Senior Accountant at Broadway Cafeteria

Job Summary

• A restaurant accountant needs to handle the financial transaction of a restaurant daily and needs to keep a proper record of its financial statement.
• The accountant needs to track the transaction and prepare a report regarding the financial status of a business through the balance sheet, profit and loss account, and cash flow statement.
• All major decisions of a restaurant are taken based on accounting records and it clearly shows the financial position of the business.
• The professional is responsible for preparing tax returns and they involve recording, interpreting, classifying, analyzing, reporting, and summarizing the financial data.

Responsibilities

• Collect cost information and maintain an expenses database
• Construct data accumulation systems
• Determine fixed costs (e.g. salaries, rent and insurance)
• Plan and record variable costs (e.g. purchases of raw material and operations costs)
• Review standard and actual costs for inaccuracies
• Prepare budgeting reports (for the company and for each department)
• Analyze and report profit margins
• Prepare (monthly, quarterly and annual) cost forecasts
• Assisting in month-end and year-end closing
• Identify and recommend cost-effective solutions.

Requirements

• Candidates should possess a B.Sc Degree
• Minimum of 6 years industry experience in related capacity is required.