Assistant Controller
2 days ago
Company Overview:
Join our dynamic and growing restaurant group of companies, where innovation meets culinary excellence. As a leading player in the hospitality industry, we are dedicated to crafting memorable dining experiences whilst maintaining a commitment to financial health and strategic growth.
Owned restaurants include the SUSHISAMBA and Duck & Waffle restaurants and bars in the City of London, SUSHISAMBA Covent Garden and SUSHISAMBA Las Vegas with a new restaurant SUSHISAMBA Los Angeles opening late 2025 and a growth strategy for 2 further new US restaurant openings. Licensed operations currently include Dubai, Doha, Riyadh, Abu Dhabi, Singapore, Edinburgh and Bahrain with new licenses opening in 2025 and beyond including Milan, Italy.
Role Overview:
The Assistant Controller will support the Group Finance Manager in overseeing the financial and procurement activities of our restaurant group in North America. This role involves managing accounting functions, preparing financial reports, and ensuring compliance with financial regulations. The ideal candidate will have a strong background in accounting, excellent analytical skills, and the ability to work in a fast-paced environment.
We are looking for a detail-oriented and experienced to support our finance department in managing the financial & procurement operations of Samba Vegas LLC, Samba Los Angeles LLC and all future U.S locations.
The role will be hybrid working. The individual will be expected to work 3 days at the Las Vegas restaurant to understand the operation and build relationships with the management team. A corporate office is planned to be established in 2026. Travel may be required.
The role requires strong analytical skills, attention to detail, and the ability to work collaboratively with the Finance & Procurement teams based in London and the US operational teams. The role reports to the Group Finance Manager and supports all aspects of financial reporting & procurement in the US including daily reporting, month end close, management accounts, audit, tax and ensuring robust and effective internal controls together with vendor onboarding, cost management and procurement strategy.
Key Responsibilities:
Financial Reporting: Prepare management accounts, including balance sheets and income statements for each US restaurant entity. Assist in the preparation of monthly, quarterly, and annual financial statements. Conduct variance analysis and provide insights to support decision-making.
Accounting and Bookkeeping: Oversee day-to-day accounting operations, including accounts payable, invoice booking, weekly payruns. Ensure accurate and timely posting of financial transactions. Reconcile bank statements and general ledger accounts.
Internal Controls and Compliance: Support the implementation and monitoring of internal controls to safeguard company assets. Ensure compliance with financial regulations and company policies. Assist in the preparation for internal and external audits together with annual financial statements.
Procurement: Oversee vendor onboarding, requests for proposals, vendor liaison activities and compliance with all aspects of Procurement strategy for all U.S. entities. Ensure completeness and accuracy of the procurement systems for cost management. Monitor inventory counts and assist operations with variance checks. Prepare weekly cost reports to assist operational cost management.
Accounts payable: Ensure vendors are paid in accordance with terms, prepare weekly payruns for US entities.
Team Collaboration and Development: Work collaboratively with the UK finance and procurement teams and other departments.
Sales Reporting: Reporting of daily, weekly, and monthly sales for the US entities. Process sales journals and sales reconciliations.
Fixed Asset Registers: Maintain complete and accurate fixed asset registers.
Payroll Reporting: Collaborate with the HR department to ensure accurate processing of and submission of payrolls, payroll journals and reporting. Assist in reconciling payroll reports and resolving discrepancies.
Tax: Ensure completeness and accuracy of tax returns and ensure tax returns are filed on time. Engage with RSM to provide the detailed schedules requested to prepare the tax returns.
Budgeting & Forecasting: Working with the FP&A manager to assist with the budgeting and forecasting processes for North American operations.
Growth Strategy: Contribute and take ownership of critical path requirements for US restaurant openings.
Compliance and Audit Support: Assist in maintaining compliance with regulatory requirements and internal policies. Support internal and external audits by providing documentation and explanations as needed.
Process Improvement: Identify opportunities to streamline processes, improve efficiency, and enhance controls within the finance function. Implement best practices to optimize financial operations.
Benefits:
- Competitive salary
- 10 days vacation, 6 holidays (federal holidays)
- $250 dining allowance, 50% dining discount
- Contribution towards medical / dental insurance
- 401k
- 5 days Nevada sick
- Opportunities for professional development and advancement within a dynamic and growing organization.
- A collaborative and inclusive work environment where your contributions are valued and recognized.
Qualifications:
- Bachelor's degree in Finance, Accounting, or related field.
- Qualified or part qualified accounting certification with a recognised professional body.
- Minimum 4 years of relevant experience in finance or accounting roles, preferably within the restaurant or hospitality industry.
- Strong understanding of financial principles and financial reporting.
- Proficiency in accounting software (e.g., QuickBooks, SAP) and Microsoft Office Suite, especially Excel.
- Strong analytical skills with the ability to interpret financial data and trends.
- Excellent attention to detail and accuracy in financial transactions and reporting.
- Strong communication and interpersonal skills, with the ability to collaborate across teams.
- Ability to prioritize tasks, meet deadlines, and adapt to changing priorities in a fast-paced environment.
- Ability to travel to visit all company restaurants and UK Head Office as needed
Join our team and play a pivotal role in shaping the financial future of our restaurant group. Apply now to be part of a company that continues to redefine the culinary landscape, growth and driving financial success.
INDMANAGE
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