Minimum of 2 years of proven experience in accounting and financial management within the FandB or restaurant industry in UAE.
Strong knowledge of accounting principles, financial regulations, and taxation specific to the food and beverage sector.
Industry Knowledge:
Familiarity with the unique financial challenges and regulations associated with the food and beverage/restaurant industry.
Understanding of inventory management, cost control, and financial reporting in the context of restaurant operations.
Software Proficiency:
Proficient in using accounting software and financial management tools. Experience with industry-specific software, such as restaurant POS systems, is a plus.
Advanced skills in Microsoft Excel and other relevant office applications.
Analytical Skills.
Strong analytical and problem-solving skills with the ability to interpret financial data and trends.
Experience in conducting financial analysis and providing insights to support business decision-making.
Communication Skills:
Excellent verbal and written communication skills. Ability to communicate complex financial information to non-finance stakeholders.
Collaborative mindset with the ability to work effectively with cross-functional teams.
Attention to Detail:
High level of accuracy and attention to detail in financial record-keeping and reporting.
Ability to identify discrepancies and implement corrective measures.
Regulatory Compliance:
In-depth knowledge of local and national financial regulations, tax laws, and compliance requirements relevant to the food and beverage industry.
Experience in managing audits and ensuring compliance with industry standards.
Responsibilities:
Prepare accurate and timely financial statements, reports, and forecasts.
Analyze financial data and provide insights to support strategic decision-making.
Develop, monitor, and manage budgets for various departments within the restaurant.
Collaborate with operational teams to create accurate financial forecasts.
Implement and monitor cost control measures to optimize operational efficiency.
Conduct regular analysis of food and beverage costs, recommending adjustments as needed.
Oversee inventory accounting processes, ensuring accurate tracking and valuation of goods.
Implement strategies to minimize waste and improve inventory turnover.
Ensure compliance with financial regulations, tax laws, and industry standards.
Coordinate and manage external audits, providing necessary documentation and explanations.
Foster a collaborative and results-driven work environment.
Contribute to the development of financial strategies aligned with overall business objectives.
Identify opportunities for cost savings and revenue enhancement.
Collaborate with vendors, financial institutions, and other stakeholders.
Negotiate favorable terms and maintain positive relationships.
Job Type: Full-time Salary: AED1,931.41 - AED7,108.61 per month Ability to Relocate:
Dubai: Relocate before starting work (Required)
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