Job Description
Assist the accounting department with financial information and forms for tax compliance needs.
Review and approve annual budgets and projections.
Closely scrutinize funds transfer and cash disbursement protocols within the organization.
Monitor performance of financial employees and recommend action to human resources department when necessary.
Maintain external relationships with banking and insurance executives outside of the organization.
Approve procurement.
Ensure all food and beverage purchases, requisitions and transfers are properly checked and recorded.
Prepare the daily food cost report for all outlets.
Cost standard recipes of food and beverage and update the cost, whenever there is a price change of a major food ingredient.
Co-ordinate with chefs and branch in charge for month end stock-take and be responsible for pricing and extending of all F&B inventories.
Schedule and arrange count sheets for stock-take at each month end.
Test checking of selling prices and costs in the POS system to the inventory system and the inventory reports.
Compile lists of potential cost, production cost, and recipes and reconcile with potential sales and actual sales for outlets.
Perform all end of month food and beverage inventory reconciliation.
Prepare monthly slow-moving report.
Prepare monthly inventories report and reconciled to General Ledger, carry out monthly stocktaking of kitchens and bars at the end of the month.
Review the food & beverage, warehouse, sale inventory, turnover and advise revision of par stock.
By comparison of the potential cost and actual cost for various materi consumption, bring to the attention of Cost Accountant of any discrepancies for remedial action.
Arrange and attend month-end and periodic inventory taking.
Investigate Loss & Breakage Report and recommend ways to improve.
Requirements:
Bachelor of Commerce or Similar or 4-year bachelor’s degree in Finance and Accounting or similar major
At least 3 years’ experience at the same role with an up-scale hospitality environment.
Good verbal and written communication skills.
Good analytics and reporting skills.
Experience with Accounting System, POS Systems and cost and inventory systems.
Ability to multitask, work in a fast-paced environment.
Have a high-level attention to detail.
Ability to work independently and to partner with others to promote an environment of teamwork.
Immediate joiner required, locally available candidates in the UAE will be prioritized.
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