Senior Accountant – Food & Beverage

Overview:
We are seeking an experienced and detail-oriented Senior Accountant to join a sister company of Palazzo Versace Dubai and oversee the financial operations of F&B outlet. The ideal candidate will have a strong background in hospitality or restaurant finance and will play a key role in managing day-to-day accounting functions, cost control, and financial reporting. This position requires both hands-on accounting skills and strategic financial oversight.

Key Responsibilities:

• Oversee all accounting operations including general ledger, accounts payable/receivable, bank reconciliations, and month-end closing

• Prepare timely and accurate financial statements, management reports, and P&L analysis for the F&B outlet

• Monitor financial performance and highlight variances to budget/forecast with commentary

• Monitor and analyze cost of sales, food & beverage costs, labor, and overhead

• Support inventory management and conduct regular audits of stock, usage, and wastage

• Collaborate with the procurement and operations teams to improve cost efficiency and margin performance

• Ensure accurate recording of daily sales, promotions, discounts, and refunds

• Manage vendor payments, contracts, and reconciliation of supplier statements

• Maintain accurate records of tax filings, VAT, and statutory obligations

• Assist in preparation of annual budgets and financial forecasts

• Participate in internal and external audits, implementing any recommended improvements

Candidate Requirements:

• Bachelor’s degree in Accounting, Finance, or related field (CPA or equivalent certification preferred)

• Minimum 5 years of experience in accounting, with at least 2 years in F&B or hospitality

• Strong knowledge of accounting principles, financial reporting, and F&B cost control

• Experience with POS systems, inventory software, and accounting platforms

• Proficient in Excel and financial modeling

• Strong analytical and organizational skills with keen attention to detail

• Excellent communication and interpersonal skills

• Ability to work independently and in collaboration with cross-functional teams