Chief Accountant (Food & Beverage / Restaurants)

Job Purpose :- To lead and oversee the end-to-end accounting and financial operations of multiple restaurant branches, ensuring full compliance with IFRS standards and company policies. This role demands a strategic thinker with strong technical expertise to deliver accurate financial insights, control costs, optimize profitability, and support operational efficiency across the F&B business unit.

Key dimensions of the role :-

• Financial – Budgets, Planning and Forecasting, Revenue, Balance Sheets, Cash flow, Profit and Loss Analysis, Taxation, Feasibility Studies, Ad Hoc Reports.
• Operations – Inventory, Purchases, Pricing and Negotiating skill, Maintenance Contracts, Rental Contracts.
• IT – Oracle, Quick Books, POS Software, Integration of Software etc.

Reporting :-

• Prepare Monthly Closing: Involves Complete Responsibility of Financials with Balance Sheet, Profit and Loss for all the branches, Cash Flow, Trial Balance, A/P & A/R Recon.
• Monthly/Quarterly Performance Reports: Flash Reports, Branch Wise Comparison Reports, Financial Forecasting, Ascertaining Working Capital, Ageing Reports, Operating Cash Flow, Break Even Analysis.
• Annual Financial Budgets: Sales Budget, Payroll Budget, Branch Wise Profit and Loss, CAPEX, Revenue Trends, Covenants and Ratios, Operating Cash, ROCE, SWOT Analysis Etc.
• Feasibility Studies: Pay Back Period Calculation, IRR, ROI, Break Even and NPV.
• Financial Audited: Completely Responsible for the entire Trial balance and End to End tasks with Auditors till LOR and LOS are Issued.
• Taxation: Monthly VAT Return and Corporate Tax.
• Cash Flow: Cash Outflow and Inflow to manage Adequate Funds to Run Operations.

Key Responsibilities/Duties :-

• Supervise financial and accounting processes as per IFRS Standards and ensure adherence to company policy.
• Reviewing the Chart of Accounts, cost centers & Profit Centers Structure in All the Branches.
• Strong Knowledge in IFRS 16 to Maintain the Leases Location Wise.
• Knowledge on Computation of Variable Rent and Fixed Rent.
• Make Sure All the Delivery Channel Contracts are adhered as approved, and Calculation is made Accordingly.
• Extensive expertise in shareholder resolutions and equity ownership matters.
• Proficient in strategic planning and control of CAPEX and OPEX budgets.
• Follow up on Day-to-Day Transactions and Supervise the Petty Cash adherence to company policy.
• Payroll Processing with Guidelines of Head office and having Strong Knowledge on Gratuity Provisions.
• Having Strong Knowledge on Prudence Approach of Accountancy.
• Provide On Job Coaching and Guidance to Team Members and Managing their performance.
• Liaise with all the Suppliers and Negotiate on Pricing as well as the Product.
• Liaise with Cross Functional Teams from BU and Head office for Accounts Related Work.
• Have Strong knowledge on the Transactions of Intergroup Supplies.
• Responsible for Insurance branch wise estimations.
• Liaising with Treasury Team for all Bank Related Queries and ensure smoothness in Banking
• Activities and Visa Card Machines.
• Strong Hold on POS Configuration/Integration and its operations also liaising with the team to ensure Smooth Transactions.
• Strong Knowledge on Cost Control and Inventory Management.
• Plays a key role in negotiating and managing ongoing maintenance contracts for restaurant operations.

Experience :-

• 7–10 years of progressive accounting experience, including minimum 2–3 years in the F&B or restaurant industry.
• Demonstrated expertise in financial reporting, budgeting, forecasting, audit coordination, and statutory compliance.
• Proven experience with accounting Software/ERPs like QuickBooks, Oracle, SAP, or
• Strong hands-on knowledge of restaurant POS systems and their backend financial integration.
• Track record of managing multi-branch financial operations, cost control, payroll, and lease management.

Key Skills and Abilities :-

• Strong analytical and financial acumen with problem-solving orientation
• Proficiency in interpreting and presenting complex financial data in a simplified, business-friendly manner
• Clear, concise, and confident communication skills across functions and levels
• Multi-tasking and time-management skills in high-paced F&B operations
• Excellent negotiation, vendor management, and cross-functional collaboration capabilities

Educational Qualification :-

• Minimum Bachelor's Degree in Accounting/Finance
• Professional Qualification such as ACCA, CPA, CMA, CIMA, CA etc. will be highly preferred

Desired Candidate Profile

Please apply by attaching your CV only if you have relevant experience and qualifications.

Due to high volume of applications, only shortlisted candidates will be contacted.

Employment Type

Full Time

Company Industry

• Restaurants
• Catering
• Food Services

Department / Functional Area

• Accounts
• Taxation
• Audit
• Company Secretary

Keywords

• Reporting
• Budgeting
• Forecasting
• Accounting
• Payroll
• Point Of Sale
• Oracle ERP
• SAP
• Quickbooks
• Restaurant
• Food And Beverages Service
• Cost Control
• Cost Accounting
• VAT Return
• IFRS Reporting
• Accounts Receivable
• Inventory Control
• Working Capital

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