Senior Accountant ( Restaurant / Food and Beverages Industry )

We are seeking a highly skilled and detail-oriented Accountant with a strong background in the food and beverage industry. The ideal candidate should have experience in accounting software like Tally, Fodex, and ERP systems, as well as a proven track record in inventory management, petty cash handling, purchasing, vendor management, cost control, and comprehensive financial reporting.

Key Responsibilities:

1. Financial Management:

• Manage day-to-day accounting operations, including accounts payable, accounts receivable, and general ledger entries.
• Ensure compliance with financial regulations and internal controls.
• Analyze and report on financial data, including profit and loss statements, net profit analysis, and other key performance indicators.

2. Inventory Management:

• Oversee inventory accounting, including stock reconciliation and valuation.
• Monitor and report on cost of goods sold (COGS) and resolve inventory discrepancies promptly.
• Ensure accurate tracking of inventory flow and assist in reducing waste and inefficiencies.

3. Purchasing & Vendor Management:

• Manage vendor relationships, including negotiations, purchase orders, and timely payments.
• Analyze and approve procurement requests to ensure cost-effectiveness and quality.
• Track vendor performance and ensure compliance with company policies.

4. Petty Cash & Expense Control:

• Handle petty cash transactions, maintain accurate records, and ensure timely reconciliation.
• Monitor and control departmental expenses to ensure adherence to approved budgets.

5. ERP & Software Expertise:

• Utilize accounting tools like Tally, Fodex, and ERP systems to manage financial data effectively.
• Generate comprehensive financial reports and ensure seamless integration with operational processes.

6. Account Reconciliation & Reporting:

• Perform regular bank reconciliations and maintain updated financial records.
• Prepare and present monthly, quarterly, and annual financial statements, including detailed analysis of profit and loss and other financial metrics.

7. Taxation & Compliance:

• Ensure timely filing of VAT and other applicable taxes.
• Maintain compliance with local financial laws and regulations.

8. Cost Management & Analysis:

• Conduct in-depth cost analysis to identify opportunities for cost reduction and operational efficiency.
• Assist in developing pricing strategies based on financial data and market trends.
• Monitor overall costs and recommend strategies to optimize profitability.

9. Audit Preparation:

• Prepare and assist with internal and external audits.
• Address audit findings and implement corrective actions as required.

10. General Administrative Duties:

• Support other departments with financial data, analysis, and budget tracking.
• Handle ad-hoc accounting tasks and other related responsibilities as required.

Qualifications & Skills:

• Experience: Minimum 5+ years of accounting experience in the food and beverage industry.
• Software Proficiency: Expertise in Tally, Fodex, and ERP systems is mandatory.
• Skills:
• Strong analytical, problem-solving, and organizational skills.
• Excellent knowledge of purchasing, vendor management, and cost control strategies.
• Proficiency in preparing financial reports, including profit and loss statements and net profit analysis.
• Attention to Detail: High level of accuracy in financial record-keeping.

• Knowledge:
• Familiarity with inventory management, cost analysis, and financial reporting.
• Deep understanding of taxation regulations, particularly VAT compliance.
• Communication: Excellent verbal and written communication skills for effective collaboration with vendors, teams, and stakeholders.

APPLY BY THIS LINK –

https://docs.google.com/forms/d/e/1FAIpQLSeD9EodeJpVqEhQP8pdjmBbyqit_Q9LbuL8bILEq0ySQh3sgw/viewform?usp=sf_link

or

talha@rikaz.om

Job Type: Full-time