Senior Accountant - F&B Experience

HealthCare Dynamics Gen. Trading Company W.L.L; Herafi Ardiya; On-site; USD 40,000 - 60,000; Full time

Job summary

A leading trading company in Kuwait is seeking a Senior Accountant in the F&B / restaurant industry. This role involves overseeing financial activities, preparing financial statements, and ensuring compliance with accounting standards. The ideal candidate has over 5 years of experience in accounting, strong analytical skills, and expertise in cost control and financial reporting. Join a dynamic team and contribute to the success of the business.

Qualifications

• 5+ years of accounting experience, with at least 2 in the F&B / restaurant industry.
• Ability to work in a fast-paced, multi-unit environment.

Responsibilities

• Ensure timely and accurate closing of books.
• Monitor daily sales, discounts, and voids from POS systems.
• Coordinate monthly inventory counts with restaurant teams.

Skills

Analytical skills

Excel skills

Attention to detail

Organizational skills

Education

Bachelor’s degree in Accounting, Finance, or related field

Job description

Job Title: Senior Accountant – F&B / Restaurant Industry

Location: Ardiya

Department: Finance

Reports To: Finance Manager

Job Summary:

The Senior Accountant plays a critical role in managing and overseeing the financial activities of the F&B / restaurant business. This role involves preparing financial statements, maintaining general ledger accounts, performing monthly closings, and ensuring compliance with accounting standards and company policies. The ideal candidate will have a strong understanding of cost control, inventory accounting, and financial reporting within the F&B or hospitality industry.

Key Responsibilities:

1. Financial Reporting & General Accounting

• Ensure timely and accurate closing of books.
• Maintain general ledger and chart of accounts in accordance with IFRS/GAAP.
• Review and reconcile all balance sheet accounts.

2. Restaurant-Specific Accounting

• Monitor daily sales, discounts, and voids from POS systems.
• Manage revenue recognition and cost of sales.
• Reconcile and audit cash, credit card, and third-party delivery transactions.

3. Inventory & Cost Control

• Coordinate monthly inventory counts with restaurant teams and cost controller.
• Analyze food, beverage, and supply costs.
• Track wastage, spoilage, and ensure accurate COGS reporting.
• Work with procurement to validate pricing and vendor invoices.

4. Accounts Payable & Receivable

• Oversee invoice processing and vendor payments.
• Ensure timely collections and resolve AR issues.
• Maintain vendor relationships and resolve billing discrepancies.

5.Bank Reconciliation

Qualifications & Skills:

• Bachelor’s degree in Accounting, Finance, or related field.
• 5+ years of accounting experience, with at least 2 in the F&B / restaurant industry.
• Strong & Excellent analytical and Excel skills.
• Attention to detail, organizational skills, and a high degree of accuracy.
• Ability to work in a fast-paced, multi-unit environment.