Finance Manager Restaurant & Bar

We’re recruiting a Finance Manager to join one of our clients, a well-established hospitality organization based in Dubai, UAE.​

About Our Client:

Our client is a well-established hospitality company based
in Dubai, UAE, known for delivering high-quality dining experiences and
exceptional service standards. The organization operates with a strong focus on
culinary excellence, guest satisfaction, and innovation, offering a diverse
range of concepts that cater to both local and international audiences.

Key Responsibilities:

• Prepare monthly, quarterly, and annual financial statements,
  including P&L, Balance Sheet, and Cash Flow Statements, for each outlet and
  the group as a whole
  
• Manage the financial consolidation of multiple profit
  centers and analyze performance variances across different outlets and
  locations
  
• Oversee the administrative functions of the finance
  department while ensuring compliance with UAE VAT, Corporate Tax, and
  applicable UAE labor laws
  
• Liaise with external auditors and ensure compliance with
  Dubai Municipality regulations and Department of Tourism and Commerce Marketing
  (DTCM) requirements
  
• Manage cash flow, banking relationships, and payment gateway
  reconciliations, including POS system integration
  
• Calculate the theoretical food and beverage cost for all
  menu items and conduct regular variance analysis between actual and theoretical
  costs to identify potential cost leakage
  
• Implement strict control measures for high-value liquor
  inventory, including managing par levels, monitoring pour costs, and overseeing
  regular bar stock reconciliations
  
• Regularly update recipe costs in the ERP system to reflect
  changes in market prices and supplier costs
  
• Monitor and report on wastage, spoilage, and breakage, while
  implementing effective controls to minimize losses
  
• Identify, evaluate, and negotiate with suppliers for food,
  beverages, including alcoholic beverages, and operational supplies
  
• Develop and implement procurement strategies to secure
  high-quality products at competitive prices without compromising operational
  standards
  
• Oversee the purchase order process, ensuring that all
  purchases are properly approved, received, and matched with invoices through a
  three-way matching process
  
• Manage the procurement of alcoholic beverages, ensuring that
  all imports and purchases comply with Dubai Customs requirements and applicable
  alcohol licensing regulations
  
• Lead, supervise, and mentor the finance, procurement, and store keeping teams to ensure efficient day-to-day operations
  
• Establish and enforce strong internal control policies and
  procedures to prevent theft, fraud, financial irregularities, and misuse of
  company assets
  

Requirements

• Qualified professional with CPA, CMA, ACCA, or an equivalent
  accounting qualification
  
• Minimum 10–15 years of experience in finance and accounting,
  with strong experience in the restaurant and hospitality industry
  
• Minimum 4–6 years of UAE experience in an established
  restaurant and bar environment
  

Benefits

• Competitive Salary 
  
• Employee Benefits as per the UAE Labor Law