Accountant - f&b experience mandatory - 12 months renewable contract

Job Title: F&B Accountant

Department: Finance
Reports To: Financial Controller
Location: Business Bay, Dubai

Position Summary

The F&B Accountant is responsible for managing day-to-day financial operations related to the food and beverage division, ensuring timely recording, reconciliation, and reporting of transactions. The role supports the Financial Controller in maintaining accurate financial records, monitoring cash flow, and ensuring compliance with accounting and taxation standards applicable to the F&B sector.

This position requires high attention to detail, strong analytical skills, and the ability to coordinate effectively with operations, procurement, and management teams to ensure financial integrity and business performance visibility.

Key Responsibilities1. Cash Flow & Banking

• Prepare and submit Weekly Bank Position Reports every Monday.
• Maintain and update the Bank Register on a daily basis to track inflows and outflows.
• Prepare Cash Flow Forecasts at the beginning of each month to project liquidity requirements.
• Conduct Bank Reconciliation on a monthly basis (by the 2nd of each month) and ensure all discrepancies are resolved.
• Manage Petty Cash Replenishments weekly and ensure supporting documentation for each transaction.

2. Accounts Payable & Receivable

• Process and record Utility Payments on or before the 5th of every month.
• Oversee Cheque Payments to vendors and suppliers weekly.
• Maintain accurate entries in the books on a daily basis to ensure data integrity.
• Manage Supplier and Customer Relations, including account reconciliations, payment follow-ups, and query resolution.
• Ensure supplier invoices and supporting documents comply with internal controls and tax requirements.

3. Financial Reporting

• Support the monthly closing of books and assist in preparing Profit & Loss statements by the 5th of every month.
• Perform Bank and Ledger Reconciliations to verify account balances.
• Assist in the preparation of VAT Returns quarterly (15th of each quarter) in compliance with tax regulations.
• Provide accurate financial data for management review and decision-making.

4. System & Process Management

• Maintain and update ERP (Odoo) accounting modules and ensure all transactions are posted accurately.
• Collaborate with IT and finance teams on ERP enhancements to streamline reporting and automation.
• Support the Financial Controller in daily operational and administrative matters.

5. Audit & Compliance

• Assist in Year-End Audit preparations by ensuring completeness of documentation and account schedules.
• Support the budgeting process by providing actuals, forecasts, and variance analyses.
• Ensure compliance with internal control policies, F&B cost management procedures, and accounting standards.

Key Deliverables

• Timely submission of all periodic reports (bank position, P&L, VAT, reconciliations).
• Accurate and updated accounting records in ERP.
• Error-free financial statements and reconciliations.
• Strong coordination with F&B operations for timely approvals and cost controls.

Qualifications & Experience

• Bachelor’s degree in Accounting, Finance, or Commerce.
• 3–5 years of accounting experience (preferably in F&B, hospitality, or retail industries).
• Proficient in ERP systems (Odoo, Oracle, or SAP).
• Strong knowledge of VAT, F&B costing, and management reporting.
• Proficient in MS Excel, Word, and PowerPoint.
• Attention to detail with excellent time management and organizational skills.
• Good communication skills and ability to work in a fast-paced environment.

Core Competencies

• Financial Accuracy & Analytical Skills
• Knowledge of F&B Accounting & Costing
• ERP & Digital Financial Reporting
• Process & Deadline Management
• Stakeholder Coordination (Operations & Finance)
• Confidentiality & Professional Ethics

Job Types: Full-time, Temporary, Contract
Contract length: 12 months

Pay: AED3,000.00 - AED3,500.00 per month