Accounting Manager Restaurant Industry

About the Role

Arabic Meals Co is seeking an experienced Accounting Manager to oversee the accounting function within the restaurant industry. This full-time position is based in Makkah, with operations spanning Jeddah and Makkah. The role requires strong expertise in accounting management, cost control, branch profitability, financial reporting, and financial systems, with a focus on multi-branch restaurant operations.

Key Responsibilities

• Oversee the accounting function, including month-end closing and preparation of financial statements.
• Manage General Ledger, Accounts Receivable, Accounts Payable, bank accounts, and treasury operations.
• Manage cost accounting, inventory, Cost of Goods Sold (COGS), purchasing, and branch profitability.
• Monitor sales, settlements, commissions, and collections from food delivery platforms.
• Prepare and analyze branch Profit & Loss (P&L), Food Cost, Labor Cost, and other key financial indicators.
• Reconcile Point of Sale (POS) sales, cash, card payments, and delivery platform settlements, and investigate discrepancies.
• Oversee Odoo and Foodics systems, ensuring effective integration and reconciliation between operational and accounting data.
• Prepare and analyze financial reports, budgets, forecasts, and management reports to support decision-making.
• Strengthen financial controls and minimize waste, leakage, errors, and financial discrepancies.
• Lead, supervise, and develop the accounting team, and oversee branch accounting operations.
• Ensure proper accounting procedures, controls, and documentation are implemented across all branches.
• Ensure compliance with ZATCA requirements, including zakat, VAT, tax, and other applicable statutory obligations.

Qualifications and Requirements

• Bachelor's degree in Accounting.
• Minimum of 5 years of recent, hands-on accounting experience within the restaurant / F&B industry.
• Strong experience in accounting management, cost accounting, Food Cost, COGS, inventory, and branch profitability.
• Experience in multi-branch restaurant operations is strongly preferred.
• Strong understanding of POS reconciliation, delivery platform settlements, and restaurant sales reconciliation.
• Proven experience in month-end closing, financial reporting, budgeting, and forecasting.
• Proven experience in leading and supervising accounting teams.
• Valid membership with the Saudi Organization for Chartered and Professional Accountants (SOCPA).
• Strong knowledge of Odoo and Foodics is highly preferred.

Required Skills

• Strong leadership, analytical, problem-solving, decision-making, and financial control skills.
• Ability to manage priorities, work under pressure, and meet month-end and reporting deadlines.

Additional Information

The ideal candidate should be available to join immediately or within a maximum of one month. Salary for this position will be discussed during the interview process.