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Executive Accountant and Cost Controller for a

3 months ago

Abu Dhabi, Abu Dhabi, United Arab Emirates Abant General Trading LLC Full time

Hiring an Executive Accountant and Cost Controller for a Chain of Restaurants.

Please read the job descriptions, roles & 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.


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

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

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

- Preparing all the food and beverages menu items costing, items variance analysis, creating and updating recipes, and uploading them in the system.

- Monitor and analyse accounting data and produce financial reports/ statements.

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

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

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

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

- Handling of Petty Cash Funds, Expenses, and Replenishments.

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

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

- A solid understanding of financial statistics and accounting principles.

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

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

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

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

- 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.

- SALARY:up to AED 5500 to AED 6000 based on experience and qualifications.

- ACCOMMODATION - Sharing Bachelor Accommodation provided by the company.

- WORK LOCATION: KIZAD (Remote Area) Abu Dhabi, UAE

- ACCOMMODATION LOCATION:AL RAHBA (remote area close to the office)

Job Types:
Full-time, Permanent

Salary:
AED5, AED6,000.00 per month

Ability to commute/relocate:

  • Abu Dhabi: Reliably commute or willing to relocate with an employerprovided relocation package (required)

Application Question(s):

  • Must be willing to work in KIZAD (Remote Area).

Education:

  • Bachelor's (required)

Experience:

  • Restaurant Accountant and
Cost Controller: 5 years (required)

Language:

  • English (required)

License/Certification:

  • UAE Driving License (preferred)

Location:

  • Abu Dhabi (preferred)