Financial Operations Director
3 weeks ago
At Walk On's Sports Bistreaux, we are seeking an experienced Financial Operations Director to lead our accounting team and drive financial efficiency.
Job Summary: The Financial Operations Director will be responsible for planning and directing the financial operations of the company, ensuring accurate financial reporting, and maintaining compliance with financial regulations.
Key Responsibilities:
- Financial Reporting: Prepare and present accurate financial reports, including profit and loss statements, balance sheets, and cash flow statements.
- Budgeting and Forecasting: Develop annual budgets and forecasts in collaboration with the restaurant management team, and monitor and control budget expenditures.
- Cost Control: Oversee inventory and cost management, including food, beverages, and labor costs, and implement effective cost-control procedures.
- Cash Flow Management: Monitor cash flow and ensure the restaurant maintains adequate liquidity, and ensure timely payment of bills and manage vendor relationships.
- Payroll and Benefits Administration: Oversee payroll processing, ensuring employees are paid accurately and on time, and manage employee benefits.
- Compliance and Internal Controls: Ensure the restaurant complies with all financial regulations, including tax reporting and payment, and develop and implement internal controls.
- Vendor and Supplier Relations: Negotiate with vendors for cost-effective purchasing agreements, and ensure timely payment of suppliers.
- Financial Analysis: Analyze financial statements to identify opportunities for increased efficiency and profitability, and provide financial insights and recommendations to the management team.
Required Qualifications:
- Education: Bachelor's degree in Accounting, Finance, or related field (CPA preferred but not required).
- Experience: 3+ years of experience in accounting or financial management, preferably in the hospitality or restaurant industry.
- Skills: Proficiency with accounting software and Microsoft Excel, strong knowledge of financial regulations and accounting standards, excellent analytical skills and attention to detail, and strong communication and interpersonal skills.
Salary: The estimated annual salary for this position is $85,000-$110,000, depending on experience and qualifications.
Benefits: Walk On's Sports Bistreaux offers a competitive benefits package, including health insurance, retirement plans, and paid time off.
Physical Requirements: The Financial Operations Director will be required to sit for prolonged periods and work on a computer, and may be required to lift up to 15 pounds at times.
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