Accessibility
Director of Finance
Summary
Director of Finance
| Salary | Competitive salary |
| Schedule | Full Time |
| Experience | Minimum 5 years of experience |
| Location | 7350 Biscayne Blvd, Miami, FL 33138, USA |
| Category | Fine Dining |
| Cuisine | American |
Director of Finance
Description
The Director of Finance is responsible for all activities related to budgeting, forecasting profit and loss reporting, and account reconciliation for operating and balance sheet accounts for all restaurant locations. This role directly oversees all accounting activities related to income auditing, cashiering accounts payable processing, accounts receivable collection tax compliance payroll, and month-end processing. Ensuring financial controls, accurate reporting, and profitability is a big job and not for the faint of heart, but you will not be alone. This position is a high-profile position that will report to and work closely with the Chief Financial Officer.
Responsibilities
- Verifies the accuracy and timeliness of all finance functions: daily and month-end reporting payroll processing income audit accounts payable accounts receivable and cash and credit card management
- Completes comprehensive month-end close to including preparing journal entries and accruals completing cost of sales entries reconciling balance sheet accounts ensuring proper tax reporting and analyzing profit performance
- Develop and Achieve Financial Goals
- Creates the annual operating plan that is aligned with the company's strategic direction
- Provides analytical tools and support to department heads during budget preparation
- Leads the sales and operations team in creating accurate monthly forecasts that allow the team to react to changes in business levels
- Implements and upholds business practices that positively support our obsession with having a sales-driven culture
- Ensures monthly P&Ls reflect accurate revenues expenses and cost of sales calculations
- Analyzes daily monthly variances between actual forecasted and budgeted performance
- Advises GM and executive team on existing and upcoming financial and operational issues
- Analyzes financial data and operational and market trends to identify opportunities for improvement
- Leads the organization in developing and maintaining a solid labor culture that maximizes productivity performance
- Facilitates monthly P&L reviews to uncover challenges, opportunities, and trends
- Manages capital expense budget and reconciles expenditures monthly
- Ensures a strong accounting and operational controls to safeguard assets and maximize profits
- Reconciles balance sheet accounts monthly and ensures totals are supported by appropriate documentation
- Provides continuous direction to and education of the operational team in all areas related to finance financial reports, internal controls, labor-management, payroll, month-end reconciliation P&L performance, etc.
- Fosters strong professional relationships with the entire management group by providing direct counsel and feedback that positively impacts the performance of the business and sharpens the financial acumen of the team
- Conducts ongoing coaching and annual reviews to influence positive team development
- Cross trains team members to support successful department operations
- Sets high standards for performance and holds the team accountable for results
- Supports and brings to life the organizations core values and service culture
Qualifications
- Possess a 4-year Bachelor Degree in Finance/Accounting and a minimum of 5 years of experience in a finance leadership position or a 5+ year history of progressive career growth in hospitality or restaurant finance (or in a similar industry)
- Experience with budgeting, forecasting profit, and loss reporting, and balancing ledgers for operating and balance sheet accounts
- Aptitude for performing numerical analysis of data and formulating conclusions and/or solutions
- Ability to use logic to define a problem, collect information establish facts, draw valid conclusions interpret data, and deal with abstract variables for unique or unfamiliar situations
- Proven leadership and coaching skills with a track record of developing a highly motivated and cross-trained group of progressive accounting professionals
- Ability to clearly and concisely present technical subjects
- Must possess strong oral and written communication skills and the ability to conduct effective group meetings and presentations
- Ability to comprehend and use technical or professional language, either written or spoken, to communicate complex ideas
- Superior Computer skills: Microsoft Office POS/PMS systems and the ability to create, maintain and analyze data in Excel spreadsheets
- Ability to work a varied schedule, including days, evenings, weekends, holidays, and extended hours based on business needs
- Supervises and leads the professional development of a dynamic finance team
- Demonstrate Leadership and Strategic Decision Making
- Thinks creatively and practically to develop, execute and implement business strategies
- Utilizes effective interpersonal and communication skills to lead, influence, and drive the performance of others
- Leads by example by demonstrating honesty and integrity in all business and personnel decisions
- Communicates complex financial concepts and expectations in a transparent manner that drive results
- Possesses behavioral styles that convey confidence and commands respect from others
- Maintains peak performance levels under pressure and in a dynamic work environment
The Director of Finance is responsible for all activities related to budgeting, forecasting profit and loss reporting, and account reconciliation for operating and balance sheet accounts for all restaurant locations. This role directly oversees all accounting activities related to income auditing, cashiering accounts payable processing, accounts receivable collection tax compliance payroll, and month-end processing. Ensuring financial controls, accurate reporting, and profitability is a big job and not for the faint of heart, but you will not be alone. This position is a high-profile position that will report to and work closely with the Chief Financial Officer.
