Controller

1 month ago

Baton Rouge, United States Walk On's Sports Bistreaux Full time
Job Summary:

The Controller will plan and direct theaccounting operations of the company.

SupervisoryResponsibilities:
• Oversees the operations ofthe Accounting Department, which include accounts payable, accounts receivable,bank reconciliations, and payroll.
• Oversees training programsand identifies training needs.
Duties/Responsibilities:

1. FinancialReporting:
• Prepare andpresent accurate financial reports, including profit and loss statements,balance sheets, and cash flow statements.
• Analyze financialdata to identify trends and make recommendations for improvements.

2. Budgeting andForecasting:
• Develop annualbudgets and forecasts in collaboration with the restaurant management team.
• Monitor andcontrol budget expenditures, ensuring adherence to financial goals.

3. Cost Control:
• Oversee inventoryand cost management, including food, beverages, and labor costs.
• Implement andmaintain effective cost-control procedures to minimize waste and maximizeprofitability.
• Conduct regularaudits of inventory, labor costs, and vendor payments.

4. Cash FlowManagement:
• Monitor cash flowand ensure the restaurant maintains adequate liquidity.
• Ensure timelypayment of bills and manage vendor relationships to maintain good credit terms.

5. Payroll andBenefits Administration:
• Oversee payrollprocessing, ensuring employees are paid accurately and on time.
• Manage employeebenefits, including health insurance, retirement plans, and paid time off.

6. Compliance andInternal Controls:
• Ensure therestaurant complies with all financial regulations, including tax reporting andpayment.
• Develop andimplement internal controls to safeguard assets and prevent fraud or financialmismanagement.

7. Vendor andSupplier Relations:
• Negotiate withvendors for cost-effective purchasing agreements.
• Ensure timelypayment of suppliers and manage relationships to secure favorable terms.

8. FinancialAnalysis:
• Analyze financialstatements to identify opportunities for increased efficiency andprofitability.
• Provide financialinsights and recommendations to the management team for strategicdecision-making.

9. Team Leadership:
• Lead andsupervise accounting staff, if applicable.
• Ensure that theteam maintains accurate records and adheres to accounting principles andstandards.

10. Technology andSystems:
• Manage financialsoftware systems (e.g., accounting software, POS systems) and ensure they areup to date.
• Implement newtechnologies
Required Qualifications:
• Bachelor's degree in Accounting, Finance, or related field(CPA preferred but not required).
• 3+ years of experience in accounting or financialmanagement, preferably in the hospitality or restaurant industry.
• Proficiency with accounting software and MicrosoftExcel.
• Strong knowledge of financial regulations andaccounting standards.
• Excellent analytical skills and attention to detail.
• Strong communication and interpersonal skills to workeffectively with management and vendors.
Key Competencies:
• Ability to work under pressure in a fast-paced environment.
• Strong problem-solving and decision-making abilities.
• Strategic thinking with a focus on financialefficiency and profitability.
• Leadership and team management skills.
Physical Requirements:
• Prolonged periods sitting ata desk and working on a computer.
• Must be able to lift up to 15pounds at times.
• Able to travel as needed.

Walk On's Sports Bistreaux is an EEO employer - M/F/Vets/Disabled

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