About Us:

We are a trendy and vibrant restaurant located on the picturesque Isle of Wight, known for our innovative cuisine and exceptional dining experience. We pride ourselves on our commitment to quality, sustainability, and community. We are seeking a dynamic and experienced Financial Controller to join our team and help drive our financial success.

Job Description:

Role Summary: The Financial Controller will be responsible for overseeing all financial aspects of the restaurant, ensuring accurate financial reporting, efficient budgeting, and effective cost control. This role requires a strategic thinker with excellent analytical skills and a deep understanding of the hospitality industry.

Key Responsibilities:

1. Financial Management:
   • Oversee daily financial operations, including accounts payable, accounts receivable, payroll, and general ledger.
   • Manage cash flow and ensure adequate liquidity to meet operational needs.
   • Develop and maintain financial policies and procedures.
2. Budgeting and Forecasting:
   • Prepare annual budgets and financial forecasts in collaboration with the management team.
   • Monitor financial performance against budgets and provide regular updates to the management team.
   • Identify areas for cost savings and efficiency improvements.
3. Financial Reporting:
   • Produce timely and accurate financial statements, including profit and loss statements, balance sheets, and cash flow statements.
   • Prepare monthly, quarterly, and annual financial reports for management and stakeholders.
   • Ensure compliance with accounting standards and regulatory requirements.
4. Analysis and Planning:
   • Conduct financial analysis to support strategic planning and decision-making.
   • Analyse revenue and expense trends, identifying potential risks and opportunities.
   • Provide financial insights and recommendations to enhance profitability.
5. Internal Controls and Compliance:
   • Establish and maintain robust internal controls to safeguard company assets.
   • Ensure compliance with tax laws, employment regulations, and industry standards.
   • Coordinate with external auditors and manage the audit process.
6. Team Leadership:
   • Lead and mentor the finance team, fostering a culture of continuous improvement.
   • Collaborate with other departments to support their financial needs and goals.
   • Promote a positive and inclusive work environment.
7. Technology and Systems:
   • Manage and optimize financial software and systems.
   • Stay updated with industry trends and advancements in financial technology.