Eleven Madison Park is a plant-based fine dining restaurant overlooking Madison Square Park in New York City. First opened in 1998 as a French brasserie, the restaurant has been headed by Chef Daniel Humm since 2006 and owned by his company Make it Nice Hospitality since 2011. Eleven Madison Park has evolved significantly under his leadership both in food and in experience, earning several accolades including 4 stars from the New York Times and 3 stars from the Michelin Guide.

In 2021, Eleven Madison Park reopened its doors post-pandemic as a completely plant-based restaurant. The desire to reinvent and push the boundaries of fine dining has always been at the heart of Eleven Madison Park, and the team is committed to showcasing our respect for the craft through the precision of our cooking, the elegance of our service, and the passion for our work.

Overview of Role: Oversee the day-to-day financials of Eleven Madison Park and Eleven Madison Home

Reports to: Chief Financial Officer

Duties and Responsibilities:

Daily and Weekly sales reporting 

• Reconcile revenue from prior day
• Send out daily flash report to owners, investors, and managers
• Record comps, house accounts, and deposit redemptions
• Create weekly KPI report using revenue, COGS, and payroll data

Resy Deposits

• Ensure that all reservation deposits are accurately recorded and redeemed
• Refund deposits when necessary

Accounts Payable

• Create weekly check batch for printing
• Match checks with invoices to ensure accuracy before mailing
• Upload check batches to bank website
• Check vendor statements monthly

Create and analyze month-end financial documents

• Complete bank reconciliation
• Record journal entries to account for inventories, pre-payments, and accruals
• Reconcile balance sheet and prepare work papers with appropriate backups
• Create invoices to bill third parties
• Maintain a timeline for prompt month-end processing
• Disseminate financials to appropriate parties and answer any relevant questions

Tip and Commission Reconciliations

• Reconcile tips received with daily tip pool worksheets and inform team of any errors
• Compile weekly commission report for events department

Prepare sales tax filings (monthly PrompTax and quarterly)