Restaurant Accountant at Juremi Group

Juremi Group was established 6 years ago as a transport company with 2 rickety cars which gradually grew to a company with 80 new model cars and recently rebranded to J-Ride, with a vision to expand its fleet of cars to 500 in no-distance time. The founder’s vision to impact on the society and leave a legacy in the areas of transportation, construction and real estate led to the establishment of Juremi Group. Today, Juremi Group is a success story built on shared values and ambition. Based on the vision of the company to diversify its business; it has now established construction and real estate companies.

For almost 4 years, Juremi Group has been reinforcing its presence in Federal Capital Territory (FCT-Abuja), expanding its in-house expertise and enlarging its scope of transportation, construction and real estate services.

We are recruiting to fill the position below:

Job Title: Restaurant Accountant

Location: Garki, Abuja

Job Description

• As a Restaurant Accountant, you will be a key player in managing the financial operations of our restaurant, ensuring accuracy in accounting processes, and contributing to the overall financial health of the establishment.
• Your role will involve handling restaurant-specific financial transactions, monitoring costs, and providing valuable insights to support informed decision-making.

Responsibilities

• Monitor daily sales, analyze revenue streams and track expenses.
• Implement effective cost-control measures to optimize profitability.
• Oversee daily cash handling, reconciliation, and deposit processes.
• Maintain accurate cash flow records.
• Implement and manage inventory control procedures for food and beverage items.
• Conduct regular audits to ensure accuracy.
• Collaborate with the culinary team to calculate and update menu costs.
• Analyze menu performance and recommend pricing adjustments.
• Manage and reconcile transactions recorded in the POS system.
• Troubleshoot and resolve any discrepancies.
• Prepare monthly financial statements, including profit and loss statements and balance sheets.
• Provide insights into financial performance.
• Assist in the development of budgets and forecasts.
• Monitor actual performance against budgeted targets.
• Ensure compliance with relevant tax regulations.
• Prepare and submit required tax documents.
• Assist in the preparation for internal and external audits.
• Provide necessary documentation and explanations.

Qualifications

• Bachelor's Degree in Accounting, Finance, Business Administration, or a related field.
• Relevant experience in accounting, preferably in the restaurant or hospitality industry.

Skills Required:

• Understanding of restaurant operations, menu costing, and inventory management.
• Strong grasp of accounting principles and practices.
• Experience with accounting software and POS systems.
• Analytical and problem-solving skills specific to restaurant financial data.
• Excellent written and verbal communication skills.
• Ability to convey financial information to non-finance stakeholders.

Additional Considerations:

• Restaurant Experience: Prior experience working in a restaurant or hospitality setting is highly desirable.
• Adaptability: Ability to adapt to the unique financial challenges of the restaurant industry.
• Team Collaboration: Collaboration with culinary and operational teams for effective financial management.

Application Closing Date
22nd November, 2023.