Finance Executive

Key Responsibilities

• Prepare and analyze budgets, ensuring financial efficiency and cost control.
• Manage full financial reporting for multiple outlets, ensuring accuracy and compliance.
• Preparation of SST computation and submission, monitor service charges and tax implications for menu pricing.
• Manage accounts payable and receivable, ensuring timely payments and collections.
• Track inventory costing using FIFO or Weighted Average Cost methods.
• Conduct monthly stock take to ensure accurate inventory valuation and minimize discrepancies.
• Analyze food cost percentages and profitability metrics to support pricing strategies.
• Ensure audit readiness by maintaining accurate financial records.
• Collaborate with operations teams to optimize procurement and cost control.
• Prepare financial reports and insights for senior management decision-making.
• Liaise with auditors, tax consultants, and regulatory bodies to ensure compliance.
• Develop and refine financial SOPs to enhance efficiency and transparency.
• Contribute to setting SOPs for financial workflows, payment processes, and inventory management.

Requirements

• Bachelor’s degree in accounting, Finance, or a related field.
• preferably in F&B or related industries, 1-2 years working experience.
• Strong understanding of SST compliance, service charges, and tax regulations.
• Experience with inventory costing methods and financial benchmarking.
• Proficiency in Microsoft Excel, Point of Sales (POS) systems, and accounting software
• Excellent analytical and problem-solving skills.
• Ability to work independently and manage multiple financial tasks.
• Strong communication skills and team player.