Restaurant ACCOUNTANT (Nariman Point)

Job Summary

We are seeking a detail-oriented and analytical Accountant with proven experience in the hospitality industry (hotel/restaurant). The ideal candidate will be responsible for managing financial reporting, preparing Profit & Loss statements, generating sales performance reports, and overseeing cost control processes to ensure financial accuracy and operational efficiency.

This role requires strong analytical skills, hands-on experience with hospitality accounting practices, and the ability to work closely with operations teams to drive profitability.

Key Responsibilities Financial Reporting & P&L; Management

• Prepare and present monthly Profit & Loss (P&L;) statements for management review
• Analyze revenue, cost of goods sold (COGS), and operational expenses
• Identify variances and provide detailed explanations with corrective action recommendations
• Prepare balance sheet reconciliations and support month-end closing activities

Sales Reporting & Revenue Analysis

• Generate daily, weekly, and monthly sales performance reports
• Monitor outlet-wise revenue trends and highlight performance gaps
• Reconcile POS sales with accounting records
• Track discounts, voids, and promotional impact on revenue

Cost Control & Inventory Management

• Monitor food and beverage cost percentages
• Conduct periodic inventory audits (food, beverage, and supplies)
• Analyze stock movement, wastage, and shrinkage
• Ensure accurate stock valuation and reconciliation
• Work closely with operations and procurement teams to control costs

Budgeting & Forecasting

• Assist in annual budgeting and financial forecasting
• Monitor budget vs. actual performance
• Support cash flow planning and working capital management

Compliance & Record Keeping

• Maintain accurate financial records and documentation
• Ensure compliance with statutory requirements (GST, TDS, etc. as applicable)
• Coordinate with auditors during internal and external audits
• Ensure proper internal financial controls are maintained

Requirements

• Proven accounting experience in the hospitality industry (Hotel / Restaurant / QSR)
• Strong knowledge of P&L; preparation, MIS reporting, and financial analysis
• Hands-on experience in food & beverage cost control and inventory management
• Experience working with POS systems and accounting software (e.g., Tally, SAP, Zoho, etc.)
• Advanced knowledge of MS Excel (pivot tables, VLOOKUP/XLOOKUP, data analysis)
• Strong attention to detail and analytical mindset
• Good communication and coordination skills

Preferred Qualifications

• Bachelor’s degree in Accounting, Finance, or Commerce
• CA Inter / CMA / MBA Finance (preferred but not mandatory)
• 3–6 years of relevant hospitality accounting experience

Key Competencies

• Financial Analysis
• Cost Optimization
• Data Accuracy & Attention to Detail
• Process Improvement
• Confidentiality & Integrity

Job Type: Full time

Pay: ₹30,000.00 - ₹55,000.00 per month

Work Location: In person