Oversee the preparation and submission of monthly and annual financial reports for all venues, ensuring accuracy and alignment with overall business goals.
Collaborate closely with TMG Accounting for P&L and budget reporting, ensuring alignment with internal financial goals and company-wide standards.
Analyze financial data, including trends, variances, and performance metrics, to provide actionable insights to the GGM and other senior leaders.
Present comprehensive financial reporting to senior management summarizing key financial metrics and performance, and offering recommendations for improvement.
Budget Management and Forecasting.
Develop and maintain the annual budgets for all F&B venues, ensuring that each venue s financial objectives align with overall corporate goals.
Track and monitor budget performance, providing monthly forecasts and adjusting financial projections as necessary.
Collaborate with TMG Account to ensure all budget data is consistent and in line with P&L reporting.
Cost control and Profitability Analysis.
Implement and manage cost control systems to ensure financial efficiency across all venues, focusing on food and beverage costs, labor cost, and overhead expenses.
Perform cost-benefit analyses on menu items, ingredients sourcing, and supplier contracts to ensure maximum profitability.
Work with TMG Accounting to integrate financial data into actionable strategies for enhancing operational margins and cost efficiency.
Inventory and Cash Management.
Oversee inventory management, ensuring that inventory systems are accurate and reflect the actual usage of goods.
Coordinate with TMG Accounting on inventory and procurement reporting, identifying areas to minimize waste and optimize stock levels.
Manage cash handling and banking activities, ensuring compliance with company policies and safeguarding financial assets.
Regulatory Compliance and Audit Management.
Ensure compliance with all relevant financial regulations, including local tax laws, reporting requirements, and industry standards.
Work with TMG Accounting during the audit process to ensure financial data is prepared in line with external audit requirements.
Implement and oversee internal controls to protect against fraud and mismanagement and ensure financial integrity.
Cross-Functional Collaboration.
Work closely with Operations Directors, Culinary Directors, and other senior leaders to ensure financial alignment with operational strategies.
Coordinate with TMG Accounting on monthly P&L reporting, ensuring timely and accurate financial data is provided to the team.
Support business development, new ventures, and venue expansion projects with financial analysis and profitability assessments.
Team Leadership and Development.
Lead a small team of F&B accountants, providing guidance, training and mentorship to ensure adherence to company policies and accurate financial reporting.
Promote a culture of continuous improvement and high standards in financial reporting, ensuring the team is equipped to handle complex financial challenges.
Ensure the team is aligned with TMG Accounting s systems and policies, facilitating effective communication and alignment across all financial functions.
Technology and system Implementation.
Oversee the implementation and integration of financial systems that align with TMG Accounting s tools and systems.
Ensure all F&B venues utilize efficient financial systems for managing P&L and budgeting, optimizing overall reporting efficiency.
Collaborate with TMG Accounting to improve current financial systems and identify potential upgrades or enhancements.
Sustainability and Cost Efficiency.
Collaborate with the senior leadership team to integrate sustainability efforts into financial decisions.
Monitor the impact of sustainability initiatives on cost and profitability and work with TMG Accounting to report on progress and outcomes.
Qualifications and Experience.
Minimum of 7 years of experience in Financial management, with at least 3 years in a senior accounting or finance role withing the F&B or hospitality industry.
Proven expertise in budget management, cost control, and P&L reporting in multi-venue operations.
Strong understanding of accounting principles, financial regulations, and compliance standards.
Experience with F&B-specific financial management tools and accounting software (e.g., Sage, Quickbooks, etc.).
Degrees in Accounting, Finance, or related field; professional certification (e.g., CPA, ACCA) are preferred.
Fluency in English, Thai language skills are highly desirable.
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