Job Summary
The Finance Manager is responsible for overseeing the financial operations of the Food & Beverage business, ensuring accurate financial reporting, cost control, and compliance with company policies. The role supports management in financial planning, budgeting, and strategic decision-making to improve profitability and operational efficiency.
Key Responsibilities
- Manage and oversee the daily operations of the finance department including accounts payable, accounts receivable, general ledger, and cash flow management.
- Prepare monthly, quarterly, and annual financial reports and present them to management.
- Monitor food cost, beverage cost, and operational expenses to ensure they are within budget.
- Develop and manage annual budgets and financial forecasts.
- Analyze financial performance and provide recommendations to improve profit margins and cost efficiency.
- Ensure compliance with tax regulations, accounting standards, and company policies.
- Work closely with operations, procurement, and store managers to control costs and optimize inventory.
- Oversee inventory valuation and stock control for food and beverage items.
- Manage cash handling procedures and internal financial controls.
- Coordinate with external auditors, tax agents, and banks when necessary.
- Supervise and guide the finance team to ensure accurate and timely financial processes.