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We are a small, growing group of neighborhood bars and restaurants with a strong sense of community and hospitality. Our first venue, Wolf and Crane, is a Japanese whisky and cocktail bar in Little Tokyo that just celebrated its 10-year anniversary. On Sunset in the heart of Echo Park, we operate Bar Flores, a female-centered and latin inspired cocktail bar, Lowboy, a neighborhood bar with everything you could want, easy atmosphere, good drinks, and delicious smash burgers, and most recently, Donna’s, an East-coast inspired, Italian red-sauce joint that feels like a nightly dinner party. In all of our venues we strive to create comfortable spaces where our guests feel at home.
We are looking for an experienced financial controller, ideally with prior California hospitality experience, to undertake all aspects of financial management as well as development of internal control policies and procedures. To be successful in this role, you should have in-depth knowledge of Generally Accepted Accounting Principles (GAAP).
Responsibilities:
1. Financial Administration: Conduct all cash handling and reconciliation, check writing, daily sales reconciliation, invoice processing, accounts receivable and payable, payroll processing, license and permit renewals, and more.
2. Financial Reporting: Prepare and analyze monthly, quarterly, and annual financial statements for each bar and restaurant location, ensuring accuracy and compliance with local, state, and federal regulatory requirements.
3. Budgeting and Forecasting: Develop and manage budgets and forecasts, along with variance analyses, for each bar and restaurant, collaborating with operational teams to align financial goals with business objectives.
4. Cost Management: Monitor, track and analyze costs related to food, beverage, labor, and overhead, identifying areas for cost reduction and efficiency improvement.
5. Cash Flow Management: Manage cash flow, including monitoring cash balances, forecasting cash needs, and optimizing cash utilization across restaurant locations.
6. Financial Analysis: Conduct financial analysis to support decision-making, such as pricing strategies, menu development, and expansion opportunities.
7. Internal Dashboards: Establish and maintain daily, weekly, monthly, and annual reports to help management easily digest financial performance, track and monitor KPIs, and more easily allow stakeholders to make operational decisions.
8. Internal Controls: Establish and maintain robust internal controls to safeguard assets, ensure compliance with policies and procedures, and mitigate financial risks.
9. Tax Compliance: Coordinate with external tax advisors to ensure timely and accurate tax filings and compliance with all applicable tax laws and regulations.
10. Audit Support: Facilitate audits by providing documentation, explanations, and support to external auditors as needed.
11. Vendor Management: Negotiate contracts with vendors and suppliers to optimize terms and pricing, ensuring cost-effectiveness and quality of goods and services.
Requirements:
We thank all applicants for their interest, but only those selected for an interview will be contacted.
Full Time
Accommodations
$237k-330k (estimate)
04/20/2024
05/18/2024
MENLO PARK, CA
<25
1995
KATHERINE H ALDEN
<$5M
Accommodations
The job skills required for Controller include Accounting, Financial Statements, CPA, Leadership, Financial Reporting, Internal Control, etc. Having related job skills and expertise will give you an advantage when applying to be a Controller. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Controller. Select any job title you are interested in and start to search job requirements.