Senior Finance and Accounts Executive - F&B

Job Purpose

The Senior Finance Executive – F&B is responsible for managing day-to-day finance operations, controlling food and beverage costs, ensuring accurate financial reporting, and supporting profitability across outlets or production units. The role plays a critical part in cost control, inventory management, and operational decision-making in a fast-paced F&B environment.

Key ResponsibilitiesFinancial Operations & Reporting

• Prepare and review daily, weekly, and monthly financial reports for outlets/units
• Ensure timely month-end and year-end closing
• Maintain accurate general ledger, reconciliations, and journal entries
• Monitor cash flow, bank reconciliations, and petty cash controls

Cost Control & Inventory Management

• Monitor food cost, beverage cost, and gross profit margins
• Conduct variance analysis on recipe costing, yield, and wastage
• Review purchase prices, supplier invoices, and inventory movements
• Coordinate and oversee physical stock counts at outlets and warehouses

Budgeting & Forecasting

• Assist in preparing outlet-wise and consolidated budgets
• Track actual vs. budgeted performance and highlight deviations
• Support pricing decisions and menu engineering analysis

Compliance & Audit

• Ensure compliance with accounting standards, tax laws, and F&B-specific regulations
• Coordinate internal audits, stock audits, and external audits
• Maintain documentation for VAT, excise (if applicable), and statutory filings

Revenue & Sales Controls

• Monitor daily sales reports, POS data, discounts, voids, and promotions
• Ensure integration and accuracy between POS, inventory systems, and ERP
• Investigate revenue leakages and implement corrective controls

Process Improvement & Systems

• Support ERP / POS implementation and finance system enhancements
• Improve finance processes to reduce waste, improve margins, and increase efficiency
• Develop standard operating procedures (SOPs) for finance and cost control

Stakeholder Coordination

• Liaise with operations, procurement, and kitchen teams to align financial controls
• Coordinate with auditors, banks, suppliers, and tax consultants

Qualifications & Experience

• Bachelor’s degree in Finance, Accounting, or related field
• Professional qualification (CA / ACCA / CPA / CMA) preferred
• 5–8 years of finance experience, with minimum 3 years in F&B or hospitality
• Hands-on experience with POS systems, inventory tools, and ERP platforms

Skills & Competencies

• Strong understanding of F&B cost structures, recipe costing, and yield analysis
• Advanced Excel skills; experience with POS & inventory software
• High attention to detail with strong analytical capability
• Ability to work in fast-paced, multi-outlet environments
• Strong communication and cross-functional collaboration skills

Job Type: Full-time

Application Question(s):

• Are you a qualified CA?
• What are your salary expectations?
• Do you have experience in restarurant industry?