Restaurant Accountant at Juremi Group

Job Description:

As a Restaurant Accountant, you will be a key player in managing the financial operations of our restaurant, ensuring accuracy in accounting processes, and contributing to the overall financial health of the establishment. Your role will involve handling restaurant-specific financial transactions, monitoring costs, and providing valuable insights to support informed decision-making.

Responsibilities:

• Monitor daily sales, analyze revenue streams and track expenses.
• Implement effective cost-control measures to optimize profitability.

• Oversee daily cash handling, reconciliation, and deposit processes.
• Maintain accurate cash flow records.

• Implement and manage inventory control procedures for food and beverage items.
• Conduct regular audits to ensure accuracy.

• Collaborate with the culinary team to calculate and update menu costs.
• Analyze menu performance and recommend pricing adjustments.
• Manage and reconcile transactions recorded in the POS system.
• Troubleshoot and resolve any discrepancies.

• Prepare monthly financial statements, including profit and loss statements and balance sheets.
• Provide insights into financial performance.

• Assist in the development of budgets and forecasts.
• Monitor actual performance against budgeted targets.

• Ensure compliance with relevant tax regulations.
• Prepare and submit required tax documents.

• Assist in the preparation for internal and external audits.
• Provide necessary documentation and explanations.

Skills Required:

• Understanding of restaurant operations, menu costing, and inventory management.
• Strong grasp of accounting principles and practices.
• Experience with accounting software and POS systems.
• Analytical and problem-solving skills specific to restaurant financial data.
• Excellent written and verbal communication skills.
• Ability to convey financial information to non-finance stakeholders.

Qualification Level:

• Bachelor's degree in Accounting, Finance, Business Administration, or a related field.
• Relevant experience in accounting, preferably in the restaurant or hospitality industry.

Additional Considerations:

• Restaurant Experience: Prior experience working in a restaurant or hospitality setting is highly desirable.
• Adaptability: Ability to adapt to the unique financial challenges of the restaurant industry.
• Team Collaboration: Collaboration with culinary and operational teams for effective financial management.