Finance Manager – Restaurant & Bar

DMC

Dubai

On-site

AED 600,000 - 900,000

Full time

6 days ago
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Benefits offered by this job

Competitive Salary
UAE Labor Law Benefits

Job summary

DMC is seeking a Finance Manager for a well-established hospitality group in Dubai. You will oversee the finance function across multiple outlets, driving consolidation, reporting, and control while ensuring regulatory compliance.

The role requires a robust background in hospitality finance, leadership of finance teams, and strong collaboration with procurement, operations, and external auditors. Dubai-based, on-site position with competitive compensation.

Qualifications

  • CPA, CMA, ACCA or equivalent accounting qualification.
  • 10–15 years of finance and accounting experience, preferably in hospitality.
  • 4–6 years UAE experience in established restaurant/bar environment.

Responsibilities

  • Prepare monthly/quarterly/annual financial statements (P&L, Balance Sheet, Cash Flow) for outlets and group.
  • Lead financial consolidation across profit centers; analyze variances by outlet/location.
  • Ensure UAE VAT, Corporate Tax, and labor-law compliance; liaise with auditors.
  • Oversee procurement, cash flow management, and bank relations; manage three-way matching.

Skills

Financial leadership
Compliance management

Education

CPA, CMA, ACCA or equivalent

Tools

ERP systems
POS system integration

Job description

We’re recruiting a Finance Manager to join one of our clients, a well-established hospitality organization based in Dubai, UAE.

About Our Client:

Our client is a well-established hospitality company based in Dubai, UAE, known for delivering high-quality dining experiences and exceptional service standards. The organization operates with a strong focus on culinary excellence, guest satisfaction, and innovation, offering a diverse range of concepts that cater to both local and international audiences.

Key Responsibilities:
  • Prepare monthly, quarterly, and annual financial statements, including P&L, Balance Sheet, and Cash Flow Statements, for each outlet and the group as a whole
  • Manage the financial consolidation of multiple profit centers and analyze performance variances across different outlets and locations
  • Oversee the administrative functions of the finance department while ensuring compliance with UAE VAT, Corporate Tax, and applicable UAE labor laws
  • Liaise with external auditors and ensure compliance with Dubai Municipality regulations and Department of Tourism and Commerce Marketing (DTCM) requirements
  • Manage cash flow, banking relationships, and payment gateway reconciliations, including POS system integration
  • Calculate the theoretical food and beverage cost for all menu items and conduct regular variance analysis between actual and theoretical costs to identify potential cost leakage
  • Implement strict control measures for high-value liquor inventory, including managing par levels, monitoring pour costs, and overseeing regular bar stock reconciliations
  • Regularly update recipe costs in the ERP system to reflect changes in market prices and supplier costs
  • Monitor and report on wastage, spoilage, and breakage, while implementing effective controls to minimize losses
  • Identify, evaluate, and negotiate with suppliers for food, beverages, including alcoholic beverages, and operational supplies
  • Develop and implement procurement strategies to secure high-quality products at competitive prices without compromising operational standards
  • Oversee the purchase order process, ensuring that all purchases are properly approved, received, and matched with invoices through a three-way matching process
  • Manage the procurement of alcoholic beverages, ensuring that all imports and purchases comply with Dubai Customs requirements and applicable alcohol licensing regulations
  • Lead, supervise, and mentor the finance, procurement, and store keeping teams to ensure efficient day-to-day operations
  • Establish and enforce strong internal control policies and procedures to prevent theft, fraud, financial irregularities, and misuse of company assets
Requirements
  • Qualified professional with CPA, CMA, ACCA, or an equivalent accounting qualification
  • Minimum 10–15 years of experience in finance and accounting, with strong experience in the restaurant and hospitality industry
  • Minimum 4–6 years of UAE experience in an established restaurant and bar environment
Benefits
  • Competitive Salary
  • Employee Benefits as per the UAE Labor Law
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