F&B Finance Manager
5 days ago
The F&B Finance Manager / General Accountant is a key strategic and operational role responsible for leading all financial reporting, P&L management, cost accounting, and general accounting functions across the company's F&B brands and operating units. This role plays a central part in ensuring the integrity of financial data, enabling insightful financial analysis, and supporting decision-making through timely and accurate financial information. The role also provides support for audits, tax compliance, and financial planning for growth and expansion.
Key Responsibilities:
Financial Reporting and Consolidation
- Lead in the preparation of timely and accurate financial statements, management reports, and consolidated group-level financial summaries.
- Prepare, analyze, and monitor monthly Profit and Loss (P&L) reports per store, per brand, and per business unit, identifying key variances, trends, and operational insights.
- Track and reconcile intercompany transactions across multiple legal entities within the group.
- Monitor and validate actual expenditures versus budget forecasts, escalating material discrepancies to Management.
General Accounting and Reconciliation
- Record and reconcile daily financial transactions, including sales, purchases, operating expenses, and bank activities.
- Maintain accurate general ledger balances and prepare monthly reconciliation schedules for all balance sheet accounts.
- Facilitate timely recording and processing of accounts payable, accounts receivable, and employee reimbursements.
- Maintain organized documentation and filing of all accounting records, vouchers, receipts, and supporting schedules.
Cost Accounting and Operational Finance
- Support store-level cost accounting and inventory movement analysis in collaboration with Operations and Supply Chain teams.
- Monitor cost of sales and product margins, ensuring accuracy of recipe costing and inventory valuations.
- Assist in the preparation of feasibility studies, financial modeling, and financial due diligence for new store openings, brand launches, and closures.
Regulatory Compliance and Audit
- Assist in the preparation and submission of BIR-required filings and reports (e.g., VAT, EWT, 2550M/Q, 1601-E/Q, 1702, 2316, etc.).
- Coordinate with external auditors, tax consultants, and internal stakeholders for audit, tax, and regulatory compliance requirements.
- Support payroll-related accounting functions, including government contributions and reconciliations as required.
Decision Support and Analysis
- Provide financial analysis, dashboards, and management reports that support strategic and operational decision-making.
- Partner with department heads and store managers to improve cost efficiency and ensure financial performance is aligned with business goals.
Other Duties
- Assist in systems migration, process improvements, and automation of accounting and finance workflows.
- Perform such other accounting- or finance-related tasks as may be assigned by the Company from time to time.
Qualifications:
- Bachelor's Degree in Accountancy, Finance, or related field; CPA preferred but not required.
- Minimum of 2–3 years of relevant experience in F&B, hospitality, or retail finance/accounting.
- Strong technical knowledge in general accounting, P&L management, costing, and taxation.
- Proficient in accounting systems and tools (e.g., QuickBooks, SAP, Xero), MS Excel, and POS/inventory systems.
- Exceptional attention to detail, organizational, and analytical skills.
- Strong communication and interpersonal skills; able to work cross-functionally.
- Experience managing multi-entity accounting is an advantage.
Job Type: Full-time
Pay: Php30, Php35,000.00 per month
Benefits:
- Company events
- Free parking
Work Location: In person
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