Cost Accountant (Hospitality Sector)

Kuwait
Permanent
Full-time

1 month ago

This position involves analyzing costs, preparing budgets, and ensuring that financial practices align with industry standards. The ideal candidate will possess a strong analytical mindset and be able to communicate financial information effectively to various stakeholders. T.Responsibilities: * Analyze and monitor costs associated with products and services to ensure accurate financial reporting.

Prepare and maintain detailed budgets, forecasts, and financial models to support business planning.
Conduct variance analysis to identify discrepancies between budgeted and actual costs.
Collaborate with various departments to gather data and provide insights on cost-saving opportunities.
Prepare monthly, quarterly, and annual financial reports for management review.
Ensure compliance with accounting standards and regulations relevant to the hospitality industry.
Assist in the development and implementation of cost control measures.
Support internal and external audits by providing necessary documentation and explanations.
Maintain accurate records of inventory and cost allocations.
Participate in financial planning and analysis initiatives to drive business growth.

Preferred Candidate: * Strong analytical and problem-solving skills.

Excellent communication and interpersonal abilities.
Detail-oriented with a high level of accuracy in financial reporting.
Ability to work collaboratively in a team environment.
Proficient in accounting software and Microsoft Excel.
Experience in hospitality industry is a must.
Strong organizational skills and ability to manage multiple tasks.
Proactive approach to identifying and resolving financial issues.
Willingness to adapt to changing business needs.
Commitment to continuous professional development and learning.

Bayt

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