Finance Manager Food & Beverage

lxbfYeaa - Egypt - Cairo

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.

 


Qualifications:Bachelor’s degree in Finance, Accounting, or related field; MBA or CPA preferred.Minimum of 8-10 years of finance experience, preferably within the F&B industry.Strong understanding of financial regulations, accounting principles, and best practices.Proficient in financial management software (e.g., QuickBooks, SAP, Oracle) and MS Excel.Excellent analytical, problem-solving, and communication skills.Ability to manage multiple priorities and work under pressure.Strong leadership skills with a proven track record of team development.
Post date: 20 August 2024
Publisher: Wuzzuf .com
Post date: 20 August 2024
Publisher: Wuzzuf .com