Senior Financial Analyst

Role Objective:

The primary objective of a Senior Financial Analyst (SFA) is to provide an accurate and insightful financial analysis that supports strategic decision-making, drives financial performance, and ensures the organization's financial health. 

Key Responsibilities & Accountabilities

1. Financial Analysis

• Analyze financial data to provide insights into business performance.
• Prepare detailed variance analyses, comparing actual performance against budgets and forecasts.
• Conduct profitability analyses for projects, products, or departments.
• Assess menu performance, identify high-margin items, and recommend pricing strategies.

2. Budgeting and Forecasting

• Assist in preparing annual budgets and periodic forecasts.
• Collaborate with various departments to ensure accurate and realistic projections.
• Monitor budget adherence and recommend corrective actions as necessary.

3. Financial Reporting

• Prepare monthly, quarterly, and annual financial reports for management and stakeholders.
• Consolidate financial data from multiple sources while ensuring accuracy.
• Support compliance with internal and external reporting standards.

4. Strategic Planning

• Develop financial models to support decisions on business expansion, investments, or cost-saving initiatives.
• Contribute to long-term financial planning and strategy development.
• Identify risks and opportunities based on financial trends.

5. Cost Management

• Analyze costs and identify opportunities for reduction or efficiency improvement.
• Develop financial strategies to optimize resource allocation.

6. Business Partnering

• Collaborate with operations, marketing, and other departments to provide financial insights and support.
• Act as a trusted advisor to leadership for financial decision-making.

7. Compliance and Risk Management

• Ensure compliance with company policies, accounting standards (e.g., GAAP or IFRS), and regulatory requirements.
• Support internal and external audits.
• Identify financial risks and propose mitigation strategies.

Knowledge:

1. Expertise in food cost management, labor cost analysis, and other controllable expenses

2. Advanced accounting background for the day to day operations in a restaurant.

3. Ability to analyze complex data.

4. Strong quantitative and analytical competency 

System skills required:

1. Oracle Fusion ERP

2. MS Word/MS Excel/Power point skills

3. Restaurant POS Systems

Education/Qualifications:

1. Bachelor’s degree in finance/accounting

2. CA/ACCA/CPA 

Experiences:

1. 3–5 years in the F&B industry or a similar customer-focused, high-volume industry.

2. Minimum of 2 years of experience in FA/SFA position

3. Proven work experience in a quantitatively heavy role