Divisional Financial Controller

Compass Group USA Inc•Arlington, TX

46d•$120,000 - $145,000

About The Position

Since 1986, Occasions Caterers is a full service catering firm located in Washington DC and had built its premier reputation for flawless execution of elegant events. The Occasions' team works closely with our clients to design, customize and create remarkable events. We have grown in size but maintain a boutique approach with a focus on custom menus, creative décor, expert planning and gracious service. We craft experiences through food, design and hospitality to reï¬ect our clients unique style, taste and vision. Come join our team of inspired professionals and be a part of the unmatched scope of knowledge, resources and relationships to produce events that exceed our clients expectation and delight in every way.

Requirements

5-7+ years of progressive hands-on experience in accounting and financial control, with an emphasis on food, labor, and overhead expenses experience, preferably in the Foodservice, Catering, Hotel or Hospitality industries.
Four (4) year Bachelor's degree in Finance, Accounting or Economics is required.
Proven expertise in cost control, forecasting, accounts receivable, and accounts payable management is required.
Excellent time management skills with a proven ability to meet deadlines.
Knowledge of inventory and supply chain management, preferably in a foodservice industry
Strong interpersonal and communication skills.
Proactive individual, who seeks to continuously learn, take on additional responsibility as needed, and improve processes and procedures.
Ability to deal with ambiguity and change in a dynamic business environment.
Proficient in ERP systems (e.g. SAP, NetSuite, or Oracle) and have advanced Excel skills.

Responsibilities

Monitor and analyze daily, weekly, and monthly operational costs (food, labor, and overhead costs) across all business units.
Issue operating cost spending targets to Operations Managers for the week and/or month, track spend against target, and issue reporting of spend vs target to Operations Managers.
Partner with Operations Managers to ensure operating cost spending is in line to their given target.
Prepare management reports to Vice President of Operations & Sr Finance Manager and present findings with actionable recommendations.
Prepare and record accruals for accounts receivable, accounts payable, sales, expenses, and inventory.
Ensure timely and accurate month-end close processes and financial reporting.
Own accurateness of P&L and Balance Sheet for Occasions.
Reconcile key balance sheet accounts and ensure accurate revenue and expense recognition.
Oversee the end-to-end accounts payable function, ensuring accurate, timely, and compliant processing of vendor invoices and payments.
Enter invoices into the Accounts Payable system and into Sales Order and Invoicing system (CxP) to ensure accurate billing to clients for Catering Events.
Manage relationships with vendors and suppliers, addressing discrepancies and ensuring alignment with contractual terms.
Maintaining relationships with Corporate teams to ensure new vendors & suppliers are set up in Accounts Pable and ERP systems in a timely fashion and inclusive of pertinent data and payment terms.
Help to resolve disputes with suppliers/vendors for misapplied payments or shorted payments.
Develop and maintain detailed cost/overhead forecasting models for catering operations.
Work closely with Operations Managers and Sr Finance Manager to flash anticipated operating expenses for the Division for the month.
Flashes are updated on a weekly basis.
Support the Senior Finance Manager in developing the annual budget and forecast updates for operating expenses.
Serve as a financial point of contact for between operations, procurement, OCC senior leadership, and the Restaurant Associates Finance team.
Communicate and present financial results and guidance clearly to financial and non-financial stakeholders.