F&b Accountant and Financial Controller
3 days ago
**Job Title**:
**F&B Accountant and Financial Controller**
**Reports To**:
Owner / General Manager
**Location**:
Qatar (Head Office / Central Kitchen)
**Purpose of the Role**
To oversee all financial aspects of multiple F&B outlets, ensuring accurate accounting, effective cost control, and compliance with internal policies. The position bridges accounting and financial control to deliver precise reporting, maintain profitability, and support strategic business decisions.
**Key Responsibilities1. Accounting and Bookkeeping**
- Maintain daily accounting records across all outlets and brands.
- Prepare and post journal entries for sales, purchases, expenses, and payroll.
- Reconcile POS sales with bank and cash deposits daily.
- Record supplier invoices, petty cash, and inter-company transactions.
- Manage monthly closings and trial balances.
**2. Financial Control and Analysis**
- Prepare monthly financial statements (P&L, balance sheet, cash flow).
- Track revenue, cost of goods sold (COGS), labor costs, and operating expenses.
- Conduct variance analysis and provide insights to management.
- Monitor outlet performance and profitability by location.
- Ensure adherence to budgets and highlight deviations.
**3. Costing and Inventory**
- Maintain up-to-date product costing sheets and ensure accuracy of recipe costing.
- Coordinate with outlet managers for monthly stock counts.
- Investigate variances between physical and system inventory.
- Recommend measures to reduce wastage and improve margins.
**4. Compliance and Reporting**
- Ensure compliance with local tax (VAT/Zakat) and regulatory requirements.
- Prepare and file monthly and annual tax submissions.
- Support external and internal audits with required documentation.
- Maintain financial data confidentiality and integrity.
**5. Systems and Process Control**
- Oversee the POS system integration with accounting software.
- Implement standard operating procedures (SOPs) for financial transactions.
- Manage digital/cloud accounting system (e.g., QuickBooks, Zoho Books, or Xero).
- Support automation of reports and financial dashboards.
**6. Budgeting and Forecasting**
- Assist management in preparing annual budgets and sales forecasts.
- Monitor budget utilization and cash flow requirements.
- Provide financial insights for new outlet openings or expansions.
**Qualifications and Skills**
- Bachelor’s degree in Accounting, Finance, or related field (CPA/CMA preferred).
- Minimum **3-5 years** of experience in accounting within the F&B or retail industry.
- Strong knowledge of F&B cost control, inventory systems, and accounting standards.
- Proficiency in Excel, POS systems, and cloud accounting software.
- Analytical mindset with attention to detail.
- Ability to multitask across multiple brands and locations.
- Strong communication and organizational skills.
**Job Types**: Full-time, Permanent
Pay: QAR2,000.00 - QAR3,000.00 per month
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