Accounts Executive

Job Overview:

We are looking for a meticulous and proactive Accounts Executive to manage the accounts for a restaurant and support accounting functions for a group of two companies. The successful candidate will be responsible for ensuring accurate financial reporting, supporting restaurant stock-taking processes, and handling day-to-day finance operations. This role will report to Finance Manager.

Key Responsibilities:

Restaurant Accounting Duties:

• Perform daily sales reconciliation from the Point-of-Sale (POS) system to bank receipts and accounting system.
• Monitor daily cash collection and ensure accurate cash float balances.
• Track and record third-party delivery platform transactions (e.g., Grab, Foodpanda).
• Reconcile merchant settlement statements against bank deposits and POS records.
• Maintain inventory accounting, including monthly stock-taking coordination and variance analysis.
• Liaise with restaurant operations team to verify stock usage, wastage, and cost of sales.
• Monitor kitchen and bar inventory movement and assist in identifying discrepancies.
• Ensure correct classification of F&B costs such as raw materials, packaging, and consumables.
• Support audit and compliance checks related to F&B cost control and operational procedures.

General Accounting Duties (Restaurant and Group Companies)

• Ensure accurate and timely month-end closing.
• Monitor and process staff claims, petty cash reimbursements, and supplier payments.
• Maintain proper documentation and filing of invoices, receipts, and other accounting records.
• Assist Finance Manager with group-level consolidation and intercompany reconciliation.
• Perform any other ad hoc duties as assigned.

Requirements:

• Diploma in Accountancy, Finance, or equivalent professional qualification.
• 2–3 years of relevant accounting experience, preferably in the F&B or hospitality industry.
• Proficient in Microsoft Excel and accounting software (e.g., QuickBooks, Xero, MYOB, etc.).
• Familiar with POS systems and third-party F&B delivery platforms.
• Detail-oriented with good organizational and time-management skills.
• Able to work independently and communicate effectively with operations teams.
• Positive attitude and adaptability in a fast-paced environment.