F&B Finance & Accounting Specialist

This is a fully remote position, open to applicants in Jordan.

📋 Description

• Prepare and review monthly, quarterly, and annual financial statements, including profit and loss, balance sheet, and cash flow statements.

• Conduct financial forecasting, budgeting, and variance analysis.

• Monitor food costs, labor expenses, and gross profit margins.

• Analyze operational costs and pinpoint areas for enhancement.

• Execute cost-saving initiatives and implement financial controls.

• Collaborate with kitchen and procurement teams to optimize food inventory and minimize waste.

• Oversee accounts payable/receivable, payroll, and tax compliance.

• Ensure adherence to relevant sales tax, health regulations, and labor laws.

• Maintain precise financial records in accordance with accounting standards.

• Monitor cash flow and manage liquidity, including banking relationships, loans, and credit facilities.

• Create cash flow forecasts and manage working capital needs.

• Implement and maintain effective restaurant inventory management systems.

• Work closely with purchasing to align product pricing and vendor partnerships with financial objectives.

• Assist management in formulating long-term financial strategies.

• Provide financial insights for menu pricing, expansions, and capital investments.

• Develop financial models for new projects, renovations, or marketing campaigns.

• Collaborate with operations and kitchen teams to ensure alignment of financial and operational objectives.

• Train restaurant staff on budgeting, invoice management, and cost control practices.

• Ensure timely payroll processing and accurate compensation for employees.

⛳️ Requirements

• Bachelor's degree in Accounting, Finance, or a related discipline.

• A minimum of 3-5 years of experience in accounting or financial management, ideally within the hospitality or restaurant sector.

• Strong proficiency in accounting software and point-of-sale systems.

• Advanced skills in Microsoft Excel and financial modeling.

• Comprehensive understanding of restaurant operations, food costing, and inventory management.

• Familiarity with financial regulations and tax laws specific to the hospitality industry.

• Exceptional analytical, problem-solving, and organizational abilities.

• Strong attention to detail and capability to meet deadlines in a fast-paced setting.

• Excellent interpersonal and communication skills.

• Preferred: experience with restaurant management software (e.g., Toast, Square, Upserve).

• Preferred: prior experience managing multiple restaurant locations or a chain of restaurants.

🏝️ Benefits

• Comprehensive health and wellness benefits.

• Opportunities for career advancement and professional development.

• Employee discounts on food and beverages.

• Flexible scheduling options.