Job Summary:

The Controller will plan and direct the accounting operations of the company. 

Supervisory Responsibilities:

·         Oversees the operations of the Accounting Department, which include accounts payable, accounts receivable, bank reconciliations, and payroll.

·         Oversees training programs and identifies training needs.

Duties/Responsibilities:

1.       Financial Reporting:

·         Prepare and present accurate financial reports, including profit and loss statements, balance sheets, and cash flow statements.

·         Analyze financial data to identify trends and make recommendations for improvements.

2.       Budgeting and Forecasting:

·         Develop annual budgets and forecasts in collaboration with the restaurant management team.

·         Monitor and control budget expenditures, ensuring adherence to financial goals.

3.       Cost Control:

·         Oversee inventory and cost management, including food, beverages, and labor costs.

·         Implement and maintain effective cost-control procedures to minimize waste and maximize profitability.

·         Conduct regular audits of inventory, labor costs, and vendor payments.

4.       Cash Flow Management:

·         Monitor cash flow and ensure the restaurant maintains adequate liquidity.

·         Ensure timely payment of bills and manage vendor relationships to maintain good credit terms.

5.       Payroll and Benefits Administration:

·         Oversee payroll processing, ensuring employees are paid accurately and on time.

·         Manage employee benefits, including health insurance, retirement plans, and paid time off.

6.       Compliance and Internal Controls:

·         Ensure the restaurant complies with all financial regulations, including tax reporting and payment.

·         Develop and implement internal controls to safeguard assets and prevent fraud or financial mismanagement.

7.       Vendor and Supplier Relations:

·         Negotiate with vendors for cost-effective purchasing agreements.

·         Ensure timely payment of suppliers and manage relationships to secure favorable terms.

8.       Financial Analysis:

·         Analyze financial statements to identify opportunities for increased efficiency and profitability.

·         Provide financial insights and recommendations to the management team for strategic decision-making.

9.       Team Leadership:

·         Lead and supervise accounting staff, if applicable.

·         Ensure that the team maintains accurate records and adheres to accounting principles and standards.

10.   Technology and Systems:

·         Manage financial software systems (e.g., accounting software, POS systems) and ensure they are up to date.

·         Implement new technologies

Required Qualifications:

·         Bachelor's degree in Accounting, Finance, or related field (CPA preferred but not required).

·         3+ years of experience in accounting or financial management, preferably in the hospitality or restaurant industry.

·         Proficiency with accounting software and Microsoft Excel.

·         Strong knowledge of financial regulations and accounting standards.

·         Excellent analytical skills and attention to detail.

·      Strong communication and interpersonal skills to work effectively with management and vendors.

 Key Competencies:

·         Ability to work under pressure in a fast-paced environment.

·         Strong problem-solving and decision-making abilities.

·         Strategic thinking with a focus on financial efficiency and profitability.

·         Leadership and team management skills.

 Physical Requirements:

·         Prolonged periods sitting at a desk and working on a computer.

·         Must be able to lift up to 15 pounds at times.

·         Able to travel as needed.