Finance Manager - Restaurant & Bar
Decision Management Consultants LLC · Dubai
Job description
About the role
A recruitment consultancy is hiring a Finance Manager for a well-established hospitality client in Dubai, UAE. The role covers financial reporting, consolidation, compliance, procurement and team leadership across the restaurant and bar business.
Key responsibilities
- Prepare monthly, quarterly and annual financial statements (P&L, balance sheet, cash flow) for each outlet and the group
- Manage financial consolidation of multiple profit centers and analyse performance variances across outlets
- Oversee the finance department's administration and ensure compliance with UAE VAT, corporate tax and labour laws
- Liaise with external auditors and ensure compliance with Dubai Municipality and DTCM requirements
- Manage cash flow, banking relationships and payment gateway reconciliations, including POS integration
- Calculate theoretical food and beverage costs, run variance analysis and control high-value liquor inventory (par levels, pour costs, bar stock reconciliation)
- Update recipe costs in the ERP system and monitor wastage, spoilage and breakage
- Negotiate with suppliers and develop procurement strategies, then oversee purchase orders through a three-way match
- Ensure alcohol imports and purchases comply with Dubai Customs and alcohol licensing regulations
- Lead, supervise and mentor the finance, procurement and storekeeping teams, and enforce internal controls against theft and fraud
Required profile
- CPA, CMA, ACCA or equivalent accounting qualification
- 10-15 years of finance and accounting experience, with strong restaurant and hospitality background
- 4-6 years of UAE experience in an established restaurant and bar environment
What we offer
- Competitive salary
- Employee benefits as per the UAE Labour Law
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Published 4 hours ago
Expires 1 month from now
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Decision Management Consultants LLC
Dubai