Restaurant Accountant at Festan Foods Ventures

Festan Foods Ventures is a leading foodservice consulting firm dedicated to empowering restaurants, food establishments, and food-related businesses to achieve operational excellence. We leverage our deep industry expertise and extensive resources to drive success in the operation of Quick Service Restaurant (QSR) sector. Our quality assurance services are designed to enhance operations, elevate customer satisfaction, we positioning our clients for long-term success in a competitive market. At Festan Foods we are passionate foodie who understands that food creation is an art which can be as complex as the masterminds behind it. We help small businesses grow.

Our mission is to provide expert guidance, innovative solutions, and personalized support to foodservice businesses. We are committed to helping our clients optimize their operations, enhance customer satisfaction, and increase profitability through tailored strategies and actionable insights.

We are recruiting to fill the position below:

Job Title: Restaurant Accountant

Location: Igando, Lagos
Employment Type: Full-time

Job Summary

• The Restaurant Accountant is responsible for managing the financial operations of the restaurant, ensuring accurate financial reporting, and maintaining compliance with accounting standards. 
• This role involves overseeing accounts payable and receivable, payroll, to support the restaurant's profitability and operational efficiency.

Key Responsibilities
Financial Reporting:

• Prepare and submit monthly, quarterly, and annual financial reports to management.

Budgeting and Forecasting:

• Assist in preparing annual budgets and forecasts.
• Monitor and analyze actual performance against budget and forecast.

Accounts Payable and Receivable:

• Manage and process accounts payable and receivable.
• Ensure timely payment of invoices and follow up on outstanding payments.

Inventory Management:

• Monitor and analyze inventory levels and usage.
• Implement inventory management systems and procedures.

Compliance and Internal Controls:

• Ensure compliance with accounting standards, laws, and regulations.
• Implement and maintain internal controls to safeguard assets and prevent fraud.

Taxation and VAT:

• Ensure compliance with tax laws and regulations.
• Prepare and submit tax returns and VAT reports.

Audits and Financial Reviews:

• Assist with internal and external audits.
• Implement recommendations from audits and financial reviews.

Staff Supervision and Training:

• Supervise and train accounting staff.
• Ensure that accounting staff are aware of and comply with accounting policies and procedures.

Requirements
Qualifications:

• Bachelor's Degree in Accounting or related field.
• Experience: 3-5 years of experience in accounting, preferably in the hospitality industry.

Skills:

• Strong knowledge of accounting principles and practices.
• Proficient in accounting software .
• Excellent analytical and problem-solving skills.
• Strong communication and interpersonal skills.

Personal Qualities:

• High level of integrity and professionalism.
• Ability to work under pressure and meet deadlines.
• Strong attention to detail and organizational skills.

Salary
N100,000 - N120,000 monthly.

Application Closing Date
21st March, 2025.

Method of Application
Interested and qualified candidates should send their CV to: festanfoods@gmail.com using the Job Title as the subject of the mail.