Financial Business Controller

Artfarm; New York (NY); On-site; USD 150,000 - 175,000; Full time

Job summary

A leading company in the hospitality sector is seeking a Business Controller to provide financial guidance to restaurant General Managers. This role involves ensuring compliance with accounting principles, preparing financial reports, and collaborating on strategic plans. The ideal candidate will have a CPA, CMA, or CFA, and experience in restaurant accounting is preferred. This position offers a competitive salary and benefits, including PTO and 401k matching.

Benefits

PTO - 30 days per year

Holidays

Sick Days

401k + Matching

Paid Family Bonding

Cell Phone Reimbursements

Discounts at all properties globally

Employee Assistance Programs

Qualifications

• CPA, CMA, or CFA required.
• Experienced in hospitality/restaurant accounting is a plus.

Responsibilities

• Provide financial guidance to General Managers.
• Report weekly performance and provide month-end reports.
• Partner with site stakeholders for annual budget and forecasts.

Skills

Problem solving

Excel

Education

Bachelor's degree in accounting

Master's degree in business

Tools

Dynamics (Business Central)

inventory management software

Job description

1 week ago Be among the first 25 applicants

Responsible for: The Business Controller provides financial guidance and advice to General Managers to help build a successful, long term, cost efficient and sustainable business. The Business Controller acts as the first point of contact for all financial aspects in relation to the US Artfarm restaurants and liaises with the relevant Finance Team members to resolve issues and provide guidance.

Reports to: Director of Commercial Finance

Essential Job Functions

• Report weekly performance and commentary highlighting significant issues, focusing on leading indicators such as business on the books.
• Provide accurate and timely month end reports in line with Artfarm accounting principles and US accounting compliance requirements.
• Provide the board commentary from the operations teams on financials and KPIs against forecasts, budget, and the prior year.
• Liaise with head office to ensure policies and procedures are followed to safeguard reporting, audits, and mitigate risks.
• Partner with site stakeholders to produce the annual budget and quarterly forecasts, including commentary on financials and key drivers.
• Act as an interface between the UK and the US on financial reporting and business performance.
• Partner with the Operations teams to produce 5-year strategic plans including relevant commentary and analysis for the Board.
• Provide cashflow forecasting and analysis as required.
• Provide ad hoc reporting and analysis as required to support the management of the business.
• Provide business cases and investment appraisal for any new ventures as required.
• Partner with third party accounting team to monitor capital expenditure and undertake any post-project appraisal as required.
• Assist on finance system maintenance, implementations, integrations, or other special projects.
• Assist the finance team in the continuous improvement of financial systems and processes.
• Provide information to external auditors during annual audit as required.
• Maintaining the chart of accounts.
• Responsibility for providing financial information to streamline insurance portfolio
• Provide external landlord with turnover audit information regarding rental invoicing
• Oversee 3 rd party accountants in submitting corporation tax and sales tax returns in multiple jurisdictions
• Work with control team to roll out US FPPMs
• Partner with third party accountants for balance sheet reconciliations.
• Liaise with relevant system owners (e.g. booking systems, F&B systems) to ensure reporting is accurately captured and fed into the relevant databases.
• The role has no direct reports but will liaise closely with the a third party accounting team, an internal transaction processing team, and a commercial finance support team.

Additional Job Functions:

• Aid the General Manager of each restaurant in accountability for the financial performance of each site.
• Provide training and assistance to all departments so that all understand finance expectations

Requirements:

·CPA, CMA, or CFA

·Bachelor's degree or master's degree in accounting, business, economics, finance, or related field

·Experienced in a hospitality/restaurant accounting, is a plus.

·Familiarity with US corporate structuring and transfer pricing requirements

·Problem solving mindset and capabilities

·Expert in Excel

·Familiarity with Dynamics (Business Central) and inventory management softwares

Salary Range: $150,000 - $175,000, plus bonus opportunity

• PTO - 30 days per year
• Holidays
• Sick Days
• 401k + Matching
• Paid Family Bonding
• Cell Phone Reimbursements
• Discounts at all properties globally
• Employee Assistance Programs

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

• Industries

  Hospitality

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