Audit / Cost Control Officer

Job title: Audit / Cost Control Officer Location: Aba, Abia

Job Summary

The Audit / Cost Control Officer is responsible for monitoring the hotel’s financial transactions, controlling operational costs, preventing revenue leakages, and ensuring that hotel resources are properly accounted for.

Key Duties and Responsibilities

Daily Revenue Audit:

• Review daily sales from Rooms, Restaurant, Bar, Laundry, and other departments.
• Verify POS, cash, transfer, and card transactions.
• Reconcile daily revenue with system reports and physical collections.

Cost Control:

• Monitor food, beverage, housekeeping, maintenance, and other operational costs.
• Check purchasing prices against approved rates and budgets.
• Identify unnecessary expenses and wastage.

Stock & Inventory Control

• Monitor hotel inventory and conduct regular stock counts.
• Verify receiving, issuing, and consumption of food, beverages, housekeeping supplies, and other items.
• Investigate stock shortages, variances, and unexplained losses.

Purchasing & Receiving Checks:

• Review purchase orders, invoices, delivery notes, and goods received.
• Ensure that goods supplied correspond with quantities and prices approved.
• Prevent unauthorized purchases and overbilling.

Revenue Leakage Prevention:

• Monitor complimentary rooms, discounts, void transactions, refunds, and cancelled bills.
• Investigate unusual transactions and discrepancies.
• Ensure all hotel services provided are properly billed.

Cash & Payment Reconciliation:

• Reconcile cashiers' reports with actual collections.
• Check bank transfers, POS settlements, and other payment channels.
• Report shortages, overages, and irregularities.

Night Audit / Daily Audit:

• Review the day's hotel transactions and ensure that all postings are accurate.
• Verify room occupancy, room rates, discounts, payments, and outstanding balances.
• Prepare daily audit reports for management.

Budget Monitoring:

• Compare actual expenses with approved budgets.
• Highlight areas where expenditure is above budget.
• Provide recommendations for better cost management.

Payroll & Staff Cost Checks:

• Verify staff attendance, overtime, allowances, and payroll records where assigned.
• Ensure that unauthorized or duplicate payments are identified.

Reporting:

• Prepare daily, weekly, and monthly audit/cost-control reports.
• Report significant variances and suspected irregularities to management.
• Maintain proper audit documentation and records.

Internal Control:

• Ensure hotel financial policies and procedures are followed.
• Review departmental records and supporting documents.
• Recommend improvements to prevent errors, fraud, waste, and revenue losses.

Management Support:

• Assist management in making cost-saving decisions.
• Conduct investigations into financial or inventory discrepancies.
• Work closely with Accounts, Procurement, Stores, F&B, Front Office, and other departments.

Application closing date: 5th October, 2026.