Job Summary

We are looking for an experienced Accounts Manager to oversee the complete finance and accounting function of an F&B; business. The role will be responsible for financial reporting, outlet-wise accounting, cash and sales reconciliation, inventory and food-cost control, statutory compliance, budgeting, audit coordination, and financial controls.

Key Responsibilities1. Accounts Payable Position

- Manage the complete accounts payable process, including invoice receipt, verification, coding, approval, and posting.
- Match supplier invoices with purchase orders, goods receipt notes, and supporting documents.
- Maintain accurate vendor ledgers and perform regular vendor reconciliations.
- Prepare payment schedules based on agreed credit terms and management approvals.
- Monitor outstanding payables, advances, debit notes, credit notes, and disputed invoices.
- Ensure timely and accurate processing of supplier payments.
- Coordinate with procurement, stores, and operations teams to resolve invoice and delivery discrepancies.
- Maintain proper documentation for audits and statutory requirements.
- Support GST, TDS, and other applicable compliance related to vendor transactions.
- Prepare accounts payable ageing reports and provide updates to management.

1. Bank Transactions & Reconciliation Position

- Record and monitor all bank transactions, including deposits, withdrawals, transfers, payments, receipts, and bank charges.
- Perform daily and monthly bank reconciliations for all company and outlet bank accounts.
- Reconcile POS settlements, card payments, online delivery collections, cash deposits, and bank credits.
- Investigate and resolve unreconciled items, unidentified receipts, failed settlements, and timing differences.
- Verify payment instructions,



bank transfers, cheque transactions, and supporting approvals.
- Maintain accurate bank ledgers and ensure timely posting of all transactions.
- Monitor cash collections and ensure deposits are made according to company policy.
- Prepare daily cash and bank position reports.
- Coordinate with banks, payment gateways, outlets, and internal departments to resolve transaction issues.
- Maintain proper records of bank statements, payment confirmations, and reconciliation reports.
- Support cash-flow monitoring and provide information for payment planning.

1. MIS & P&L; Reporting Position

- Prepare timely and accurate monthly, weekly, and daily MIS reports for management.
- Prepare outlet-wise and company-level Profit & Loss statements.
- Analyze revenue, food cost, beverage cost, payroll, rent, utilities, operating expenses, and profitability.
- Reconcile sales and expense data with the accounting system, POS reports, and operational records.
- Prepare budget-versus-actual reports and investigate significant variances.
- Monitor outlet-wise revenue, gross margins, contribution margins, and operating profitability.
- Prepare management dashboards and key performance indicator reports.
- Track food cost percentage, beverage cost percentage, wastage, discounts, complimentary sales, and delivery-platform commissions.




- Provide financial analysis and recommendations to improve profitability and control costs.
- Support budgeting, forecasting, month-end closing, and management review meetings.
- Ensure all MIS and P&L; reports are accurate, properly supported, and submitted within agreed deadlines.
- Coordinate with operations, procurement, stores, payroll, and accounts teams to collect and validate reporting data.

F&B-Specific; KPIs
- Daily sales reconciliation accuracy
- Food & beverage cost percentage
- Inventory variance and wastage control
- Outlet-wise gross margin
- Timeliness of monthly financial closing
- Accuracy of MIS and financial reports
- Accounts payable and receivable ageing
- Statutory compliance timelines
- Reduction in accounting discrepancies
- Effective expense and cost control

Qualifications & Experience
- Bachelor's degree in Commerce, Accounting, Finance, or related field.
- CA Inter / CMA / ACCA qualification will be an advantage.
- 6–10 years of accounting experience, preferably with 2–4 years in a managerial role.
- Prior experience in F&B;, restaurants, hotels, hospitality, or retail preferred.
- Strong knowledge of accounting principles, GST, TDS, and financial reporting.
- Excellent knowledge of MS Excel and ERP/accounting software.
- Experience with POS systems and online food-delivery settlements is highly desirable.

Key Competencies
- Financial accounting
- F&B; cost control
- Revenue and POS reconciliation
- Inventory accounting
- Budgeting & forecasting
- MIS reporting
- GST & statutory compliance
- Audit management
- Team leadership
- Analytical and problem-solving skills
- Robust attention to detail

Benefits:
- Cell phone reimbursement
- Provident Fund

Work Location: In person

📌 Accounts Manager – F&B (Shaikpet)
🏢 YR GLOBAL SERVICES PRIVATE
📍 Shaikpet