Accountant (Food Retail Industry) - Onsite - #35298
Manila Recruitment - Recruitment Agency Executive Search Firm and Headhunters in the Philippines
This is a great opportunity to join a growing company where you can develop your skills, gain valuable industry experience, and work with a professional team. Also offers an opportunity for career growth, exposure to different business operations, and the chance to build a long-term career with the company.
Company Profile:
Our client is a F&B franchise operator bringing food brands into the local market. It currently operates four established franchises.
Overall purpose and responsibilities of the role:
The Accountant will oversee the accounting and financial monitoring of a single-branch store. The role will be responsible for maintaining accurate financial records, monitoring sales and inventory, and providing management with regular financial reports and insights.
- Manage day-to-day accounting activities for the branch, records daily sales, meal transactions, commissary deliveries, local purchases, utilities, rentals, and other financial transactions
- Monitor and reconcile daily sales and collections
- Review daily sales reports from all store locations
- Track inventory movements, stock levels, and inventory costs
- Monitor and reconcile store inventories
- Prepare monthly financial reports and account/bank reconciliations
- Generate periodic financial reports for management review
- Monitor expenses, payables, and other branch-related financial transactions
- Identify and investigate discrepancies in sales, inventory, and cash records
- Assist in budgeting, forecasting, and financial analysis
- Manage cash and check handling, supplier payments (weekly and month-end), store fund replenishment and payroll disbursement
- Prepare monthly tax reports, process local and national tax payments and ensure timely payroll remittances and compliance
- Ensure compliance with company financial policies
- Prepare financial statements and other required financial reports
- File and organize invoices and financial documents
- Conducts audit on cash, inventory (Weekly and mid-month) and fixed asset counts to ensure accuracy and accountability
- Ensure accurate and timely recording of all financial transactions
- Coordinate with store managers and branch operations to ensure proper documentation, controls and financial matters
- Provide management with financial insights and recommendations to improve branch profitability
- Perform, Compile, record (bookkeeping), process, analyze old records for future reference and financial recording tasks.
- Maintain accurate records using SAP system and Excel applications
- Handle accounts payable and receivable processes
- Assist with month-end and year-end closing procedures
- Maintain communication with admin manager and managing director
- Weekly and mid-month-end inventory check/audit — reviewing stock and inventory at the store.
- Will occasionally travel to two branches to conduct account and inventory audits, approximately once a month or once every two months for the Cabanatuan branch.
Requirements
- Bachelor’s degree in Accounting, Finance, or a related field
- 2–3 years of relevant accounting experience
- Retail/Food Industry experience strongly preferred
- Previous experience with Franchise operation is an advantage.
- Experience handling sales, inventory, and store-level accounting is preferred
- Strong knowledge of Accounting principles and Financial reporting
- Experience in Payroll.
- Audit experience is required, preferably involving branch operations, accounts, or inventory.
- Proficient in Microsoft Excel (Required) and SAP Accounting software (Highly preferred but not required)
- xperience with inventory management systems
- Familiarity with banking applications and online portals
- Detail-oriented and highly organized
- Flexible and reliable
- Excellent communication skills for coordination with store staff
- Ability to work independently and take initiative
- Problem-solving and analytical thinking capabilities
- CPA license is not required
Job type: Permanent
Emp type: Full-time
Schedule: Monday - Friday, 9:00 AM to 5:00 PM
Location: NAIA terminal 3 Fast Food Branch and office (TBA)
Industry: Food & Beverage Franchise Industry
Expertise: Accountant (Payroll, Tax, Inventory)
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