Financial Director for Restaurant Expansion
18 hours ago
About Sunda Detroit
We are a dynamic restaurant company looking for an experienced Financial Director to lead our financial planning and strategy in Detroit, MI.
The estimated annual salary for this position is $120,000 - $180,000 depending on experience.
Job DescriptionCompany Overview
Sunda LLC is a reputable restaurant company with a presence in the hospitality industry. Our team is dedicated to providing exceptional dining experiences, and we're seeking a skilled Financial Director to join us.
Key Responsibilities
- Develop and Implement Financial Strategies: Collaborate with senior leadership to create and execute comprehensive financial plans, ensuring alignment with our business objectives.
- Provide Strategic Guidance: Offer expert financial insights to inform key decisions, manage risks, and capitalize on opportunities.
- Lead Financial Planning Processes: Oversee budgeting, forecasting, and financial reporting to optimize resource allocation and drive financial performance.
- Implement Effective Financial Controls: Establish robust systems to safeguard assets, ensure compliance, and mitigate potential risks.
- Conduct Financial Analysis: Conduct thorough analysis of financial data, including variance analysis, trend analysis, and KPI tracking.
- Prepare Financial Reports: Develop and present accurate, timely financial reports to stakeholders, highlighting key findings and recommendations.
Required Skills and Qualifications
- Bachelor's degree in Finance, Accounting, Economics, or related field; MBA or advanced degree preferred.
- Proven experience as a CFO or senior finance role in the hospitality industry.
- Strong financial acumen, analytical skills, and expertise in financial metrics, cost control, and performance analysis.
- Comprehensive knowledge of accounting principles, financial regulations, and risk management practices.
- Excellent leadership, communication, and problem-solving skills.
- Ability to strategize, solve problems, and adapt to changing circumstances.
Benefits and Requirements
- Promote financial growth and stability within the organization.
- Ensure cash flow adequacy for daily operations and future initiatives.
- Maintain strong relationships with financial institutions and external stakeholders.
- Evaluate investment opportunities and recommend strategic allocations.
- Implement robust internal controls and risk management practices.
- Comply with accounting standards, tax regulations, and other financial obligations.
Additional Requirements
- Drive the company's financial planning and reporting processes.
- Analyze organizational liabilities and investments to inform risk management strategies.
- Evaluate fundraising plans and capital structure to ensure optimal resource allocation.
- Manage vendor relationships and supervise finance personnel.
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