Manager, Accounting (Restaurant – A/R)

Panda Restaurant Group•Rosemead, CA

32d•Hybrid

About The Position

The Manager, Accounting (Restaurant – A/R) is responsible for managing all A/R accounting functions related to domestic and international franchised, licensed, and non-traditional company-owned restaurant locations. This includes the preparation of periodic, annual, and ad hoc financial reports for leadership. This position works closely with the Legal team to ensure compliance with accounting-related terms in agreements and contracts and oversees relationships with Accounts Receivable partners. The Manager, Accounting also supports the balance sheet reconciliation process. Additionally, this position leads the annual licensee/franchise audit and contributes to the preparation of Franchise Disclosure Document (FDD) reporting. The Manager, Accounting manages a team of professional and support staff, providing coaching and development to enhance team performance and drive continuous improvement.

Requirements

Bachelor’s degree required; major in Business/Accounting preferred with course work in Accounting required; CPA preferred
5+ years of experience in private/public industry accounting with increasing management responsibility. Nationally recognized public accounting firm experience preferred
Obtaining a valid Food Handler's Card within 30 days of employment is a requirement of this position.
If hired, completion of annual store training.

Responsibilities

Responsible for the interface of the A/R subsystem, review and record royalties on a timely basis, and handle the billing of licensed stores while working with the International & Domestic Licensing team.
Interpret and update contracts in the A/R subsystem as the basis for billing. Propose adjustments (journal entries) and post them to the General Ledger.
Manages a team of professional and support staff, providing coaching and development to enhance team performance and drive continuous improvement. Assists Accounting leadership with recruiting and retaining staff.
Provides support to the licensee business team, including business analysis, ad hoc reporting, and managing licensee accounts receivable to ensure proper revenue recognition and timely collection. Leads the Licensee/Franchise annual audit.
Leads non-traditional company-owned accounts receivable, partner with the Legal team to ensure accounting compliance, and manage accounts receivable to ensure timely collection.
Prepares periodic account reconciliations and reporting.
Develops and implements accounting policies and procedures to ensure proper controls are in place.
Drives continuous improvement initiatives and special projects to further enhance and simplify processes.
Provides customer service to Operations (GMs) in assigned regions, helping them understand P&Ls and responding to questions or issues.