F&B Senior Accountant

F&B (RESTAURANT) EXPERIENCE IS A MUST!!!!!!

The ideal candidate will have substantial exposure to monthly closing processes, forecasting and budgeting, and customer billing. They will be organized and approach each issue with an analytical mindset.

• MUST HAVE AT LEAST 2 YEARS RESTAURANT EXPERIENCE IN DUBAI
• Prepare and maintain accurate financial records, including general ledger entries, bank reconciliations, and accounts payable and receivable.
• Prepare and present monthly quarterly, and annual financial reports to management, including profit and loss statements, balance sheets, and cash flow statements.
• Analyze financial data to identify trends, variances, and areas for improvement.
• Develop and implement financial policies and procedures to ensure compliance with relevant laws, regulations, and accounting standards.
• Coordinate with other departments to ensure the accuracy and completeness of financial data, including inventory management and cost of goods sold.
• Oversee the preparation of VAT Filing and ensure compliance with laws and regulations.
• Manage the accounts payable, including vendor payments.
• To ensure ERP is used in the proper manner and as per best practices.
• Ensure the accuracy and completeness of payroll records and oversee the payroll process.
• Train and supervise accounting staff, providing guidance and support as needed.
• Respond to all queries related to financial matters.
• Assist in the preparation of yearly budgets.
• Reconciles assigned balance sheet accounts, such as inventories, prepaid deposits, and sub-tenant receivables; reconciles subsystem with General Ledger.
• Responsible to prepare cash flow on a fortnightly basis to ensure the funds.
• Preparation of MIS report to monitor the efficiency of performance.