The Finance Manager will be responsible for managing the financial operations For Tayf, providing financial insights, and supporting the senior management team in decision-making.

Key Responsibilities:

Financial Planning & Analysis:

• Develop and manage financial models to forecast revenues, expenses, and profitability.
• Analyze financial data and trends to provide insights and recommendations for business growth and cost reduction.
• Prepare monthly, quarterly, and annual financial reports for senior management.

Budgeting & Forecasting:

• Lead the annual budgeting process and provide ongoing forecasts and variance analysis.
• Monitor and analyze the performance of budgets and recommend adjustments as needed.
• Work with department heads to ensure alignment with financial goals.

Accounting & Financial Reporting:

• Oversee the day-to-day financial operations, including accounts payable, accounts receivable, and payroll.
• Ensure timely and accurate financial reporting in compliance with GAAP/IFRS and company policies.
• Coordinate and manage the external audit process.

Cash Flow Management:

• Monitor cash flow, manage banking relationships, and optimize working capital.
• Develop strategies to improve liquidity and manage financial risks.
• Ensure efficient management of the company’s assets and liabilities.

Cost Control & Profitability:

• Analyze cost structures and identify areas for cost reduction.
• Monitor food and beverage costs and inventory management to maximize profitability.
• Implement and maintain internal controls to safeguard company assets.

Tax Compliance & Regulatory Matters:

• Ensure compliance with local, state, and federal tax regulations.
• Prepare and file tax returns, and manage any audits or investigations.
• Stay updated on changes in financial regulations affecting the F&B industry.

Strategic Financial Support:

• Partner with senior management to drive strategic initiatives, including expansion, new product launches, and capital investments.
• Provide financial support for M&A activities and integration.
• Evaluate and negotiate vendor contracts to ensure cost-effective procurement.

Team Leadership & Development:

• Lead, mentor, and develop the finance team, fostering a culture of continuous improvement.
• Conduct performance evaluations and provide professional development opportunities.
• Promote a collaborative and supportive work environment.