Accountant - Food & Beverage Sector

2 weeks ago


Dubai, United Arab Emirates Fifty One & Co Full time

**The Job**

We are looking for a **F & B Accountant** for a group of restaurants in **Palm Jumeirah** and **Dubai Creek Harbour**

**Responsibilities**
- Manage financial transactions and accounting processes for the food and beverage department, including revenue tracking, expense management, and budgeting.
- Prepare and analyze financial reports, such as profit and loss statements, cash flow statements, and variance analyses, to monitor departmental performance and identify areas for improvement.
- Ensure compliance with accounting principles, internal controls, and regulatory requirements, including tax regulations and auditing standards.
- Collaborate with the food and beverage team to develop and monitor departmental budgets, forecasts, and financial plans to optimize profitability and cost efficiency.
- Coordinate with purchasing and inventory management to track inventory levels, reconcile discrepancies, and control costs related to food and beverage procurement.
- Provide financial insights and recommendations to support decision-making processes, such as menu pricing, product offerings, and operational improvements.
- Liaise with other departments, such as finance, operations, and management, to communicate financial results, resolve issues, and support cross-functional initiatives.
- Supervise and mentor finance staff members within the food and beverage department, ensuring accuracy, timeliness, and professionalism in financial operations.
- Stay informed about industry trends, best practices, and regulatory changes in the food and beverage sector to continuously improve financial processes and performance.

**Qualifications**
- **Experience in the F&B sector is required**:

- 1 year of work experience as an **Accountant **in the U.A.E.

**Salary**: From AED5,500.00 per month

**Experience**:

- Accountant: 1 year (required)



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