Executive Accountant for Chain of Restaurants

1 week ago


Abu Dhabi, Abu Dhabi, United Arab Emirates OVERSEAS FOR WATER Full time

Dear Applicants, Please read the job details, role & responsibilities carefully.

Key Performance Area


Manage and oversee the daily operations of the accounting duties in restaurants such as month and year-end process, accounts payable/receivable, general ledger, account balances, payroll and utilities, treasury, budgeting, cash forecasting, revenue and expenditure variance analysis, capital assets reconciliation and trust account statement reconciliations.

Ø Performs accounting for all the kitchens, and reconciles sales, inventories, and commissions of ERP with accounting software.

Ø Maintains the accounts payable vendor system and enters new vendors into the system.

Ø Strong Hands-on experience in cost control management, Inventory and stock audit.

Ø Preparing all the food and beverages menu items costing, items variance

analysis, creating and updating recipes and uploading it in the system.

Ø Monitor and analyze accounting data and produce financial reports/ statements.

Ø Reconciles assigned balance sheet accounts, such as inventories, prepaid deposits, and reconciles subsystem with General Ledger

Ø Manage all purchasing and liaising with the reporting manager / CEO.

Ø Manage cash balances and cash forecasts to meet the company's needs.

Ø Preparing monthly balance sheets, income statements, and changes in financial position/budget variance analyses.

Ø Handling of Petty Cash Funds, Expenses and Replenishments.

Ø Monthly Reports, Financial statements, Cash Flow projections, special analyses, and information reports, for management

Ø Formulate general ledger and closing reports by imputing in-depth details of the firm's transactions.

Ø A solid understanding of financial statistics and accounting principles.

Ø Maintaining payment records and files and maintaining the outgoing payment register

Ø Providing accounting support during store inventories and posting necessary journals.

Ø Posting all month-end closing journals and maintaining necessary schedules.

Ø Point of contact for external, internal, and revenue audits.

Ø Working knowledge of all statutory legislation and regulations.

Mandatory Requirements:

  • Minimum 7 years of accounts management experience within for Chain of Restaurant, F&B, and Hospitality industry.
  • Strong understanding of accounting aspects like balance sheets, cash flow management, business forecasts, and profitability.
  • A keen eye for minute details coupled with an instant ability to make sound decisions.
  • Ability to prepare detailed and accurate reports within the given timeframe as per requirements.
  • Proficient user of finance/accounting software: SAPAAD, QUICKBOOKS, SAGE
Excellent interpersonal, communication, planning and organization, and analytical skills with initiative, and a team player.

Attractive Package and Benefits as per UAE law.
-
Monthly SALARY: AED 4000/

-
Accommodation: Sharing Bachelor Accommodation provided by the company.
-
WORK LOCATION: KIZAD (Remote Area) Abu Dhabi, UAE

Salary:
Up to AED4,000.00 per month

Application Question(s):

  • Must be able to work in KIZAD (remote area).

Education:

  • Bachelor's (required)

Experience:

  • Accountant in Chain of Restaurants: 5 years (required)

License/Certification:

  • UAE Driving License (preferred)

Ability to Commute:

  • Abu Dhabi (required)


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