Responsibilities
- Verifies the accuracy and timeliness of all finance functions: daily and month-end reporting payroll processing income audit accounts payable accounts receivable and cash and credit card management
- Completes comprehensive month-end close to including preparing journal entries and accruals completing cost of sales entries reconciling balance sheet accounts ensuring proper tax reporting and analyzing profit performance
- Develop and Achieve Financial Goals
- Creates the annual operating plan that is aligned with the company's strategic direction
- Provides analytical tools and support to department heads during budget preparation
- Leads the sales and operations team in creating accurate monthly forecasts that allow the team to react to changes in business levels
- Implements and upholds business practices that positively support our obsession with having a sales-driven culture
- Ensures monthly P&Ls reflect accurate revenues expenses and cost of sales calculations
- Analyzes daily monthly variances between actual forecasted and budgeted performance
- Advises GM and executive team on existing and upcoming financial and operational issues
- Analyzes financial data and operational and market trends to identify opportunities for improvement
- Leads the organization in developing and maintaining a solid labor culture that maximizes productivity performance
- Facilitates monthly P&L reviews to uncover challenges, opportunities, and trends
- Manages capital expense budget and reconciles expenditures monthly
- Ensures a strong accounting and operational controls to safeguard assets and maximize profits
- Reconciles balance sheet accounts monthly and ensures totals are supported by appropriate documentation
- Provides continuous direction to and education of the operational team in all areas related to finance financial reports, internal controls, labor-management, payroll, month-end reconciliation P&L performance, etc.
- Fosters strong professional relationships with the entire management group by providing direct counsel and feedback that positively impacts the performance of the business and sharpens the financial acumen of the team
- Conducts ongoing coaching and annual reviews to influence positive team development
- Cross trains team members to support successful department operations
- Sets high standards for performance and holds the team accountable for results
- Supports and brings to life the organizations core values and service culture
Qualifications
- Possess a 4-year Bachelor Degree in Finance/Accounting and a minimum of 5 years of experience in a finance leadership position or a 5+ year history of progressive career growth in hospitality or restaurant finance (or in a similar industry)
- Experience with budgeting, forecasting profit, and loss reporting, and balancing ledgers for operating and balance sheet accounts
- Aptitude for performing numerical analysis of data and formulating conclusions and/or solutions
- Ability to use logic to define a problem, collect information establish facts, draw valid conclusions interpret data, and deal with abstract variables for unique or unfamiliar situations
- Proven leadership and coaching skills with a track record of developing a highly motivated and cross-trained group of progressive accounting professionals
- Ability to clearly and concisely present technical subjects
- Must possess strong oral and written communication skills and the ability to conduct effective group meetings and presentations
- Ability to comprehend and use technical or professional language, either written or spoken, to communicate complex ideas
- Superior Computer skills: Microsoft Office POS/PMS systems and the ability to create, maintain and analyze data in Excel spreadsheets
- Ability to work a varied schedule, including days, evenings, weekends, holidays, and extended hours based on business needs
- Supervises and leads the professional development of a dynamic finance team
- Demonstrate Leadership and Strategic Decision Making
- Thinks creatively and practically to develop, execute and implement business strategies
- Utilizes effective interpersonal and communication skills to lead, influence, and drive the performance of others
- Leads by example by demonstrating honesty and integrity in all business and personnel decisions
- Communicates complex financial concepts and expectations in a transparent manner that drive results
- Possesses behavioral styles that convey confidence and commands respect from others
- Maintains peak performance levels under pressure and in a dynamic work environment
Details
| Salary | Competitive salary |
| Schedule | Full Time |
| Experience | Minimum 5 years of experience |
| Location | 7350 Biscayne Blvd, Miami, FL 33138, USA |
| Category | Fine Dining |
| Cuisine | American |
Skills
Budgeting
Forecasting Profit
Balancing Ledgers
Numerical Analysis
Strategic Decision Making
By applying you confirm you have these skills.
50 Eggs
American
| Salary | Competitive salary |
| Schedule | Full Time |
| Experience | Minimum 5 years of experience |
Share with Friends
We run background checks on all new hires in this position.
7350 Biscayne Blvd, Miami, FL 33138, USA