Account Executive

Accounts Executive

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 maintain a full set of accounts for our outlets both online (accounting software) and offline (record keeping and reconciliation)
• 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 of 2-3 years, 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, SQL) 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.

Job Type: Full-time

Pay: RM4,500.00 - RM5,500.00 per month

Benefits:

• Health insurance
• Maternity leave
• Opportunities for promotion
• Parental leave
• Professional development

Schedule:

• Day shift

Education:

• Diploma/Advanced Diploma (Preferred)

Experience:

• Accounts: 2 years (Preferred)