Restaurant Associates
Position Title : title
Reports To : VP of Finance
Salary : $140,000 - $160,000
Other Forms of Compensation : yearly bonus
Become part of Restaurant Associates, the industry’s leading provider of dining and event catering for some of the nation's most prestigious museums, performing arts centers and corporations! Voted Glassdoor's Employee Choice Awards - Best Places to Work in 2021, !
Job Summary
The Regional Controller is a results-oriented finance role that reports directly to the Divisional VP of Finance working closely with RA’s Operations team to improve profitability and cash-flow.
DUTIES :
- Act as financial advisor and business partner to the VP of Finance.
- Manage and control the annual budgeting process and assist with the presentation to Divisional Management.
- Coordinate the Forecast process and work with the operations team to produce action plans to rectify any performance issues.
- Provide financial evaluation of new business and re-bid proformas, working closely with the sales and operations team to ensure financial goals are achievable.
Improve quality of financial review through benchmarking and sensitivity analysis.
- Negotiate where appropriate in client negotiations e.g., contractual discussions, AR disputes.
- Oversee the monthly close process and working closely with the field accounting team to continually improve the close process.
- Analyze and review of weekly and monthly results and working closely with the operational team in order to agree action plans to resolve financial issues.
- Seek continuous improvement in account profitability through raising financial awareness and financial competence of the operations team.
- Focus on improving business cash-flow notably through : Effective management of Account ReceivablesEfficient utilization of capital investmentSound inventory management
- Ensure sound financial control throughout the region and work closely with the Internal Audit Department to ensure : ICR targets are delivered Audit report recommendations are implemented promptlyLoss prevention disciplines are in place (cash handling, timely payment of invoices, inventory, etc)
- Recruit, coach and develop the financial support staff.
- Ensure that assets are setup properly with accounting and capital assets department by making certain that all invoices are forwarded timely.
- Provide client ad-hoc reporting as needed.
- Review and analyze Compass reporting to proactively confront potential issues.
- Attend divisional and regional meetings as needed.
EDUCATION :
- Must hold a four-(4) year accounting degree
- CPA and MBA also preferable
WORK EXPERIENCE :
Minimum of five (5) years in a Senior Financial role within a Service or Retail organization
Demonstrate leadership qualities
OTHER :
- Proficient in Microsoft Excel, PowerPoint and Word.
- Previous experience with SAP is preferable
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