Restaurant Accountant

T&T Lounge Restaurant LLC; Dubai; In loco; AED 150.000 - 240.000; Tempo pieno

Descrizione del lavoro

T&T Lounge Restaurant LLC in Dubai seeks a diligent Restaurant Accountant to handle daily transactions, monitor sales channels, and maintain accurate records. The role includes AP/AR duties, payroll-related entries, VAT compliance, and monthly closings to support management with financial insight.

The ideal candidate has 3–5 years in restaurant accounting, strong Excel and software skills, and is detail-oriented with good organizational abilities to meet deadlines.

Competenze

• Bachelor's degree in Accounting, Finance, or a related field.
• Minimum 3–5 years of accounting experience, preferably in restaurant/hospitality.
• Strong knowledge of restaurant accounting, AP, AR, and general ledger.
• POS reconciliation, inventory costing, food cost monitoring, and supplier account reconciliation.
• Good understanding of UAE VAT regulations and accounting practices.
• Proficient in Microsoft Excel and accounting software.
• Strong analytical, organizational, and problem-solving skills.
• High attention to detail, integrity, and ability to meet reporting deadlines.
• Ability to work independently and coordinate with operations and management.

Mansioni

• Manage daily accounting transactions of the restaurant with accurate records.
• Monitor daily sales, cash collections, card transactions, and online platform sales.
• Reconcile sales reports with POS, bank deposits, and online statements.
• Handle AP including supplier invoices, payments, and reconciliations.
• Manage AR including corporate accounts, events, and collections.
• Prepare and monitor supplier payments per terms and procedures.
• Monitor food and beverage costs, inventory movements, and wastage.
• Assist in monitoring gross profit margins and operating expenses.
• Coordinate with manager and purchasing team for purchases and approvals.
• Review POs, supplier quotes, delivery notes, and invoices for accuracy.
• Prepare monthly financial reports: P&L, sales, expenses, cash flow.
• Monitor operating expenses, payroll, utilities, petty cash, overheads.
• Assist monthly closings: accruals, prepayments, provisions, reconciliations.
• Record employee salaries, overtime, leaves, end-of-service benefits.
• Maintain audit-ready records and supporting documents.
• Ensure UAE VAT compliance and assist with VAT returns.

Conoscenze

Restaurant accounting

Accounts Payable

Accounts Receivable

General ledger

POS reconciliation

Inventory costing

Food cost monitoring

VAT regulations

Analytical skills

Organizational skills

Problem-solving skills

Formazione

Bachelor's degree in Accounting, Finance, or a related field

Strumenti

Microsoft Excel

Accounting software

Descrizione del lavoro

Restaurant Accountant

Job Responsibilities:

• Manage the daily accounting transactions of the restaurant, ensuring accurate and timely recording of all financial activities.

• Monitor daily sales, cash collections, credit card transactions, online delivery platform sales, and other revenue streams.

• Reconcile daily sales reports against POS records, bank deposits, cash collections, and online delivery platform statements.

• Handle Accounts Payable (AP), including supplier invoices, payment processing, supplier reconciliations, and monitoring outstanding balances.

• Manage Accounts Receivable (AR), including corporate accounts, event bookings, customer collections, and outstanding receivables.

• Prepare and monitor supplier payments, ensuring compliance with approved payment terms and company procedures.

• Monitor food and beverage costs, inventory movements, wastage, and cost of sales.

• Assist in monitoring food cost percentages, gross profit margins, and operating expenses.

• Coordinate with the restaurant manager and purchasing team to ensure proper documentation and approval of purchases and expenses.

• Review purchase orders, supplier quotations, delivery notes, and invoices to ensure accuracy and completeness.

• Prepare monthly financial reports, including Profit and Loss statements, sales reports, expense analysis, and cash flow reports.

• Monitor restaurant operating expenses, payroll, staff benefits, utilities, petty cash, and other overhead costs.

• Assist in monthly closing activities, including accruals, prepayments, provisions, and bank reconciliations.

• Ensure proper recording of employee salaries, overtime, leave salaries, end-of-service benefits, and other payroll-related expenses.

• Maintain accurate accounting records and supporting documents for audit and management review.

• Ensure compliance with UAE VAT regulations and assist in VAT return preparation and reconciliation.

• Monitor restaurant cash flow and provide regular updates on financial performance and outstanding supplier payments.

• Perform other accounting and finance-related duties as assigned by management.

Desired Candidate Profile

• Bachelor's degree in Accounting, Finance, or a related field.

• Minimum 3–5 years of accounting experience, preferably in the restaurant, hospitality, or food and beverage industry.

• Strong knowledge of restaurant accounting, Accounts Payable, Accounts Receivable, and general ledger functions.

• Experience in POS reconciliation, inventory costing, food cost monitoring, and supplier account reconciliation.

• Good understanding of UAE VAT regulations and accounting practices.

• Proficient in Microsoft Excel and accounting software.

• Strong analytical, organizational, and problem-solving skills.

• High attention to detail, integrity, and ability to meet reporting deadlines.

• Ability to work independently and coordinate effectively with restaurant operations and management.