Chief Accountant📣 Job Ad

About the Role

shawarmaandsauce, a prominent restaurant group, is seeking a Chief Accountant to join their team in Makkah, Saudi Arabia. This is a full-time position requiring a professional with direct and substantial experience within the multi-branch restaurant sector. The role offers a salary range of SAR 5,625 to SAR 7,500.

Key Responsibilities

• Lead the accounting department and oversee the complete accounting cycle, including monthly and annual closings.
• Review and correct the Chart of Accounts, ensuring the integrity of all accounting entries and classifications.
• Prepare Profit & Loss statements for the company, individual branches, and cost centers, and analyze the underlying reasons for profit and loss fluctuations.
• Develop Budget & Forecast reports, compare actual financial results against the budget, and analyze variances.
• Manage and review Cash Flow, financial obligations, and overall liquidity.
• Conduct and review reconciliations for suppliers, banks, sales points, and sales transactions.
• Review accounts and reconciliations related to delivery applications, commissions, discounts, campaigns, and Value Added Tax (VAT).
• Supervise Food Cost, including recipe costs, raw materials, packaging, and waste management.
• Analyze Actual Cost versus Theoretical Cost and identify reasons for cost and consumption variances.
• Review Recipe Costing to ensure the accuracy of item costs and link them effectively to inventory and purchases.
• Analyze the profitability of individual items, branches, and various sales channels.
• Review product pricing across branches and delivery applications, considering cost, tax, commissions, and targeted profit margins.
• Monitor inventory levels, stock, waste, damaged goods, and consumption variances.
• Develop and implement internal control procedures and financial policies.
• Ensure compliance with Zakat, Value Added Tax, and other related regulatory obligations.
• Submit clear and concise financial reports to management to support informed decision-making.

Qualifications and Experience

• Bachelor’s degree in Accounting or Finance.
• A minimum of 5 years of experience in financial accounting.
• Direct and confirmed experience in the multi-branch restaurant sector is essential.
• Proven experience as a Chief Accountant or in a similar supervisory financial position.

Required Skills and Competencies

• Strong practical experience in Restaurant Accounting, Food Cost management, Inventory control, Recipe Costing, P&L analysis, Budgeting, and Cash Flow management.
• Practical experience in reconciliations and accounting for delivery applications.
• Demonstrated ability to conduct supplier, bank, and sales point reconciliations, and effectively resolve variances.
• Advanced proficiency in Microsoft Excel, accounting systems, and Point of Sale (POS) systems.
• A practical and detail-oriented personality, capable of thoroughly verifying numbers and documents beyond just report preparation.

Work Environment and Conditions

This is a full-time role based in Makkah. Candidates must be willing to work on-site and possess transferable sponsorship.

Application Information

We invite qualified candidates who meet the specified requirements to apply for this position.