Financial Controller for F&B Operations

10 hours ago


Kuwait City, Al Asimah Neqsa Catering Full time
Job Description
For a Financial Controller position in our F&B Central Kitchen, we are seeking an experienced professional to oversee financial activities and ensure accurate financial reporting.

About the Role
The Senior Accountant will play a vital part in managing budgets, analyzing financial data, and providing actionable insights to support profitability and operational efficiency of the kitchen. Key responsibilities include:

Key Responsibilities:
Financial Management: Prepare, analyze, and present monthly, quarterly, and annual financial statements. Maintain accurate records of all financial transactions and ensure compliance with local accounting standards and regulations.
Cost Control & Analysis: Develop and monitor budgets for kitchen operations and production. Conduct detailed cost analysis for food and beverage items to identify areas for cost reduction and efficiency. Collaborate with the Cost Controller to review and manage production costs and pricing strategies.
Inventory & Fixed Assets: Monitor inventory accounting, ensuring proper valuation and reporting. Oversee fixed asset tracking, depreciation, and capital expenditure planning.
Audit & Compliance: Coordinate with internal and external auditors to ensure compliance with financial regulations.
System Management: Utilize accounting software such as Mycrosis or other ERP systems for financial management and reporting. Ensure accurate data entry and reconciliation within the system.
Financial Planning: Prepare financial forecasts, cash flow analysis, and risk assessments. Provide strategic insights and recommendations to senior management based on financial performance.
Reporting: Generate financial reports for stakeholders, highlighting key metrics and performance indicators. Work closely with the CFO or Finance Manager to provide insights for decision-making.

Requirements
To be successful in this role, you should have:

Qualifications:
- Bachelor's degree in Accounting, Finance, or a related field (CPA or equivalent certification is a plus).
- Minimum of 5 years in accounting roles, preferably within the F&B or hospitality industry.

Skills:
- Proficiency in accounting software (e.g., Mycrosis, Quick Books, or ERP systems).
- Strong knowledge of financial regulations, tax laws, and cost control practices.
- Excellent analytical, problem-solving, and communication skills.
- Advanced proficiency in Microsoft Excel and other financial tools.

Language: Proficiency in English.

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