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Asst. Finance Manager (Restaurants)

Binge Consulting
Marine Lines, Mumbai, Maharashtra

Quick apply

Job details

Permanent | Full-time
Up to ₹75,000 a month

Benefits

Provident Fund
Health insurance
Flexible schedule

Qualifications

Hospitality
Microsoft Excel
Tally
Financial analysis
Finance
Master's degree
Analysis skills
Bachelor's degree
Continuous improvement
Accounting
Fraud prevention and detection
Budgeting
MBA
Leadership
Restaurant experience
GST
Accounting

Full job description

Assistant Finance Manager

Location: Marine Lines, Mumbai
Industry: Hospitality / Restaurant
Reporting To: Finance Manager

About the Company

We are one of Mumbai's most iconic restaurant brands, renowned for delivering exceptional dining experiences, operational excellence, and a legacy of hospitality. We are seeking a detail-oriented and proactive Assistant Finance Manager to support our finance operations and contribute to the company's financial growth and governance.

Position Summary

The Assistant Finance Manager will assist the Finance Manager in overseeing day-to-day finance and accounting operations, ensuring compliance with statutory requirements, maintaining financial controls, and providing accurate financial reporting. The role requires strong analytical skills, commercial acumen, and experience in the hospitality or retail sector.

Key ResponsibilitiesFinancial Accounting & Reporting

Assist in the preparation of monthly, quarterly, and annual financial statements.
Ensure timely and accurate closing of books of accounts.
Monitor general ledger transactions and maintain accounting records.
Support the Finance Manager in preparing management reports and financial analysis.

Accounts Payable & Receivable

Oversee vendor payments and reconciliations.
Monitor customer receivables and follow up on outstanding balances.
Ensure accurate recording and reconciliation of all transactions.

Budgeting & Cost Control

Assist in annual budgeting and forecasting exercises.
Monitor departmental expenses against budgets.
Analyze food costs, beverage costs, labor costs, and operational expenses.
Identify opportunities for cost optimization and process improvements.

Taxation & Compliance

Ensure compliance with GST, TDS, Professional Tax, and other statutory requirements.
Coordinate with auditors, consultants, and regulatory authorities.
Support internal and external audits by providing required documentation and schedules.

Cash Flow & Treasury Management

Assist in monitoring daily cash flows and bank balances.
Prepare cash flow forecasts and working capital reports.
Manage bank reconciliations and banking transactions.

Internal Controls

Implement and monitor financial controls and SOP compliance.
Ensure proper documentation and authorization of financial transactions.
Support risk management and fraud prevention initiatives.

Team Coordination

Supervise and guide junior accounting staff.
Coordinate with restaurant operations teams to ensure financial discipline.
Foster a culture of accountability and continuous improvement.

Qualifications & Experience

Bachelor's degree in Finance, Accounting, or Commerce.
CA Inter / CMA Inter / MBA Finance preferred.
5–8 years of progressive experience in finance and accounting.
Prior experience in hospitality, restaurant, retail, or FMCG sectors is highly desirable.
Strong knowledge of Indian accounting standards, GST, TDS, and statutory compliance.
Proficiency in ERP systems, Tally, and Microsoft Excel.
Experience in budgeting, MIS reporting, and financial analysis.

Key Competencies

Financial planning and analysis
Attention to detail and accuracy
Strong analytical and problem-solving skills
Effective communication and stakeholder management
Team leadership and mentoring
Time management and ability to meet deadlines
High level of integrity and confidentiality

Compensation & Benefits

Competitive salary and performance-based incentives
Health insurance and employee benefits
Career growth opportunities within a reputed hospitality brand
Dynamic and collaborative work environment

Join us and play a key role in driving the financial success of one of Mumbai's most celebrated restaurant brands.

Pay: Up to ₹75,000.00 per month

Benefits:

Flexible schedule
Provident Fund

Work Location: In person

Quick apply

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Asst. Finance Manager (Restaurants)

Asst Mgr-Purchasing

Asst Manager Purchase- JW Marriott Bengaluru Prestige Golfshire Resort & Spa

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