accounting supervisor
2 weeks ago
Job Description
Job DescriptionAn Accounting Supervisor in a restaurant business typically handles various financial responsibilities. Their roles and duties include:
- Financial Reporting - Prepare and analyze financial statements, providing insights into the restaurant's financial health.
- Budgeting - Develop and monitor budgets, ensuring alignment with the restaurant's financial goals.
- Expense Management - Oversee and control expenses, optimizing costs without compromising quality.
- Payroll Processing - Manage payroll functions, including calculating wages, taxes, and ensuring compliance with labor laws.
- Accounts Payable/Receivable - Supervise the processing of invoices and payments to suppliers while managing customer payments.
- Internal Controls - Establish and maintain internal control procedures to safeguard financial assets and ensure accuracy.
- Tax Compliance - Ensure compliance with tax regulations, including timely filing of returns and adherence to relevant tax laws.
- Financial Analysis - Conduct financial analysis to identify trends, opportunities, and areas for improvement.
- Audit Preparation - Collaborate with auditors, providing necessary documentation and ensuring a smooth audit process.
- Cash Flow Management - Monitor and manage cash flow to meet operational needs and maintain financial stability.
- Software and Systems - Utilize accounting software efficiently, staying updated on industry-specific tools.
- Strategic Planning - Contribute to strategic financial planning, offering insights and recommendations for business growth.
- Financial Decision Support - Collaborate with management to provide financial insights for decision-making.
- Compliance - Stay informed about changes in accounting standards and ensure the restaurant's adherence to regulatory requirements.
- Inventory Management - Control costs, optimize stock levels, and ensure accurate financial reporting, including Cost of Goods Sold (COGS), purchasing controls, receiving procedures, technology utilization, and collaboration with Operations.
Effective communication and collaboration with other departments are also crucial for an Accounting Supervisor in a restaurant to ensure financial goals align with overall business objectives.
To be assigned at Mabalacat City, Pampanga.
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