LN Concerts, F&B Controller

THE JOB

As Food & Beverage Controller, you will be responsible for ensuring the accurate management and reporting of all O&O venues financial results working with each location self-operating leadership team or concessionaire to develop action plans to continually drive financial performance.

The Controller remains part of the core F&B leadership team, participating in management meetings and building strong relationships with location stakeholders.

The ideal candidate will be an experienced and dynamic Finance / Accounting professional with strong F&B operational experience also.

They will understand financial concepts and how these relate to operational procedures and outcomes.

WHAT THIS ROLE WILL DO

• Ensuring accurate, timely, and consistent reporting of financial reporting from each self-operating and concessionaire operation
• Collaborate with accounting and analytics teams to develop standard reporting procedures for food and beverage financials.
• Research variances from budgeted costs and margin at the venue level.
• Work cross functionally with finance, operations, and culinary to develop targeted financial goals that align with business objectives.
• Partner with operations and executives to socialize and clearly explain financial goals and targets, ensuring a clear understanding.
• Work with Analytics team to understand each of the venues programs and how efficient they continue to be executed.
• Collaborate with analytics team to develop action plans driving financial performance which would include but not limited to;

Food Inventory & Cost ControlsBeverage Inventory & Cost ControlsLabor Planning and ControlsOperating Costs and Controls

• Working with operations teams to understand financial data and take actions to drive improvements where necessary hold monthly results review with clear communications and path towards greater efficiencies and results moving forward
• Work closely with accounting team to ensure settlements at the end of each calendar month are accurate (both self-operating and concessionaire)
• Working with location leader to continually refine and update location financial forecasts
• Complete a monthly report that details each venues results with full transparency to full Venue Nation Leadership team
• Work with legal and accounting teams to ensure all third-party venues are balanced to their contractual obligation
• Apply the financial policies and procedures of the company. Bring inconsistencies and problems to the attention of management.
• Assist corporate and venues management in preparation of all key budget schedules across an array of restaurants; analyze budget data and assist in preparation of required budget schedules.
• Managing an accurate and timely month-end close process for all self-operating venues
• Work closely with Analytics team during the annual budgetary processes to ensure that all venues are included accurately through the process
• Other duties and responsibilities as assigned

WHAT THIS PERSON WILL BRING

• A minimum of 5 years’ experience with revenue control, financial reporting and cash handling responsibilities, at least 3 years in a similar capacity
• Accounting experience in foodservice or retail industry required, foodservice operations experience a must.
• Ability to communicate financial results effectively to upper management.
• Business Degree and / or CPA certification is preferred.
• High level of computer literacy
• Passion for hospitality, food, and retail
• Excellent interpersonal and stakeholder management skills
• Ability to work non-standard hours as dictated by event schedule.

BENEFITS & PERKS - Our motto is Taking Care of Our Own’ through 6 pillars of benefits :

• HEALTH : Medical, Dental and Vision benefits for you and your family, including Flexible Spending Accounts (FSA) and Health Savings Accounts (HSAs)
• YOURSELF : Paid time off policy including holidays, sick time and day off for your birthday, free concert tickets
• WEALTH : 401(k) program with company match, Stock Program Reimbursement
• FAMILY : New parent programs & support including caregiver leave and infertility support
• CAREER : Tuition reimbursement, student loan repayment internal growth and development programs & trainings
• OTHERS : Volunteer time off, crowdfunding network
30+ days ago