Restaurant Financial Controller

Emapta Global; Colombia; Remote; COP 162,680,982 - 325,361,964; Full time

Benefits offered by this job

20 vacation days

Work from home arrangement

Fully-customized Emapta laptop

Unlimited upskilling through Emapta Academy

Job summary

An established industry leader in hospitality is seeking a Restaurant Financial Controller to drive financial growth and ensure compliance. In this pivotal role, you will oversee financial reporting, budgeting, and cash management, playing a crucial part in optimizing financial performance. Join a dynamic team dedicated to transforming dining experiences and enjoy the benefits of a supportive work environment with opportunities for professional development. If you have a passion for finance and a strong understanding of restaurant operations, this is your chance to make a significant impact in a thriving organization.

Qualifications

• 2+ years of experience in accounting and financial planning.
• Strong understanding of restaurant operations and industry accounting.

Responsibilities

• Oversee financial reporting, budgeting, and cash management.
• Ensure compliance with tax laws and manage accounting operations.

Skills

Accounting

Financial Planning

Budgeting

Cash Flow Management

Financial Reporting

Restaurant Operations Knowledge

Education

Bachelor's Degree in Accounting or Finance

Job description

Get AI-powered advice on this job and more exclusive features.

From Spreadsheets to Sizzling Profits – Keep Hospitality Finances in Check

Rooted Hospitality Group turns big ideas into beloved restaurants, creating spaces where warmth, flavor, and hospitality come together seamlessly. With an award-winning portfolio, RHG revitalizes underperforming properties and transforms them into bustling culinary hotspots. Every plate tells a story, every guest feels at home—be part of an industry leader shaping the future of dining.

Job Description

As a Restaurant Financial Controller, you will oversee financial reporting, budgeting, and cash management to drive business growth. You’ll ensure compliance with tax laws, manage accounting operations, and analyze financial data to support strategic decisions. Your expertise will be key in optimizing financial performance and maintaining the fiscal health of the organization.

Job Overview

Employment type: Indefinite Term Type Contract

Shift: Monday – Friday 8:00 AM – 5:00 PM EST

Work setup: Remote/Work From Home

• 5 days work week
• Work from home arrangement
• 20 vacation days in total
• Fully-customized Emapta laptop and peripherals
• Indefinite term type contract
• Direct exposure to our clients
• Diverse and supportive work environment
• Unlimited upskilling through Emapta Academy courses

The Qualifications We Seek

• Minimum of 2 years of experience in accounting.
• Minimum of 2 years of experience in financial planning, including budgeting, forecasting, and cash flow management.
• Strong understanding of restaurant operations, financial management, and industry-specific accounting principles.

Your Daily Tasks

Financial Reporting and Analysis

• Oversee the preparation of accurate and timely financial statements.
• Analyze financial data, identify trends, and provide insights for decision-making.
• Develop and maintain financial reporting systems and processes.

Accounting Operations

• Supervise accounting team activities to ensure timely completion of financial tasks.
• Manage lease agreements, property taxes, and insurance policies for all restaurant locations.
• Oversee prepaid expenses, ensuring proper scheduling and allocation across periods.
• Maintain mortgage schedules and update journal entries for mortgage payments and escrow transactions.
• Conduct bank reconciliation processes for multiple operating and savings accounts.
• Compile, calculate, file, and remit sales tax payments to state and local authorities.
• Complete NYS PTET requirements, including:
• Annual elections
• Quarterly estimated payments
• Annual extensions
• Annual returns

Budgeting and Forecasting

• Develop and manage organizational budgets.
• Monitor budget performance and prepare financial forecasts.
• Analyze budget variances and provide recommendations for adjustments.

Compliance

• Ensure compliance with accounting standards, tax laws, and industry regulations.
• Stay updated on labor, payroll, HR, business, and tax laws within the restaurant industry.
• Coordinate internal and external audits, including workers' compensation, insurance, and tax audits.
• Manage annual business filings, including reports with applicable state departments.

Cash Management

• Monitor and manage cash flow across all checking and savings accounts.
• Oversee weekly bank transfers for intercompany balances and payroll clearing accounts.
• Manage monthly bank transfers for gift card activity across locations.
• Optimize cash balances and investment opportunities.

Investor Relations

• Calculate and prepare investor distributions.
• Maintain and update investor contact lists across systems.
• Distribute K-1s to investors annually.
• Respond to investor inquiries and provide financial updates.

Year-End Responsibilities

• Review, prepare, and file 1099 forms for all entities.
• Prepare Fixed Asset Schedules and reconcile balance sheet accounts.
• Generate and review gift card reports.
• Coordinate and review necessary payroll and financial reports for CPAs.
• Provide financial data and collaborate with CPAs for annual tax filings.

Your Future Team at Emapta Latam

Join Emapta Latam and contribute to our legacy of transforming global outsourcing. Since 2010, Emapta has pioneered personalized outsourcing solutions, empowering businesses to thrive with bespoke teams and seamless integration. Our commitment to excellence is reflected in our state-of-the-art facilities, competitive compensation, and a supportive work environment that fosters professional growth. With over 900 clients worldwide and a team of more than 10,000 talented professionals, Emapta continues to set new standards in the industry. Apply now to be part of our success story in Colombia, where your skills are valued, and your career ambitions are supported.

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