Finance and Purchasing development manager

Mr. Hospitality•Miami, FL

About The Position

The Finance and Purchasing Development Manager is responsible for leading and implementing all financial management and expansion‑related initiatives across multiple food and beverage fine dining venue. This role ensures profitability through efficient cost control, robust financial planning, and strategic procurement practices. The manager develops, standardizes, and implements financial and purchasing procedures while training teams on accounting operations, reporting, forecasting, and project‑based budget management. Serving as a strategic partner to the executive team, this position plays a key role in building a high‑performing finance and purchasing infrastructure to support scalable, sustainable growth across all business units.

Requirements

Bachelor’s degree in Accounting, Finance, Business Administration, or related field required.
Minimum of 5 years of progressive experience in finance, accounting, or purchasing within multi-unit or food & beverage operations.
Proven experience developing and implementing financial systems, procedures, and cost-control frameworks.
Hands-on experience performing accounting, purchasing, and reporting tasks before transitioning them into structured workflows.
Background in training, mentoring, or leading cross-functional teams in financial or operational systems.
Strong understanding of financial management, cost accounting, and purchasing principles .
Advanced knowledge of Excel, financial modeling, and accounting software (e.g., QuickBooks, NetSuite, Sage AccountEdge, CCH Tagetik, M3).
Knowledge of inventory management, procurement systems, and vendor negotiation techniques.
Ability to design and document effective standard operating procedures (SOPs) and training materials.
Familiarity with U.S. GAAP compliance, financial reporting, and audit preparation.
Fluency in English, French, and Spanish is required to effectively communicate with a diverse team
Exhibits strong leadership and team-building skills, inspiring and developing staff to achieve their best.
Hands-on, analytical, and highly organized, with an ability to move easily between strategy and execution.
Detail-oriented and process-driven, with a strong focus on accuracy and accountability.
Collaborative leader who fosters a culture of continuous learning and development.
Adaptable and resourceful when managing change, growth, and competing priorities.
Strong problem-solving mindset with a proactive approach to identifying and implementing improvements.
Maintains composure and professionalism, treating others with respect and upholding high ethical standards.
Consistently reliable and punctual, setting a positive example for the team.
Committed to ongoing professional development and actively sharing knowledge to support team growth.
Willingness to travel domestically for new project openings and audits.
Availability to work flexible hours based on business needs
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.

Nice To Haves

Master’s degree (MBA or Finance specialization) preferred.
Professional certifications such as CPA, CMA, or CFM highly desirable
Exposure to new unit openings, project budgeting, and business expansion planning preferred.

Responsibilities

Financial Operations and Procedure Development Perform and oversee core financial tasks—including accounting entries, reconciliations, reporting, and cost analysis—to gain a full understanding of operations.
Develop and document standardized financial workflows, policies, and operating procedures across all F&B units.
Implement practical systems for budgeting, forecasting, expense tracking, and project cost control.
Create reporting formats and accountability structures to support accurate, transparent, and timely financial management.
Evaluate existing financial practices, identify inefficiencies, and redesign processes to improve accuracy, speed, and control.
Establish and maintain internal controls; coordinate periodic audits to ensure compliance and data integrity.
Introduce continuous efficiency improvements through automation, standardized tools, and technology upgrades
Training, Implementation, and Team Development Lead the rollout of new financial and purchasing procedures by training and mentoring staff across departments.
Conduct hands-on demonstrations of best practices before delegating responsibilities, ensuring full understanding of new workflows.
Develop and deliver structured training programs and procedural guides for finance, purchasing, and operational management teams.
Collaborate with unit managers to ensure consistent system adoption and performance compliance across all locations.
Build and lead a capable, process-driven finance and purchasing department that supports sustainable and scalable growth.
Create performance metrics and feedback mechanisms to assess team adherence and identify further training needs.
Purchasing and Cost Management Conduct hands-on procurement tasks to map current purchasing operations and identify process improvements.
Design and standardize vendor management systems, purchasing workflows, and approval hierarchies.
Train purchasing and operations teams on efficient sourcing, price analysis, supplier negotiations, and inventory management.
Establish cost-tracking dashboards to monitor usage, reduce waste, and optimize profitability by unit.
Negotiate vendor agreements and purchasing contracts aligned with financial goals, quality standards, and expansion objectives.
Partner with operations to synchronize purchasing plans with menu development, seasonal trends, and projected sales.
Strategic, Compliance, and Expansion Support Lead financial planning and forecasting for new openings, renovations, and expansion projects.
Prepare project budgets, monitor spending, evaluate financial feasibility, and recommend corrective actions as needed.
Collaborate closely with the executive team to align financial and procurement systems with broader business strategies.
Ensure compliance with all legal, fiscal, and internal policy requirements.
Develop compliance reviews and reporting mechanisms to track efficiency and policy adherence.
Adaptability & Continuous Improvement Anticipate business needs and adapt procedures, priorities, and tools to evolving operational demands.
Promote a culture of continuous learning, cross-training, and professional development within the finance and purchasing teams.
Encourage innovation, process automation, and creative problem-solving at every operational level.
Stay informed of F&B industry trends, technology advancements, and cost optimization practices to maintain a competitive edge.