Ssistant director, cost controller
3 days ago
Company description:
Resorts World Sentosa (RWS), Asia's premium lifestyle destination resort, is located on Singapore's resort island of Sentosa. Spanning 49 hectares, RWS is home to world-class attractions including Universal Studios Singapore, S. E. A. Aquarium, Dolphin Island and Adventure Cove Waterpark. Complementing the adventure and adrenaline of its theme parks and attractions are eight unique luxury hotels, the world-class Resorts World Convention Centre, and a casino. RWS offers award-winning dining experiences and exciting cuisines from around the world across its many renowned celebrity chef restaurants, establishing itself as a key player in Singapore's vibrant and diverse dining scene and a leading gourmet destination in Asia for epicureans. The integrated resort also offers world-class entertainment, from original resident productions to concerts. RWS has been named "Best Integrated Resort" since 2011 for ten consecutive years at the TTG Travel Awards which recognises the best of Asia-Pacific's travel industry.
RWS is wholly owned by Genting Singapore, a company of the Genting Group. For more information, please visit
Job description:
The key job responsibilities of a cost controller in an integrated resort encompass a range of tasks focused at managing and controlling costs across various departments and projects within the resort.
Budget Development and Management
Prepare detailed budgets for various departments and projects within the resort.
Monitor actual expenditures against the budget and report variances.
Cost Tracking and Analysis
Track and record all costs associated with resort operations, including food and beverage, accommodations, entertainment, maintenance, and other services.
Analyze cost data to identify trends, inefficiencies, and potential cost-saving opportunities.
Financial Reporting
Prepare regular financial reports, including cost summaries, variance analysis, and forecasts.
Present financial data to senior management, highlighting key insights and recommendations.
Forecasting and Planning
Develop cost forecasts and update them based on actual performance and changing conditions.
Assist in long-term financial planning and strategy development for the resort.
Cost Control Procedures
Implement and enforce cost control procedures across all departments.
Inventory Management
Oversee inventory control processes for various departments, ensuring accurate tracking and valuation.
Conduct periodic inventory audits to verify stock levels and identify discrepancies.
Collaboration with Departments and Management of Transfer Pricing
Work closely with department heads to understand their cost drivers and assist in managing their budgets.
Provide financial guidance and support to ensure effective cost management.
Manage transfer pricing for inter-departmental transactions.
Process Improvement
Identify areas for process improvement and implement best practices to enhance cost efficiency.
Lead or participate in cross-functional teams to develop and execute cost-saving initiatives.
Risk Management
Identify financial risks related to cost overruns and develop mitigation strategies.
Monitor and report on risk factors that could impact the financial performance of the resort.
Compliance and Documentation
Ensure compliance with company policies, industry standards, and regulatory requirements.
Maintain detailed and organized financial records for audit and review purposes.
Staff Training and Development
Train and mentor junior staff on cost control practices and financial analysis techniques.
Promote a culture of cost consciousness and financial accountability within the resort.
Special Projects
Participate in special projects and initiatives as assigned by senior management.
Provide financial analysis and support for new business ventures or expansions.
Job Requirements:
Minimum 10 years of experience in Financial Planning & Analytics.
A strong leader who is able to drive performance and is focused on delivering the end-results.
Possess strong business acumen and analytical skills; detail-oriented and organized.
Possess excellent communication and interpersonal skills to effectively work with stakeholders.
Able to work under pressure in a fast-paced environment.#J-18808-Ljbffr
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