Financial Controller

5 years

0 Lacs

Posted:2 days ago| Platform: Linkedin logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Restaurant Finance Manager(Controller)

Key Responsibilities

  • Financial Reporting:

    Lead the monthly, quarterly, and year-end close processes, including the preparation of P&L statements, balance sheets, and cash flow reports.
  • Daily MIS Reports:

    Daily sales, collection & Payment reports
  • Bank Reconciliation:

    Monitor Daily Bank Reconciliation
  • Prepare restaurant Budgets:

    Prepare yearly and monthly Budget for the restaurant.
  • Recipe costing:

    Coordinate with execution and purchase team and prepare recipe costing for the products.
  • Cost Control & Variance Analysis:

    Monitor and analyse "Prime Costs" (food, beverage, and labour). Investigate discrepancies between theoretical and actual costs.
  • Multi-Unit Oversight:

    Manage and consolidate financial data from multiple restaurant locations, ensuring consistent reporting and standardization across all outlets.
  • Inventory & COGS:

    Oversee inventory accounting, including periodic physical counts, and manage Cost of Goods Sold (COGS) reporting per item or outlet.
  • Payroll:

    Verify the payroll processed by HR to ensure the proper deduction of Advance, loan, pf, pt etc.
  • Compliance & Tax:

    Ensure timely filing of sales and use tax, payroll tax, and other industry-specific regulatory reporting.
  • Leadership:

    Supervise, train, and mentor junior accountants or bookkeeping staff.

Required Qualifications

  • Education:

    Bachelor’s degree in Accounting, Finance, or a related field is typically required.
  • CMA (Certified Management Accountant)

    are highly preferred.
  • Experience:

    5+ years of accounting experience, specifically in the hospitality or restaurant.
  • Software Proficiency:

  • Petpooja & tally

  • Excel:

    Advanced skills in pivot tables, data analysis, and V lookup.

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