Finance Manager

Panna Hospitality Group; Jakarta Pusat; On-site; IDR 180,000,000 - 300,000,000; Full time

Job summary

Panna Hospitality Group in Jakarta is seeking an experienced Finance & Accounting professional to oversee cost control, financial reporting, and multi-outlet finance operations across our venues. You will drive accuracy in COGS analysis, menu costing, budgeting, and monthly closings while mentoring the finance team.

The role requires coordinating with Operations, Purchasing, Warehouse, and Outlet Managers to ensure financial discipline, regulatory compliance, and optimal profitability in a

Qualifications

• 3–5 years of progressive experience in Finance and Accounting, preferably within F&B, hospitality, retail, or multi-outlet businesses.
• Experience in budgeting, forecasting, cash flow, P&L reporting, COGS analysis, inventory control, and monthly closing.
• Strong cost-control, food cost, labour cost, and operating expense monitoring with variance analysis.
• Able to prepare accurate financial reports and provide actionable insights to improve profitability.
• Experience coordinating with Operations, Purchasing, Warehouse, and Outlet Managers.

Responsibilities

• Monitor costs across all outlets.
• Review daily sales, purchases, stock movements, wastage, and variances.
• Ensure recipe costing, menu costing, and selling prices are accurate and updated.
• Conduct stock opname and investigate discrepancies with Outlet, Warehouse, and Purchasing teams.
• Analyse COGS, food cost percentage, gross profit, and operating expenses; identify cost-saving opportunities.
• Verify supplier invoices, purchase orders, goods receipts, and inventory records for accuracy and compliance.
• Prepare weekly and monthly cost-control reports, including variance analysis and recommendations.
• Support budget preparation, forecasting, and monthly financial closing.
• Maintain cost-control SOPs and ensure outlets follow approved portioning, recipe, and inventory procedures.
• Collaborate with Finance, Operations, Procurement, and Outlet Managers to improve profitability and cost efficiency.

Skills

Cost control

Food cost

Labour cost

P&L reporting

Variance analysis

Budgeting

Forecasting

Inventory control

Financial reporting

Tools

Excel

POS systems

Inventory management systems

Accounting software

Job description

Responsibilities

• Monitor food, beverage, packaging, and operational costs across all outlets.
• Review daily sales, purchases, stock movements, wastage, and inventory variances.
• Ensure recipe costing, menu costing, and selling prices are accurate and updated.
• Conduct regular stock opname and investigate discrepancies with Outlet, Warehouse, and Purchasing teams.
• Analyse COGS, food cost percentage, gross profit, and operational expenses; identify cost-saving opportunities.
• Verify supplier invoices, purchase orders, goods receipts, and inventory records for accuracy and compliance.
• Prepare weekly and monthly cost-control reports, including variance analysis and recommendations.
• Support budget preparation, forecasting, and monthly financial closing.
• Maintain cost-control SOPs and ensure outlets follow approved portioning, recipe, and inventory procedures.
• Collaborate with Finance, Operations, Procurement, and Outlet Managers to improve profitability and cost efficiency.

Requirements

• Minimum 3–5 years of progressive experience in Finance and Accounting, preferably within F&B, hospitality, retail, or multi-outlet businesses.
• Proven experience managing budgeting, forecasting, cash flow, P&L reporting, COGS analysis, inventory control, and monthly financial closing.
• Strong understanding of cost control, food cost, labour cost, operational expense monitoring, and variance analysis.
• Able to prepare accurate financial reports and provide actionable insights to improve outlet profitability and operational efficiency.
• Experience coordinating with Operations, Purchasing, Warehouse, and Outlet Managers to ensure financial compliance and cost discipline.
• Proficient in Microsoft Excel or Google Sheets, including pivot tables, advanced formulas, and financial modelling.
• Familiar with accounting software, POS systems, inventory management systems, and multi-outlet reporting.
• Able to lead, mentor, and supervise finance/accounting team members.
• Comfortable working in a fast-paced environment with multiple priorities and strict reporting deadlines.