Accountant (Food Retail Industry) - Onsite - #35298

Manila Recruitment Limited; Pasay; On-site; PHP 420,000 - 640,000; Full time

Job summary

Manila Recruitment Limited is seeking an Accountant to oversee the accounting and financial monitoring for a single-branch store. The role involves maintaining accurate financial records, monitoring sales and inventory, and delivering regular reports and insights to management.

The ideal candidate has a Bachelor’s degree in Accounting or Finance with 2–3 years of relevant experience, preferably in retail or food service, and strong Excel/SAP skills. Willingness to travel for audits is required.

Qualifications

• Bachelor's degree in Accounting, Finance, or a related field.
• 2-3 years of relevant accounting experience.
• Retail/Food Industry experience strongly preferred.
• Experience handling sales, inventory, and store-level accounting is preferred.
• Proficient in Microsoft Excel and SAP Accounting software.

Responsibilities

• Manage day-to-day accounting activities for the branch, records daily sales, meal transactions, commissary deliveries, local purchases, utilities, rentals, and other financial transactions.
• Monitor and reconcile daily sales and collections.
• Review daily sales reports from all store locations.
• Track inventory movements, stock levels, and inventory costs; sorting costs for Food, Supplies, and Packaging on supplier invoices.
• Prepare monthly financial reports and account/bank reconciliations.
• Generate periodic financial reports for management review.
• Monitor expenses, payables, and other branch-related financial transactions.
• Assist in budgeting, forecasting, and financial analysis.
• Manage cash and check handling, supplier payments, payroll disbursement.

Education

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

2-3 years of relevant accounting experience

CPA license is not required

Tools

Excel

SAP Accounting

Job description

This is a great opportunity to join a growing company where you can develop your skills, gain valuable industry experience, and work with a professional team. Also offers an opportunity for career growth, exposure to different business operations, and the chance to build a long-term career with the company.

Company Profile:

Our client is a F&B franchise operator bringing food brands into the local market. It currently operates four established franchises.

Overall purpose and responsibilities of the role:

The Accountant will oversee the accounting and financial monitoring of a single-branch store. The role will be responsible for maintaining accurate financial records, monitoring sales and inventory, and providing management with regular financial reports and insights.

• Manage day-to-day accounting activities for the branch, records daily sales, meal transactions, commissary deliveries, local purchases, utilities, rentals, and other financial transactions
• Monitor and reconcile daily sales and collections
• Review daily sales reports from all store locations
• Track inventory movements, stock levels, and inventory costs. Sorting cost for Food, Supplies, and Packaging on supplier sales invoices and delivery receipts
• Monitor and reconcile store inventories.
• Updates inventory data sheets.
• Analyzes and reports movement in material prices in inventories and deliveries
• Prepare monthly financial reports and account/bank reconciliations
• Generate periodic financial reports for management review
• Monitor expenses, payables, and other branch-related financial transactions
• Identify and investigate discrepancies in sales, inventory, and cash records
• Assist in budgeting, forecasting, and financial analysis
• Manage cash and check handling, supplier payments (weekly and month-end), store fund replenishment and payroll disbursement
• Prepare monthly tax reports, process local and national tax payments, BIR compliances and ensure timely payroll remittances and compliance.
• Tax Planning and Direct Assistance.
• Ensure compliance with company financial policies
• Prepare financial statements and other required financial reports
• Formulation of Monthly Profit & Loss. Computes for food cost and paper cost.
• File and organize invoices and financial documents
• Conducts audit on cash, inventory (Weekly and mid-month) and fixed asset counts to ensure accuracy and accountability
• Ensure accurate and timely recording of all financial transactions
• Monthly rental billing computation.
• Coordinate with store managers and branch operations to ensure proper documentation, controls and financial matters
• Provide management with financial insights and recommendations to improve branch profitability
• Perform, Compile, record (bookkeeping), process, analyze old records for future reference and financial recording tasks.
• Maintain accurate records using SAP system and Excel applications
• Handle accounts payable and receivable processes
• Assist with month-end and year-end closing procedures
• Maintain communication with admin manager and managing director
• Weekly and mid-month-end inventory check/audit — reviewing stock and inventory at the store.
• Will occasionally travel to two branches to conduct account and inventory audits, approximately once a month or once every two months for the Cabanatuan branch.

• Bachelor's degree in Accounting, Finance, or a related field
• 2-3 years of relevant accounting experience
• Retail/Food Industry experience strongly preferred
• Previous experience with Franchise operation is an advantage.
• Experience handling sales, inventory, and store-level accounting is preferred
• Strong knowledge of Accounting principles and Financial reporting
• Experience in Payroll.
• Audit experience is required, preferably involving branch operations, accounts, or inventory.
• Proficient in Microsoft Excel (Required) and SAP Accounting software (Highly preferred but not required)
• xperience with inventory management systems
• Familiarity with banking applications and online portals
• Detail-oriented and highly organized
• Flexible and reliable
• Excellent communication skills for coordination with store staff
• Ability to work independently and take initiative
• Problem-solving and analytical thinking capabilities
• CPA license is not required

Job type: Permanent

Emp type: Full-time

Schedule: Monday - Friday, 9:00 AM to 5:00 PM

• Flexibility required for month-end and inventory periods and payroll Computation and release
• Must be willing to receive calls after office hours

Location: NAIA terminal 3 Fast Food Branch and office (TBA)

Industry: Food & Beverage Franchise Industry

Expertise: Accountant (Payroll, Tax, Inventory)