Food & Beverage Accountant

Job Category: Food & Beverage Accountant

Location: Jeddah, Saudi Arabia

Schedule: Full-Time

Experience: At least 1 year working in a similar industry.

Iqama Transition: Required.

Job Description:

Under direct supervision of the Controller, performs the daily activities of the Food and Beverage accounting function at the facility and other duties as required by the Manager.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

1. Maintains F&B inventory detail records; performs F&B event settlements and event income (flash) reports.
2. Preparation of F&B facility financial statements and supporting schedules.
3. Reconciles general ledger account activity, balances A/R and A/P control accounts to detail aging.
4. Maintains F&B cash balance records, reconciles cash receipts and disbursements to the general ledger.
5. Accounts for facility F&B financial transactions and inputs event journal entries.
6. Assists A/R and A/P clerks with coding of receipts and disbursements into the general ledger.
7. Performs monthly account analysis on F&B general ledger accounts and prepares adjusting journal entries.
8. Coordinates internal and external audits of the facility F&B financial records.
9. Prepares monthly schedules for F&B Sales and Mixed Beverage Tax remittances.
10. Reconciles event POS system reports and contracted vendor settlement statements.
11. Audits F&B cash handling procedures and performs cash vault audits.
12. Analyzes F&B credit card settlements and chargebacks.
13. Reconciles monthly F&B inventory reports and cost of sales calculations.

KNOWLEDGE, SKILLS AND ABILITIES:

1. Thorough knowledge of financial and cost accounting.
2. Knowledge of spreadsheets and word processing software.
3. Excellent math skills and attention to detail.
4. Effective communication, interpersonal and organizational skills required.
5. Ability to interact with all levels of staff including management and clients.
6. Detail-oriented.
7. Ability to function independently with minimal supervision.
8. Critical thinking and problem-solving skills.
9. Organize and prioritize work to meet deadlines.
10. Work effectively under pressure and/or stringent schedules and produce accurate results.
11. Maintain an effective working relationship with clients, employees, exhibitors, patrons, and others encountered in the course of employment.
12. Remain flexible and adjust to situations as they occur.

COMPUTER SKILLS:

1. To perform this job successfully, an individual should have exposure to accounting and financial reporting software.
2. Knowledge of spreadsheets and word processing software.
3. Operate a personal computer using Windows and Microsoft Office software.
4. Operate standard office equipment including copier and typewriter.