Work closely with the Executive Management of the Property, and in collaboration with Corporate Support (Finance & Accounting) to provide operational support through analysis of historical and forecasted Revenue, Labor and Production efficiency. This position will also routinely monitor and test internal controls, providing guidance and training where needed to ensure PHR business policies and processes are being followed. Additionally, this position will be expected to be an expert in the knowledge of all Point of Sale (POS) systems reporting and familiar with standard updates or modification as needed.
Revenue:
Routinely monitor PHR reporting websites to ensure the accuracy as compared to the POS systems in both the hotel and restaurants.
Assist with supporting the F&B and Hotel revenue forecasting process as needed, to include ensuring that all systems are updated with current data (ex. Hot Schedules).
Program POS and inventory systems with new menus and specials as needed.
Cost of Goods Sold:
Record all COD purchases on check register and/or bank reconciliations.
Checks daily purchasing system (ADACO) uploads to ensure accurate theoretical and outlet inventory reports.
Ensure timely and accurate inventories are processed bi-monthly, quarterly and annually
Assist corporate accounting staff with the production of timely Cost of Goods Sold reports to monitor Cost %'s vs Budget, Prior Year and Theoretical measures.
Labor:
Review daily & monthly payroll reporting for accuracy; calculate tip and payroll taxes; make tip adjustments as needed and ensuring all automated reports are reconciled and accurate.
Review payroll edits provided from payroll for accuracy of department coding, hours, wage rates, tips and gratuities.
Maintain F&B Hot Schedules database to include employee access, report set up and budget programming
Expenses:
Programs intercompany, web based reports, and checkbooks with expense budgets
Reviews for approval all non-food and beverage requisitions, ensuring compliance with SOPs, budget maintenance
Records all non-COD food and beverage purchases through corresponding inventory system
Other:
Produce mid-month forecast reports to project month end financial information for both Hotel and Restaurant outlets based on known drivers and information provided by various sources.
Processes all chargeback requests as needed, researching and providing documentation to CC company
Attends month-end performance management meetings with Property/ Outlet Teams to diagnose any variances to plan and forecast.
Coordinate with Staff Accountants for accurate and timely recording of month end allocations and expenses.
Assist with Business Plan preparation
Assist with Budget preparation
Review petty cash with Cashier, monitor the checkbook, audit petty cash slips.
Audit bank count sheets. Review cash overages and shortages.
Review Accounts Receivable aging reports as needed.
TypeQualification
ExperienceFive (5) years or more experience in High Volume Restaurant Business Broad knowledge of Restaurant Industry Experience working in a corporate atmosphere
SkillAccounting and Budget knowledge Posses good leadership and organizational skills Be proficient in Word and Excel
ID: 2022-4362
External Company Name: Professional Hospitality Resources, Inc. and Ocean Beach Club LLC
External Company URL: http://goldkeyphr.com/
Street: Atlantic Avenue
