F&B Accountant

Domo Ventures W.L.L.; Manama; On-site; BHD 20,000 - 35,000; Full time

Job summary

A prominent company in Bahrain is seeking an experienced F&B Accountant to manage financial records and ensure compliance with regulations. The ideal candidate will have a bachelor's degree in accounting, 7+ years of experience in the food and beverage sector, and proficiency in accounting software. This role involves preparing financial statements and collaborating with various departments to ensure financial accuracy.

Qualifications

• Minimum of 7 years of accounting experience in food and beverages sectors.
• In-depth knowledge of accounting principles and standards.
• Professional accounting certification preferred.

Responsibilities

• Manage and maintain accurate financial records and ledgers.
• Prepare monthly, quarterly, and annual financial statements.
• Ensure compliance with financial regulations and standards.
• Conduct financial analysis to support business planning.

Skills

Financial record management

Accounting principles

Financial analysis

Budgeting and forecasting

Professional accounting certification

Education

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

CPA, CMA preferred

Tools

Accounting software

MS Office Suite

Job description

We're hiring for our prestigious client in Bahrain.

Position: F&B Accountant

The Accountant will work closely with the Corporate management along with HR department and take responsibility for performing the day-to-day tasks associated with recording and analyzing various entries related to the financial statements for multiple restaurant locations.

Responsibilities

• Manage and maintain accurate financial records and ledgers.
• Prepare monthly, quarterly, and annual financial statements and reports.
• Ensure compliance with financial regulations and standards.
• Handle tax filings and liaise with auditors.
• Conduct financial analysis to support business planning and decision-making.
• Monitor cash flow and manage accounts payable/receivable.
• Assist in budgeting and forecasting activities.
• Collaborate with HR department to facilitate salaries.
• Manage Tamkeen, Sio and LMRA payments with collaboration of HR Department.
• Collaborate with other departments to ensure financial accuracy and efficiency.

Qualifications

• Bachelor's degree in Accounting, Finance, or a related field.
• Professional accounting certification (e.g., CPA, CMA) preferred.
• Minimum of 7 years of accounting experience in Food and beverages sectors (Fine dining restaurants).
• In-depth knowledge of accounting principles and standards.
• Proficient with accounting software and MS Office Suite.