| Job Location | Al Kuwait, Kuwait |
| Education | Not Mentioned |
| Salary | $2,000 - $3,000 |
| Industry | Catering, Food Service, & Restaurant - Food & Beverage Production |
| Functional Area | Not Mentioned |
Role Objective:The primary objective of a Senior Financial Analyst (SFA) is to provide an accurate and insightful financial analysis that supports strategic decision-making, drives financial performance, and ensures the organization's financial health. Key Responsibilities & Accountabilities1. Financial AnalysisAnalyze financial data to provide insights into business performance.Prepare detailed variance analyses, comparing actual performance against budgets and forecasts.Conduct profitability analyses for projects, products, or departments.Assess menu performance, identify high-margin items, and recommend pricing strategies.2. Budgeting and ForecastingAssist in preparing annual budgets and periodic forecasts.Collaborate with various departments to ensure accurate and realistic projections.Monitor budget adherence and recommend corrective actions as necessary.3. Financial ReportingPrepare monthly, quarterly, and annual financial reports for management and stakeholders.Consolidate financial data from multiple sources while ensuring accuracy.Support compliance with internal and external reporting standards.4. Strategic PlanningDevelop financial models to support decisions on business expansion, investments, or cost-saving initiatives.Contribute to long-term financial planning and strategy development.Identify risks and opportunities based on financial trends.5. Cost ManagementAnalyze costs and identify opportunities for reduction or efficiency improvement.Develop financial strategies to optimize resource allocation.6. Business PartneringCollaborate with operations, marketing, and other departments to provide financial insights and support.Act as a trusted advisor to leadership for financial decision-making.7. Compliance and Risk ManagementEnsure compliance with company policies, accounting standards (e.g., GAAP or IFRS), and regulatory requirements.Support internal and external audits.Identify financial risks and propose mitigation strategies.Knowledge: 1. Expertise in food cost management, labor cost analysis, and other controllable expenses 2. Advanced accounting background for the day to day operations in a restaurant. 3. Ability to analyze complex data. 4. Strong quantitative and analytical competency System skills required: 1. Oracle Fusion ERP 2. MS Word/MS Excel/Power point skills 3. Restaurant POS SystemsEducation/Qualifications:1. Bachelor?s degree in finance/accounting 2. CA/ACCA/CPA Experiences:1. 3?5 years in the F&B industry or a similar customer-focused, high-volume industry. 2. Minimum of 2 years of experience in FA/SFA position 3. Proven work experience in a quantitatively heavy role
Keyskills :
© 2023 HireeJobsGulf All Rights Reserved
