Finance Manager – Restaurant & Bar

Were recruiting a Finance Manager to join one of our clients a well-established hospitality organization based in Dubai UAE.

About Our Client:

Our client is a well-established hospitality company based in Dubai UAE known for delivering high-quality dining experiences and exceptional service standards. The organization operates with a strong focus on culinary excellence guest satisfaction and innovation offering a diverse range of concepts that cater to both local and international audiences.

Key Responsibilities:

• Prepare monthly quarterly and annual financial statements including P&L Balance Sheet and Cash Flow Statements for each outlet and the group as a whole
  
• Manage the financial consolidation of multiple profit centers and analyze performance variances across different outlets and locations
  
• Oversee the administrative functions of the finance department while ensuring compliance with UAE VAT Corporate Tax and applicable UAE labor laws
  
• Liaise with external auditors and ensure compliance with Dubai Municipality regulations and Department of Tourism and Commerce Marketing (DTCM) requirements
  
• Manage cash flow banking relationships and payment gateway reconciliations including POS system integration
  
• Calculate the theoretical food and beverage cost for all menu items and conduct regular variance analysis between actual and theoretical costs to identify potential cost leakage
  
• Implement strict control measures for high-value liquor inventory including managing par levels monitoring pour costs and overseeing regular bar stock reconciliations
  
• Regularly update recipe costs in the ERP system to reflect changes in market prices and supplier costs
  
• Monitor and report on wastage spoilage and breakage while implementing effective controls to minimize losses
  
• Identify evaluate and negotiate with suppliers for food beverages including alcoholic beverages and operational supplies
  
• Develop and implement procurement strategies to secure high-quality products at competitive prices without compromising operational standards
  
• Oversee the purchase order process ensuring that all purchases are properly approved received and matched with invoices through a three-way matching process
  
• Manage the procurement of alcoholic beverages ensuring that all imports and purchases comply with Dubai Customs requirements and applicable alcohol licensing regulations
  
• Lead supervise and mentor the finance procurement and store keeping teams to ensure efficient day-to-day operations
  
• Establish and enforce strong internal control policies and procedures to prevent theft fraud financial irregularities and misuse of company assets
  

• Qualified professional with CPA CMA ACCA or an equivalent accounting qualification
  
• Minimum 1015 years of experience in finance and accounting with strong experience in the restaurant and hospitality industry
  
• Minimum 46 years of UAE experience in an established restaurant and bar environment
  

• Competitive Salary
  
• Employee Benefits as per the UAE Labor Law