F&B Accountant Job In Bahrain

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Description

We are seeking a detail-oriented F&B Accountant to manage daily financial operations, ensure accurate reporting, and support cost control initiatives across our outlets. The F&B Accountant will work closely with operations, purchasing, and store teams to maintain financial accuracy, control costs, and provide timely insights that support the restaurant’s profitability.

Key Responsibilities
1. Financial Management & Reporting

-Record, reconcile, and maintain daily financial transactions including sales, purchases, and payments.
-Prepare accurate trial balance, profit & loss accounts, and monthly management reports.
-Monitor petty cash usage, staff expense claims, and reimbursements.
-Manage accounts payable and receivable: ensure timely supplier payments and customer collections.
-Validate vendor invoices, purchase orders, and contracts for accuracy before posting.
-Reconcile bank accounts, supplier ledgers, POS system reports, and intercompany accounts.
-Support VAT/tax filings by maintaining accurate documentation and liaising with auditors.

2. Cost Control & Inventory Management

-Track recipe costing, menu pricing, and food cost percentages per outlet.
-Monitor sales reports, voids, discounts, and complimentary items to identify revenue gaps.
-Reconcile kitchen wastage, staff meals, and spoilage reports.
-Conduct portion/yield analysis to ensure adherence to standardized recipes.
-Verify GRN (Goods Received Notes) against supplier invoices and purchase orders.
-Assist with monthly and surprise stock counts; reconcile with accounting system balances.
-Monitor purchasing practices to ensure FIFO, par levels, and expiry controls are followed.

3. Budgeting & Forecasting

-Support the preparation of budgets by providing historical cost and sales data.
-Track budget vs. actual performance and flag variances for corrective action.
-Assist in sales and cost forecasting based on seasonal trends and promotions.
-Conduct profitability checks on new menu items, promotions, and catering orders.

4. Internal Controls & Compliance

-Enforce SOPs for financial documentation, approvals, and cash handling.
-Regularly reconcile outlet cash collections with POS reports and deposits.
-Support internal and external audits by preparing required schedules and reports.
-Maintain compliance with tax, licensing, and regulatory requirements.

5. Collaboration & Support

-Work with chefs and operations on cost-saving measures without compromising quality.
-Liaise with purchasing and store teams for price monitoring and supplier negotiations.
-Provide timely financial insights to management to support operational decisions.
-Support payroll processing by reconciling overtime, staff meals, and allowances.

Qualifications & Experience

-Bachelor’s degree in Accounting, Finance, or related field.
-6 years of accounting experience, preferably in the F&B or hospitality industry.
-Strong knowledge of cost control, recipe costing, and inventory reconciliation.
-Proficiency in accounting software (Tally, QuickBooks, Oracle, or ERP systems).
-Solid MS Excel and financial analysis skills.
-Strong attention to detail and ability to meet deadlines.
-Good communication and problem-solving skills.

Basic Details

Location : Region: Manama

Qualification :

Posted : Today

Job Type : Full-Time

Company : Bahrain Jobs

Contact Info

Mobile : Not-Mentioned

Alternate Mobile : Not-Mentioned

Email : hiring443@gmail.com

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