Accountant (Hospitality)

This is a remote position.

Schedule:

• 40 hours per week
• Monday - Friday, 9am - 6pm South Yarra, VIC
  
• Includes 1 hour unpaid break

Client Timezone: AEST (Australian Eastern Standard Time)

Client Overview

Join a thriving restaurant group that’s redefining the culinary landscape in Melbourne, Australia. This dynamic organization operates six distinct restaurants, each with its own unique flavor and character. As they continue to grow and innovate in the competitive hospitality industry, they’re seeking a skilled financial professional to elevate their operations to the next level.

Job Description

We’re seeking a talented and experienced Virtual Accountant to take charge of financial operations for our client’s expanding restaurant group. In this pivotal role, you’ll be the financial backbone of six thriving establishments, each operating as its own entity. You’ll leverage your expertise in Xero accounting software to streamline processes, manage complex financial data, and provide crucial insights that will drive business decisions. This position offers a unique opportunity to make a significant impact in the fast-paced world of hospitality while working remotely. If you’re passionate about numbers, have a keen eye for detail, and thrive in a dynamic environment, this role provides the perfect blend of challenge and opportunity to showcase your financial acumen.

Responsibilities

• Oversee and manage financial operations for six distinct restaurant entities, ensuring accuracy and compliance across all accounts
  
• Utilize Xero accounting software to handle day-to-day bookkeeping, including accounts payable, accounts receivable, and bank reconciliations
  
• Develop and implement strategies to streamline financial processes and improve efficiency across all restaurant operations
  
• Prepare comprehensive financial reports, including profit and loss statements, balance sheets, and cash flow forecasts for each restaurant
  
• Analyze financial data to provide actionable insights and recommendations to support business growth and profitability
  
• Collaborate with the Australian tax agent to ensure timely and accurate tax filings for all entities
  
• Manage supplier relationships and negotiate favorable terms to optimize cash flow
  
• Assist in budgeting and forecasting processes for each restaurant, aligning financial planning with business objectives
  
• Communicate effectively with management and stakeholders, providing regular updates on financial performance and key metrics
  
• Implement and maintain robust internal controls to safeguard company assets and ensure financial integrity
  

Requirements

• Bachelor’s degree in Accounting, Finance, or a related field
  
• Minimum of 3 years of experience in accounting, with a strong preference for candidates with restaurant or hospitality industry background
  
• Advanced proficiency in Xero accounting software
  
• Excellent analytical and problem-solving skills, with the ability to translate complex financial data into actionable insights
  
• Strong communication skills in English, both written and verbal, with the ability to interact effectively with various stakeholders
  
• Demonstrated experience in managing finances for multi-entity businesses
  
• Familiarity with Australian accounting standards and tax regulations
  
• Proficiency in Microsoft Office suite, particularly Excel for advanced financial modeling and analysis
  
• Ability to work independently and manage time effectively in a remote setting
  
• Experience with VoIP systems and comfort in making and receiving calls as part of daily responsibilities
  
• Adaptability and willingness to learn new technologies and processes in a fast-paced environment
  
• Strong attention to detail and commitment to maintaining the highest standards of accuracy in all financial matters