Specialist - Equity Accounting

Specialist - Equity Accounting

We are looking for a highly analytical and detail-oriented professional to support our company-owned restaurants’ financial operations. The ideal candidate will play a critical role in cost analysis, financial reporting, and compliance, ensuring accurate financial data for decision-making. This role requires strong collaboration with supply chain, operations, and finance teams to drive financial efficiency and accuracy.

Key Responsibilities

• Journal Entry Preparation & Review

• Prepare and post recurring and ad-hoc journal entries for store operations.

• Maintain adequate supporting documentation for all entries.

• Ensure transactions are recorded in accordance with local accounting standards and company policies.

• Balance Sheet Reconciliations

• Prepare and review monthly balance sheet reconciliations related to inventory, prepaid expenses, accruals, advertising funds, and other store-related accounts.

• Investigate and resolve aged reconciling items on a timely basis.

• Ensure compliance with month-end close and accounting policies.

• Store Performance Analysis

• Monitor key operational and financial KPIs including sales, food cost, labour cost, EBITDA, and store profitability.

• Identify underperforming stores and provide actionable recommendations to improve financial performance.

• Fixed Assets & Lease Accounting Support

• Support accounting for store fixed assets, capital expenditures, depreciation, and asset disposals.

• Assist in lease accounting activities and ensure compliance with applicable accounting standards.

• Support periodic asset verification and impairment assessments.

• Cash/AR Reconciliation

• Monitor store cash balances, deposits, and cash reconciliation processes.

• Ensure to maintain B/S schedules for receivables.

• Business Partnering

• Act as a finance partner to Operations, SCM, Marketing, and Market Finance teams.

• Provide financial insights to support operational decisions and business initiatives.

• Participate in business reviews and management meetings.

• New Store Openings & Closures Accounting

• Support financial accounting activities related to new store openings, remodel projects, relocations, and store closures.

• Ensure proper accounting treatment of pre-opening expenses and closure costs.

Minimum Requirements:

• Bachelor’s degree in accounting, Finance OR CA Qualified.
• 4+ years of experience in financial analysis, accounting, or cost management (preferably in restaurant, retail, or FMCG industries).
• Strong knowledge of cost analysis, P&L reporting, and financial reconciliation.
• Experience working with ERP J D Edward System and financial reporting tools.
• Proficiency in Microsoft Excel (advanced formulas, pivot tables, and financial modelling).
• Strong an