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Job Description
- Work in conjunction with all department heads to ensure maximum profitability
- Provide critical assessment of all budgets and cost projections
- Assess all incoming products, resources, and services to ensure the best price
- Maintain vendor and service provider relationships
- Remain acutely aware of market trends that could impact resource costs
- Keep up to date on new vendors and possible cost-cutting partnerships
- Analyze invoices to ensure correct products/services were received at the expected cost
- Collaborate with department heads to strategize ways to minimize waste
- Demonstrate a comprehensive understanding of the interdependency of cost drivers
- Understand the entire arc of the business and how productivity impacts profitability
- Commit to maximizing efficiency at all levels without compromising quality
- Develop and implement proactive solutions and cost-cutting measures
- Present new strategies and assessments to stakeholders in a compelling fashion
- Educate and persuade stakeholders to procure buy-in and cooperation
- Roll out clear cost-saving programs with timelines and assessment goals
Job Requirements
- 5-7 years experience in the same position in Hotels or restaurants
- BA of Commerce