Senior Finance Manager
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. The role supports management in financial planning, budgeting, and strategic decision-making to improve profitability and operational efficiency. It involves managing the finance department, supervising staff, and working closely with operations to optimize inventory and costs.
Responsibilities
- Manage daily finance operations
- Prepare financial reports and budgets
- Monitor F&B costs and expenses
- Ensure tax and policy compliance
- Supervise finance team
Required Skills
- Bachelor’s in Finance/Accounting
- 5-8 years of finance experience
- F&B/Hospitality industry knowledge
- Cost control and inventory management
- Accounting software and MS Excel proficiency
Job Details
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.
Requirements:
- Bachelor’s Degree in Finance, Accounting, or related field.
- Professional certification such as ACCA, CPA, or equivalent is an advantage.
- Minimum 5–8 years of experience in finance or accounting, preferably in the F&B, hospitality, or retail industry.
- Strong knowledge of cost control, inventory management, and financial analysis.
- Proficiency in accounting software and Microsoft Excel.
- Strong leadership, communication, and problem-solving skills.