Job
Description
Job Summary: The Accounts Manager will be responsible for overseeing all financial transactions, reporting, and compliance. This role requires a strong understanding of accounting principles, excellent organizational skills, and the ability to thrive in a demanding, high-volume environment. The ideal candidate will be proactive, detail-oriented, and possess a keen eye for optimizing financial processes within the unique context of a restro bar. Key Responsibilities: Financial Reporting & Analysis: Prepare and analyze daily, weekly, and monthly financial reports, including P&L statements, balance sheets, and cash flow statements. Monitor key performance indicators (KPIs) related to sales, costs, and profitability, identifying trends and potential areas for improvement. Assist in the preparation of annual budgets and forecasts. Provide financial insights and recommendations to the General Manager and management team to support strategic decision-making. Accounts Payable & Receivable: Manage the full cycle of accounts payable, including vendor invoice processing, reconciliation, and timely payments. Ensure accurate and timely processing of accounts receivable, including monitoring daily sales, credit card reconciliations, and resolving discrepancies. Oversee petty cash management and reconciliation. Cost Control & Inventory Management: Collaborate with the F&B team to monitor and control food, beverage, and operational costs. Assist in conducting regular inventory counts (food, beverage, dry goods) and reconciling discrepancies. Analyze inventory variances and recommend strategies to minimize waste and optimize stock levels. Track and manage consumption of raw materials. Cash Management & Reconciliation: Oversee daily cash reconciliation, ensuring all sales are accurately recorded and deposited. Reconcile bank statements and credit card statements. Monitor cash flow and flag any potential issues. Compliance & Audit: Ensure compliance with all local, state, and federal financial regulations and tax requirements (e.g., GST, TDS). Prepare necessary documentation for internal and external audits. Maintain accurate and organized financial records and documentation. Payroll & HR Support (Financial Aspects): Assist in verifying payroll data and ensuring accurate financial posting of payroll expenses. Manage employee reimbursements and advances. System & Process Improvement: Identify opportunities to streamline accounting processes and improve efficiency using accounting software and tools. Ensure proper use and integration of POS systems with accounting software. Ad-hoc Duties: Perform other finance-related duties as assigned by the General Manager or Regional Finance Manager. Qualifications: Bachelor's degree in Accounting, Finance, or a related field. Minimum of 5+ years of progressive experience in accounting roles, with a significant portion of that experience (at least 2-3 years) in the hospitality, F&B, or retail sector. Experience in a high-volume restro bar or restaurant environment is highly preferred. Proficiency in accounting software (e.g., Tally, QuickBooks, SAP, Xero) and advanced Excel skills. Strong understanding of generally accepted accounting principles (GAAP) and financial reporting. Excellent analytical, problem-solving, and decision-making abilities. High degree of accuracy and attention to detail. Ability to work independently and as part of a team in a fast-paced, dynamic environment. Strong communication and interpersonal skills. Ability to manage multiple priorities and meet tight deadlines. Integrity and discretion in handling confidential financial information. Familiarity with GST and TDS regulations specific to the Indian context. Bonus Points: Experience with specific POS systems common in the hospitality industry (e.g., Toast, Micros, Revel Systems). Knowledge of inventory management software. Job Type: Full-time Pay: From ₹40,000.00 per month Benefits: Food provided Health insurance Provident Fund Experience: Hospitality: 5 years (Required) Work Location: In person
