• Cost Controller

    Job Locations US-KY-Louisville
    Posted Date 1 week ago(5/14/2018 1:52 PM)
    Requisition ID
    # of Openings
    Category (Portal Searching)
  • Overview



    This luxurious Omni property, which opened it's doors on March 6, 2018, is located in the heart of Downtown Louisville and designed with intersecting towers that represent the crossroads of the past, present and future of Louisville. Inspired by the city’s rich history and authentic character, the Omni Louisville will transform one of the city’s most significant urban blocks into a unique and vibrant mixed-use environment offering hotel guests, residents and locals a chance to connect and enjoy the best of a great city.
    The hotel will be a prominent landmark against the Louisville skyline, glistening during the day and glowing at night, with the iconic glassy ends of the 612 room hotel. The hotel pool and rooftop bar, designed for seamless indoor and outdoor integration, will allow guests to rest, relax or socialize with spectacular views of the city from above. The essence of Louisville is woven throughout with interior design blends elements of the city’s heritage, culture and character, felt everywhere from the hotel restaurants to a featured bourbon bar to the hotel’s Speakeasy and bowling alley.
    Guests will also enjoy a dynamic 20,000 square foot modern urban lifestyle market connected to the lobby of the hotel. Transforming Liberty Street into a pedestrian thoroughfare, the market serves as a community gateway for hotel guests and locals alike, inviting the neighborhood in with the smells of freshly brewed Heine Bros. coffee, baking bread and fragrant fresh flowers.


    Job Description

    The Cost Controller is responsible for the organization and realization of the monthly F&B and retail inventories.  Preparation of daily and monthly cost reports with explanation and investigation of variances, both physical and in the general ledger.  Research of inventory shrinkage and waste management at all outlets.  Analysis and special reports as requested by management. Oversee and manage the day to day operations of the accounts payable functions and oversee the accounts payable coordinators.


    • Schedule, organize and direct all month-end inventories in conjunction with the appropriate department managers.
    • Prepare daily, weekly and monthly cost reports to include the investigation and explanation of material variances.
    • Ensure requisition and distribution system are enforced through proper authorization of requisitions.
    • Process and post all retail transfers.
    • Process and post all F&B transfers and assist with invoice postings in Birch Street.
    • Work with F&B team to analyze F&B menu item costs, establish menu pricing and recommend menu modifications for new and current items.
    • Ensure F&B and Retail POS system item prices are up to date and accurately programmed.
    • Reconcile all inventory accounts on a monthly basis by designated due dates.
    • Responsible for auditing invoices, credit memos due and product security on a monthly basis to ensure accurate cost of sales percentages.
    • Indirectly supervise and train Purchasing and Retail personnel on inventory and AP processes.
    • Prepare cash requirements as requested by management.
    • Maintain a current status on all open purchase orders.
    • Review purchase orders for accuracy.
    • Investigate discrepancies on past due invoices.
    • Investigate and resolve all outstanding credits.
    • Maintain current reconciliation of vendor statements.
    • Prepare month end payable accruals as required.
    • Oversee month end procedures to produce appropriate reports and ensure accounts payable system remains in balance.
    • Review monthly preliminary P&L with Controller and Department leaders.
    • Projects as assigned by Director of Finance and Director of Purchasing.



    • Previous hotel accounting experience and at least 2 years.
    • Strong computer and phone skills preferred.
    • Ability to meet deadlines and work with multiple projects.
    • Excellent verbal and written communication skills.


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