Job Description
About the Company
The Financial Controller is responsible for overseeing all financial operations of the restaurant group, ensuring accuracy in accounting, budgeting, and financial reporting. This role plays a key part in maintaining fiscal health, optimizing profitability, and supporting leadership with actionable financial insights to drive business growth.
About the Role
The Financial Controller is responsible for overseeing all financial operations of the restaurant group, ensuring accuracy in accounting, budgeting, and financial reporting. This role plays a key part in maintaining fiscal health, optimizing profitability, and supporting leadership with actionable financial insights to drive business growth.
Responsibilities
- Financial Management & Reporting
- Oversee all accounting operations, including accounts payable, receivable, payroll, and general ledger.
- Prepare accurate and timely financial statements, P&L reports, and cash flow projections.
- Monitor daily sales and reconcile bank deposits and credit card transactions.
- Develop and maintain internal controls to safeguard assets and ensure compliance with company policies.
- Manage month-end and year-end closing processes.
- Budgeting & Forecasting
- Develop annual operating budgets and rolling forecasts for multiple restaurant locations.
- Monitor financial performance against budgets and identify areas of variance.
- Provide data-driven recommendations to improve profitability and cost efficiency.
- Cost Control & Analysis
- Oversee food, beverage, and labor cost analysis in coordination with operations and kitchen management.
- Review vendor pricing, invoices, and contracts to ensure cost effectiveness.
- Implement and maintain systems for inventory tracking and waste reduction.
- Compliance & Audit
- Ensure compliance with local, state, and federal tax regulations.
- Coordinate with external auditors, accountants, and tax advisors as needed.
- Maintain all necessary business licenses and permits.
- Leadership & Collaboration
- Supervise and mentor accounting and finance staff.
- Collaborate closely with General Managers and Ownership on financial planning and performance strategies.
- Communicate financial results and insights to stakeholders clearly and effectively.
Qualifications
- Bachelor’s degree in Accounting, Finance, or related field (CPA preferred).
- 5+ years of progressive accounting experience, ideally in hospitality or multi-unit restaurant operations.
- Strong knowledge of restaurant accounting systems (e.g., QuickBooks, Restaurant365, or similar).
- Excellent analytical, organizational, and problem-solving skills.
- Advanced proficiency in Excel and financial modeling.
- Strong interpersonal and communication abilities.
Required Skills
- Strong knowledge of restaurant accounting systems (e.g., QuickBooks, Restaurant365, or similar).
- Excellent analytical, organizational, and problem-solving skills.
- Advanced proficiency in Excel and financial modeling.
- Strong interpersonal and communication abilities.
Preferred Skills
- 5+ years of progressive accounting experience, ideally in hospitality or multi-unit restaurant operations.
- Bachelor’s degree in Accounting, Finance, or related field (CPA preferred).