Job title: Accountant
Job type: Full-Time
Emp type: Full-time
Industry: Catering and Food Services
Functional Expertise: Accounting
Skills: R2R accounting GAAP
Job published: 2024-11-13
Job ID: 41048

Job Description

The Full-Time Accountant will be responsible for managing all financial aspects of our restaurant business, ensuring accuracy, compliance, and efficiency. The ideal candidate will have a strong background in accounting within the hospitality or restaurant industry and possess the skills to oversee daily financial operations, budget management, and strategic financial planning.

 

KEY RESPONSIBILITIES

You will:

  1. Financial Analysis:
  • Analyze financial data to identify trends, forecast needs, and address discrepancies.
  • Provide insights and recommendations to improve financial performance and support strategic decision-making.
Cash Flow Management:
  • Manage cash flow and prepare detailed cash flow reports to ensure the availability of funds.
  • Implement strategies to optimize cash flow and financial stability.
Budget Management:
  • Develop and maintain weekly budgets in collaboration with the restaurant management team.
  • Monitor performance against the budget, identifying variances, and suggesting corrective actions.
Payroll Processing:
  • Process payroll accurately and on time, ensuring compliance with national and local regulations.
  • Manage payroll records and address any discrepancies promptly.
Accounts Payable and Receivable:
  • Manage accounts payable and receivable processes, ensuring timely payment and invoicing.
  • Maintain relationships with vendors and suppliers, negotiating terms where necessary.
Internal Controls:
  • Implement and maintain robust internal financial controls and procedures.
  • Conduct regular audits to ensure accuracy and compliance.
Audit Coordination:
  • Coordinate with external auditors during financial and operational audits.
  • Prepare necessary documentation and ensure smooth audit processes.
Inventory Management:
  • Oversee inventory counts and valuation.
  • Work closely with the purchasing department to optimize inventory levels based on financial insights.
Process Optimization:
  • Identify and implement process improvements to enhance efficiency and accuracy in financial operations.
Technology Integration:
  • Leverage accounting software and other technologies to streamline accounting processes and reporting.
  • Maintain and update financial systems as needed.
Training and Development:
  • Train and mentor junior accounting staff to build a strong and capable finance team.
  • Promote continuous learning and development within the department.
Cost Projections:
  • Assist with cost projections for new store openings.
  • Gather and analyze all relevant expenses for accurate forecasting.
Sales Reporting:
  • Prepare weekly sales reports with comprehensive data recording.
  • Conduct break-even analysis for each store to inform financial strategies.
Payment Handling:
  • Handle most payments, ensuring accuracy and timeliness.
  • Reconcile bank statements and cash in bank against sales records.
Food Costing:
  • Assist with food costing to optimize pricing strategies and profitability.
  • Create and maintain templates for restaurant financial reporting.

Work Schedule: Hybrid | Dayshift 

Location: BGC