Accounting Associate
2 weeks ago
The accounting associate will help to manage the financial operations of our restaurant group alongside our third-party accounting vendor. You will be responsible for ensuring accurate financial records, monitoring expenses, preparing financial statements, and providing financial insights to support strategic decision-making. Your meticulous attention to detail and strong analytical skills will contribute to the financial management and success of our company.
- 1. Financial Reporting:_
- To assist our third-party accounting vendor to prepare and analyze monthly, quarterly, and annual financial statements for each restaurant within the group. Generate income statements, balance sheets, and cash flow statements to provide a clear overview of financial performance.
- To assist our third-party accounting vendor to monitor and report on key financial metrics and trends to senior management.
- Establish and maintain internal controls to safeguard assets and ensure financial accuracy. Implement and enforce financial policies and procedures across the restaurant group.
- 2. POS reporting and outlet financial management:_
- Collaborate with restaurant managers to develop annual budgets and financial forecasts from information pulled from POS system. Track budget performance, identify variances, and recommend corrective actions when necessary.
- Oversee accounts payable processes, including invoice processing and vendor payments. Manage accounts receivable, monitoring customer payments and addressing outstanding balances.
- Review and approve restaurant expenses, ensuring compliance with company policies. Implement cost-saving measures and recommend strategies to optimize operational efficiency.
- 3. Tax Compliance:_
- Ensure compliance with local, state, and federal tax regulations. Prepare and submit tax returns and reports in a timely manner.
- Coordinate with external auditors during financial audits and assist in the preparation of audit schedules.
- 4. Record Keeping:_
- Maintain accurate and organized financial records and documentation. Ensure all financial transactions are properly documented and archived.
- **Qualifications**:_
- Bachelor's degree in Accounting, Finance, or a related field; ACCA/CFA certification is a plus.
- Proven experience as an accountant, preferably in the restaurant or hospitality industry.
- Strong knowledge of accounting principles, financial reporting, and tax regulations.
- Proficiency in accounting software (e.g., QuickBooks, Xero) and Microsoft Excel.
- Excellent analytical and problem-solving skills.
- Attention to detail and a high degree of accuracy.
- Strong communication and interpersonal skills.
- Ability to work independently and as part of a team.
- Familiarity with restaurant-specific financial considerations is a plus.
**Salary**: RM4,000.00 - RM4,200.00 per month
**Benefits**:
- Health insurance
- Maternity leave
- Opportunities for promotion
- Parental leave
- Professional development
Schedule:
- Day shift
Ability to Commute:
- Kuala Lumpur (required)
Ability to Relocate:
- Kuala Lumpur: Relocate before starting work (required)
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