Senior Accountant With F&b Experience

Abu Dhabi, United Arab Emirates

Job Description

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F&B Backgroud Roles and responsibilities for a Senior Accountant in a restaurant: 1. Financial Reporting:
  • Prepare and analyze financial statements, including income statements,
balance sheets, and cash flow statements.
  • Provide accurate and timely financial information to management for
decision-making.
  • Monitor and report on key financial performance indicators.
2. Budgeting and Forecasting:
  • Develop and manage the restaurant\xe2\x80\x99s annual budget.
  • Collaborate with department heads to gather budget inputs and provide
financial guidance.
  • Monitor actual financial performance against budget and provide variance
analysis. 3. Accounting Operations:
  • Oversee day-to-day accounting operations, including accounts payable,
accounts receivable, and payroll.
  • Ensure accurate and timely recording of financial transactions.
  • Reconcile bank statements and other financial accounts.
4. Compliance and Taxation:
  • Ensure compliance with relevant accounting standards and regulations.
  • Work with external auditors during annual audits.
  • Prepare and file tax returns, ensuring compliance with tax laws.
5. Financial Analysis:
  • Conduct financial analysis to identify trends, opportunities, and potential
risks.
  • Provide insights and recommendations to management based on financial
analysis.
  • Support strategic decision-making through financial modeling and scenario
analysis. 6. Cost Control:
  • Monitor and analyze costs related to food, labor, and overhead.
  • Implement cost control measures to optimize profitability.
  • Identify areas for cost savings without compromising quality.
7. Cash Management:
  • Manage cash flow to ensure the availability of funds for operational needs.
  • Optimize working capital by monitoring receivables and payables.
8. Internal Controls: - 2 -
  • Establish and maintain internal control procedures to safeguard assets and
ensure accuracy of financial records.
  • Regularly review and update accounting policies and procedures.
9. Technology and Systems:
  • Leverage accounting software and other technological tools to streamline
financial processes.
  • Stay abreast of technological advancements in accounting and finance.
10. Team Management and Development:
  • Supervise and mentor junior accounting staff.
  • Conduct training sessions to enhance the team\xe2\x80\x99s skills and knowledge.
11. Communication and Collaboration:
  • Collaborate with other departments, such as operations and marketing, to
understand their financial needs and provide support.
  • Communicate financial information effectively to non-financial stakeholders.
Job Type: Full-time Salary: From AED4,000.00 per month Experience:
  • Accounting: 4 years (Required)
  • accounting in F&B: 2 years (Required)
License/Certification:
  • accounting certification (Required)
Ability to Commute:
  • Abu Dhabi (Required)
Ability to Relocate:
  • Abu Dhabi: Relocate before starting work (Required)

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Job Detail

  • Job Id
    JD1632060
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Abu Dhabi, United Arab Emirates
  • Education
    Not mentioned