Assistant Controller

Job Description – Assistant Controller  

Department: Accounting 

Reports to: Controller 

POSITION SUMMARY 

The Assistant Controller at KNEAD Hospitality Design is responsible for supporting the Controller with the day-to-day management of accounting operations of our organization. The Assistant Controller will maintain detailed recordkeeping in all financial and administrative areas of our operations. The Assistant Controller works closely with the Controller, Chief Financial Officer, and executive leadership team to ensure we have accurate and timely information to execute our strategies for growth and profitability.   

Responsibilities: 

• Produce and distribute daily, weekly, periodic, and ad hoc financial reports 

• Reconcile and analyze balance sheets for all entities: cash, intercompany, delivery service, gift card liability, and private event deposits 

• Weekly bank reconciliations 

• Improve team performance through coaching, praise, and redirection. Provide support in hiring, training, and developing a first-class restaurant accounting team.  

• Prepare annual budgets and maintain updated forecasts for each business unit 

• Execute periodic, quarterly, and yearly financial close for all entities 

• Actively participate in monthly Business Review calls with leadership, provide insights and research discrepancies 

• Work closely with managers to create best practices that improve profitability 

• Work with HR Manager to ensure weekly payroll, benefits, and tip pooling is accurately processed 

• Assist with bonus, commission, employee reimbursement, and benefits. 

• Support the Controller, CFO, and Principals in ensuring all financial decisions are made with regard for applicable laws, ethics, and regulations 

• Exercise discretion and care with sensitive information and maintain a strong control environment 

• Continually develop knowledge of our business and serve as the in-house expert on all accounting matters 

• Serve as a role model and mentor by setting a positive example in all aspects of business 

• Establish, communicate, monitor, and enforce policies and SOPs 

• Protect company assets by enforcing internal controls 

• Ensure all required business filings (tax, licenses, trade name, property tax, etc.) are submitted on time 

• Work with private, local, and governmental representatives on audits, including but not limited to: sales tax, workers’ compensation, and percentage rent audits 

• Stay current with changes in systems, processes, policies, and procedures as they relate to new accounting standards, regulatory changes, business strategy, and operational initiatives 

• Treasury responsibilities including positive pay, cash deposits, and change orders 

• Manage fixed assets, including additions, disposals, and depreciation 

• Oversee lease accounting 

Requirements: 

• Deep understanding of: Revenue Recognition, Accounts Payable, Accounts Receivable, Payroll, Inventory, and Cost of Goods Sold (COGS) 

• Must pass a financial and criminal background check 

• Experience in a senior financial role, preferably in a multi-unit restaurant environment 

• Strong understanding of GAAP  

• Experience with Restaurant 365, Sage Intacct, NetSuite, or comparable accounting system 

• Experience in designing and implementing accounting processes and controls 

• Self-starter who works independently, exercises sound judgment, and acts decisively 

• Ability to manage employees in a hybrid work environment (Monday–Wednesday in-office; Thursday–Friday remote) 

• Excellent collaboration and relationship-building skills 

• Attention to detail, organized with exceptional time-management and prioritization skills 

• Ability to communicate at all levels inside, and outside, the company 

Compensation: 

• Salaried position $90,000 - $100,000 based on experience. 

• 12 days of PTO in the first year of employment with six additional paid holidays.  PTO increases based on years of service 

• Subsidized Medical Insurance