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F&B Senior Accountant

2.00 to 5.00 Years   Dubai, United Arab Emirates   23 Sep, 2024
Freshii
1Preferred Candidate Jobs Openings
Job LocationDubai, United Arab Emirates
EducationBachelor's degree / higher diplomaEducationAccounting
SalaryNot Mentioned
IndustryAccounting; Food & Beverage Production; Hospitality & Accomodation
Functional AreaNot Mentioned

Job Description

F&B (RESTAURANT) EXPERIENCE IS A MUST!!!The ideal candidate will have substantial exposure to monthly closing processes, forecasting and budgeting, and customer billing. They will be organized and approach each issue with an analytical mindset.

  • MUST HAVE AT LEAST 2 YEARS RESTAURANT EXPERIENCE IN DUBAI
  • Prepare and maintain accurate financial records, including general ledger entries, bank reconciliations, and accounts payable and receivable.
  • Prepare and present monthly quarterly, and annual financial reports to management, including profit and loss statements, balance sheets, and cash flow statements.
  • Analyze financial data to identify trends, variances, and areas for improvement.
  • Develop and implement financial policies and procedures to ensure compliance with relevant laws, regulations, and accounting standards.
  • Coordinate with other departments to ensure the accuracy and completeness of financial data, including inventory management and cost of goods sold.
  • Oversee the preparation of VAT Filing and ensure compliance with laws and regulations.
  • Manage the accounts payable, including vendor payments.
  • To ensure ERP is used in the proper manner and as per best practices.
  • Ensure the accuracy and completeness of payroll records and oversee the payroll process.
  • Train and supervise accounting staff, providing guidance and support as needed.
  • Respond to all queries related to financial matters.
  • Assist in the preparation of yearly budgets.
  • Reconciles assigned balance sheet accounts, such as inventories, prepaid deposits, and sub-tenant receivables; reconciles subsystem with General Ledger.
  • Responsible to prepare cash flow on a fortnightly basis to ensure the funds.
  • Preparation of MIS report to monitor the efficiency of performance.

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