FINANCE MANAGER (F&B)
About This Role
Key Responsibilities:
Financial Planning & Analysis
- Prepare annual budgets, forecasts, and financial plans for restaurant/F&B operations
- Analyze financial performance, revenue trends, and profitability margins
- Provide variance analysis on budget vs. actual results
- Support business decision-making with financial insights and recommendations
Accounting & Financial Reporting
- Oversee month-end and year-end closing processes
- Ensure timely and accurate preparation of financial statements (P&L, balance sheet, cash flow)
- Monitor accounts payable, receivable, and general ledger activities
- Maintain proper accounting records in compliance with company policies and accounting standards
Cost Control & Inventory Management
- Monitor food cost, beverage cost, labor cost, and overhead expenses
- Analyze COGS (Cost of Goods Sold) and recommend improvements
- Oversee inventory valuation, stock reconciliation, and wastage control
- Collaborate with operations and procurement teams to optimize purchasing and inventory levels
Cash Flow & Treasury Management
- Manage cash flow forecasting and working capital
- Monitor daily cash positions and banking activities
- Ensure proper cash handling controls across outlets/locations
Compliance & Audit
- Ensure compliance with tax regulations, VAT, and statutory requirements
- Coordinate internal and external audits
- Strengthen internal controls to minimize financial risks and fraud
Team Leadership
- Lead and mentor finance/accounting team members
- Coordinate with operations managers, chefs, procurement, and senior leadership
- Drive financial awareness across operational teams
Work Location: In person
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