Key Responsibilities

Financial Reporting and Analysis

- Oversee the preparation and submission of monthly and annual financial reports for all venues, ensuring accuracy and alignment with overall business goals

- Collaborate closely with TMG Accounting for P&L and budget reporting, ensuring alignment with internal financial goals and company-wide standards

- Analyze financial data, including trends, variances, and performance metrics, to provide actionable insights to the GGM and other senior leaders.

- Present comprehensive financial reporting to senior management summarizing key financial metrics and performance, and offering recommendations for improvement

Budget Manager and Forecasting

- Develop and maintain the annual budgets for all F&B venues, ensuring that each venue's financial objectives align with overall corporate goals

- Track and monitor budget performance, providing monthly forecasts and adjusting financial projections as necessary

- Collaborate with TMG Account to ensure all budget data is consistent and in line with P&L reporting

Cost control and Profitability Analysis

- Implement and manage cost control systems to ensure financial efficiency across all venues, focusing on food and beverage costs, labor cost, and overhead expenses

- Perform cost-benefit analyses on menu items, ingredients sourcing, and supplier contracts to ensure maximum profitability

- Work with TMG Accounting to integrate financial data into actionable strategies for enhancing operational margins and cost efficiency

Inventory and Cash Management

- Oversee inventory management, ensuring that inventory systems are accurate and reflect the actual usage of goods

- Coordinate with TMG Accounting on inventory and procurement reporting, identifying areas to minimize waste and optimize stock levels

- Manage cash handling and banking activities, ensuring compliance with company policies and safeguarding financial assets

Regulatory Compliance and Audit Management

- Ensure compliance with all relevant financial regulations, including local tax laws, reporting requirements, and industry standards

- Work with TMG Accounting during the audit process to ensure financial data is prepared in line with external audit requirements

- Implement and oversee internal controls to protect against fraud and mismanagement and ensure financial integrity

Cross-Functional Collaboration

- Work closely with Operations Directors, Culinary Directors, and other senior leaders to ensure financial alignment with operational strategies

- Coordinate with TMG Accounting on monthly P&L reporting, ensuring timely and accurate financial data is provided to the team

- Support business development, new ventures, and venue expansion projects with financial analysis and profitability assessments

Team Leadership and Development

- Lead a small team of F&B accountants, providing guidance, training and mentorship to ensure adherence to company policies and accurate financial reporting

- Promote a culture of continuous improvement and high standards in financial reporting, ensuring the team is equipped to handle complex financial challenges

- Ensure the team is aligned with TMG Accounting's systems and policies, facilitating effective communication and alignment across all financial functions

Technology and system Implementation

- Oversee the implementation and integration of financial systems that align with TMG Accounting's tools and systems

- Ensure all F&B venues utilize efficient financial systems for managing P&L and budgeting, optimizing overall reporting efficiency

- Collaborate with TMG Accounting to improve current financial systems and identify potential upgrades or enhancements

Sustainability and Cost Efficiency

- Collaborate with the senior leadership team to integrate sustainability efforts into financial decisions

- Monitor the impact of sustainability initiatives on cost and profitability and work with TMG Accounting to report on progress and outcomes

Qualifications and Experience

- Minimum of 5-7 years of experience in Financial management, withing the F&B or hospitality industry

- Proven expertise in budget management, cost control, and P&L reporting in multi-venue operations

- Strong understanding of accounting principles, financial regulations, and compliance standards

- Experience with F&B-specific financial management tools and accounting software (e.g., Sage, Quickbooks, etc.)

- Degrees in Accounting, Finance, or related field; professional certification (e.g., CPA, ACCA) are preferred

- Fair to good in English, Thai language skills are highly desirable

Accounting/Cost Control Manager : F&B Horeca