Financial Controller

Al Tawwakal Holdings is seeking an experienced Financial Controller to oversee the complete financial controls of its restaurant and food and beverage operations. This role requires a highly motivated and hands-on professional with a deep understanding of finance, accounts, internal audits, and operational cost controls specific to the hospitality industry. The ideal candidate manages financial reporting, budgeting, and forecasting with precision and plays a key role in maintaining compliance with taxation and standard operating procedures. This position demands expertise in food cost management, recipe costing, variance analysis, inventory controls, and reconciliation of sales and cash flows, ensuring the business operates efficiently and profitably. The Financial Controller position requires a minimum of four years of relevant experience, preferably within restaurant, hospitality, or food and beverage sectors. The role does not involve team management but expects the candidate to work collaboratively across departments to uphold financial integrity. A professional qualification such as CA, ACCA, ACMA, MBA Finance, or M.Com is essential. The candidate will be based in Karachi and offered a competitive salary with benefits. This role presents an excellent opportunity for a finance professional looking to contribute significantly to operational excellence in a dynamic hospitality setting.
Responsibilities

Manage and oversee all financial reporting, ensuring accuracy and compliance with accounting standards and company policies.
Prepare comprehensive budgets, forecasts, and financial analyses to guide strategic decision-making.
Conduct detailed food cost, recipe costing, and variance analysis to optimize profitability and control expenses.
Implement and maintain robust internal audit procedures and financial controls related to restaurant operations.
Supervise inventory management, purchasing processes, and store controls to prevent wastage and leakage.
Perform thorough sales, point of sale (POS), cash, and bank reconciliations regularly to safeguard company assets.
Track and analyze profit and loss statements, cash flow, and management information systems (MIS) reports.
Control and monitor expenses, wastage, and operational leakages through consistent review and corrective actions.
Ensure compliance with tax regulations, statutory requirements, and internal standard operating procedures.
Collaborate with cross-functional departments such as operations and procurement to align financial goals with business objectives.
Identify financial risks and implement mitigation strategies to protect company resources.
Support the preparation of reports for senior management, offering insights into financial performance and operational efficiency.
Stay updated on industry trends, financial regulations, and best practices to continuously enhance financial management processes.