General Scope
Reports to General Manager. The Cost Controller/Chief Accountant is responsible for the organization and realization of the monthly F&B inventories. Preparation of daily and monthly product cost reports with explanation and investigation of variances, numeric and analytical. Maintenance of accurate financial records, and the timely preparation of financial reports; in addition to Restaurant financial planning, budgeting, accounting and cash management.
Responsible to deliver clear and accurate results and reports, in regards to inventory transactions, cost and stock control (revenue and non-revenue), inventory levels, inventory turnover and irregularities. Develops, implements and maintains system(s) used in the collection of food, beverage, and general supply items cost / consumption data.
DUTIES & RESPONSIBILITIES:
Constantly promote best practices, and perform with the highest standard of excellence and integrity.
Analyze menu item costs, establish menu pricing and recommend menu modifications for new and current items.
Research, analyze, explain and determine course of action for all material variances on a monthly basis.
Recommend pricing, portion and supplier changes as costs fluctuate.
Responsible for ensuring the completion and integrity of all month end inventories.
Ensure requisition and distribution system is enforced through proper authorization of requisitions.
Responsible for reconciliation of all General Ledger food and beverage inventory accounts on a monthly basis by designated dates.
Analyze and verify prices to vendor supplied bid sheets.
Responsible for auditing invoices, credit memos due and product security on a monthly basis to ensure accurate food cost percentages.
Indirectly supervise and train on Purchasing and Receiving Policies.
Produce Food & Beverage revenue reports.
Auditing Credit charges including house charges, complimentary staff meals etc.
Production of month end cost report and analysis.
Assume responsibility for proper execution of the company’s accounting practices, maintenance of accurate financial records, and the timely preparation of financial reports. This responsibility also includes Property financial planning, budgeting, accounting and cash management.
Manage and participate in the preparation and review of all monthly and annual financial statements. Provide necessary financial information to support preparation of the consolidated financial statements. Investigate, review and analyze the variance explanations, and involve the managers in this process.
Responsible for producing, analyzing and explaining monthly financial statements including conducting variance analysis for communication of revenue and expense trends compared to budgets.
Contribute to the preparation of the yearly operating plans, budgets, cash flow forecasts.
Responsible for restaurant petty cash expense receipt, checking and organizing reimbursement.
Responsible for Bank reconciliation of all bank accounts including credit card settlement.
Responsible for Head office petty cash handling and processing reimbursement.
Responsible for Payment voucher and cheque preparation for all inventory suppliers, co-ordination with purchase on documentation etc.
Responsible for other payments including rent, utilities & other standard payments as per credit terms.
Responsible for key supplier account reconciliation.
Responsible for monthly payroll working preparation from collecting all staff attendance records till working sheet, disbursement & pay slip distribution.
Responsible for visiting local company locations for surprise audit on cash, inventory etc.
Responsible for liaising / following up with other departments and/or external agencies, banks etc. on need basis.
Responsible for maintenance of asset register & updating.
Responsible for performing all other duties as required.
Job Details
| Date Posted: | 2014-01-15 |
| Job Location: | Abu Dhabi, United Arab Emirates |
| Job Role: | Accounting/Banking/Finance |
| Company Industry: | Hospitality/Tourism/Travel; Catering/Food Services/Restaurants |
| Monthly Salary: | US $3,000 |
| Joining Date: | 2014-02-01 |
Preferred Candidate
| Career Level: | Mid Career |
| Degree: | Certification / diploma |
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Date Posted: January 15, 2014 at 12:16PM
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Cost Controller / Chief Accountant - SUMAQ GRILL
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