes, portion control, yields, and pricing to ensure proper margins.
Verify purchase orders, receiving processes, and supplier invoices.
Prepare cost-related financial reports (e.g., food cost %, beverage cost %, cost per occupied room).
Collaborate with chefs, restaurant managers, and procurement teams to optimize costs while maintaining guest experience.
Evaluate suppliers, pricing structures, and contracts to ensure best value.
Ensure compliance with internal policies, brand standards, and audit requirements.
Lead waste reduction and cost optimization initiatives.
Train operational teams on cost control best practices.
Coordinates and implements accounting work and projects as assigned.
Coordinates, implements and follows up on Accounting SOP audits for all areas of the property.
Complies with Federal and State laws applying to fraud and collection procedures.
Generates and provides accurate and timely results in the form of reports, presentations, etc.
Analyzes information and evaluates results to choose the best solution and solve problems.
Compiles, codes, categorizes, calculates, tabulates, audits, or verifies information or data.
Balances credit card ledgers.
Verifies contracts for groups and performs credit reference checks for direct billed groups if necessary.
Achieves and exceeds goals including performance goals, budget goals, team goals, etc.
Develops specific goals and plans to prioritize, organize, and accomplish your work.
Submits reports in a timely manner, ensuring delivery deadlines.
Ensures profits and losses are documented accurately.
Monitors all taxes that apply, ensuring that taxes are current, collected and/or accrued.
Maintains a strong accounting and operational control environment to safeguard assets.
Completes period end function each period.
Provide direction and assistance to other organizational units regarding accounting and budgeting policies and procedures, and efficient control and utilization of financial resources.
Demonstrates knowledge of job-relevant issues, products, systems, and processes.
Demonstrates knowledge of return check procedures.
Demonstrates knowledge of the Gross Revenue Report.
Demonstrates knowledge and proficiency with write off procedures.
Demonstrates knowledge and proficiency with consolidated deposit procedures.
Keeps up-to-date technically and applying new knowledge to your job.
Uses computers and computer systems (including hardware and software) to program, develop financial spreadsheets, set up functions, enter data, or process information.
Uses relevant information and individual judgment to determine whether events or processes comply with laws, regulations, or standards.
Utilizes interpersonal and communication skills to lead, influence, and encourage others; advocates sound financial/business decision making; demonstrates honesty/integrity; leads by example.
Motivates and provides a work environment where employees are productive.
Imposes deadlines and delegates tasks.
Provides an "open door policy" and is highly visible in areas of responsibility.
Understands how to manage in a culturally diverse work environment.
Manages the quality process in areas of customer service and employee satisfaction.
Supports the development, mentoring and training of employees.
Provides constructive coaching and counseling to employees.
Trains people on account receivable posting techniques.
Provides information to supervisors, co-workers, and subordinates by telephone, in written form, e-mail, or in person.
Demonstrates personal integrity.
Uses effective listening skills.
Demonstrates self confidence, energy and enthusiasm.
Manages group or interpersonal conflict effectively.
Informs and/or updates the executives, the peers and the subordinates on relevant information in a timely manner.
Manages time well and possesses strong organizational skills.
Presents ideas, expectations and information in a concise well organized way.
Uses problem solving methodology for decision making and follow up.
Makes collections calls if necessary.