Accountant

Zakori Group (Pyali Restaurant)

Peshawar , Pakistan

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Posted 13 hours ago 15 views Report Job

The Accountant will play a vital role in managing the financial operations of a fast-food restaurant. This position involves maintaining accurate financial records, overseeing budgeting and forecasting, ensuring compliance with financial regulations, and supporting management with timely financial reporting. The ideal candidate will be detail-oriented, organized, and experienced in accounting practices within a dynamic environment.

Key Responsibilities

Financial Management: Prepare and maintain precise financial records and reports. Manage accounts payable and receivable efficiently. Conduct regular reconciliations of accounts and bank statements to ensure accuracy.

Budgeting and Forecasting: Develop and oversee budgets aligned with business goals. Prepare financial forecasts and conduct variance analysis to monitor performance. Track financial outcomes against budgets and forecasts to identify areas needing attention.

Reporting: Generate monthly, quarterly, and annual financial statements. Provide comprehensive financial reports to management to facilitate informed decision-making. Prepare and present financial summaries to stakeholders as required.

Compliance and Auditing: Ensure full compliance with all relevant financial regulations and standards. Coordinate with external auditors and manage the audit process smoothly. Implement and maintain internal controls to safeguard company assets.

Cost Management: Monitor and control operational costs, identifying opportunities for cost savings. Analyze financial data to support initiatives aimed at reducing expenses.

Taxation: Prepare and file tax returns in accordance with local, state, and federal regulations. Stay informed about changes in tax laws to maximize any available tax advantages for the restaurant.

Payroll Management: Oversee payroll processing to guarantee timely and accurate employee payments. Manage employee benefits and deductions in compliance with company policies and legal requirements.

Key Performance Indicators (KPIs):
- Maintain financial statement accuracy with an error rate below 1%.
- Keep budget variance within 5%.
- Achieve cost reductions of at least 10% through effective cost control measures.
- Ensure 100% compliance with financial regulations.
- Manage cash flow by keeping Days Sales Outstanding (DSO) under 30 days and Days Payable Outstanding (DPO) under 45 days.
- Achieve audit success with no major findings and address all audit recommendations.
- Maintain payroll accuracy with an error rate below 0.5%.

Required Qualifications

- Bachelor’s degree in Accounting, Finance, or a related field.
- Proven experience in accounting or finance roles, preferably within the food service industry.
- Strong knowledge of accounting principles and financial regulations.
- Proficiency in accounting software and advanced skills in MS Excel.
- Excellent analytical, organizational, and communication skills.

Preferred Qualifications and Benefits

- Professional accounting certification such as CPA or ACCA is highly desirable.
- Experience working in fast-paced, customer-focused environments is an advantage.

Additional Information

This position requires working on-site at the restaurant location. Candidates will be asked about their years of accounting experience, proficiency with accounting software, and salary expectations during the application process.