Senior Financial Analyst – Chocomelt
Role Objective:
The primary objective of a Senior Financial Analyst (SFA) is to provide an accurate and insightful financial analysis that supports strategic decision-making, drives financial performance, and ensures the organization’s financial health.
Key Responsibilities & Accountabilities
1. Financial Analysis
- Analyze financial data to provide insights into business performance.
- Prepare detailed variance analyses, comparing actual performance against budgets and forecasts.
- Conduct profitability analyses for projects, products, or departments.
- Assess menu performance, identify high-margin items, and recommend pricing strategies.
2. Budgeting and Forecasting
- Assist in preparing annual budgets and periodic forecasts.
- Collaborate with various departments to ensure accurate and realistic projections.
- Monitor budget adherence and recommend corrective actions as necessary.
3. Financial Reporting
- Prepare monthly, quarterly, and annual financial reports for management and stakeholders.
- Consolidate financial data from multiple sources while ensuring accuracy.
- Support compliance with internal and external reporting standards.
4. Strategic Planning
- Develop financial models to support decisions on business expansion, investments, or cost-saving initiatives.
- Contribute to long-term financial planning and strategy development.
- Identify risks and opportunities based on financial trends.
5. Cost Management
- Analyze costs and identify opportunities for reduction or efficiency improvement.
- Develop financial strategies to optimize resource allocation.
6. Business Partnering
- Collaborate with operations, marketing, and other departments to provide financial insights and support.
- Act as a trusted advisor to leadership for financial decision-making.
7. Compliance and Risk Management
- Ensure compliance with company policies, accounting standards (e.g., GAAP or IFRS), and regulatory requirements.
- Support internal and external audits.
- Identify financial risks and propose mitigation strategies.
Knowledge:
1. Expertise in food cost management, labor cost analysis, and other controllable expenses
2. Advanced accounting background for the day to day operations in a restaurant.
3. Ability to analyze complex data.
4. Strong quantitative and analytical competency
System skills required:
1. Oracle Fusion ERP
2. MS Word/MS Excel/Power point skills
3. Restaurant POS Systems
Education/Qualifications:
1. Bachelor’s degree in finance/accounting
2. CA/ACCA/CPA
Experiences:
1. 3–5 years in the F&B industry or a similar customer-focused, high-volume industry.
2. Minimum of 2 years of experience in FA/SFA position
3. Proven work experience in a quantitatively heavy role
Job Details
| Posted Date: | 2025-01-06 |
| Job Location: | Kuwait – Al Kuwait |
| Job Role: | Finance and Investment |
| Company Industry: | Catering, Food Service, & Restaurant; Food & Beverage Production |
| Monthly Salary: | US $3,000 |
