An Accounting Manager in the Food and Beverage (F&B) industrytypically handles a variety of financial tasks, excluding tax filing. Here are some key responsibilities:
- Inventory Management: Maintaining detailed records of F&B inventory and reconciling monthly inventory reports.
- Event Settlements: Performing settlements for F&B events and preparing event income reports.
- General Ledger Reconciliation: Reconciling general ledger accounts, including accounts receivable (A/R) and accounts payable (A/P).
- Cash Management: Maintaining F&B cash balance records and reconciling cash receipts and disbursements.
- Audit Coordination: Coordinating internal and external audits of F&B financial records.
- Cost Control: Analyzing cost of sales and implementing cost-saving measures.
- Credit Card Settlements: Analyzing F&B credit card settlements and handling chargebacks.
- Financial Reporting: Preparing and reviewing financial statements and supporting schedules for F&B operations.
These responsibilities ensure the financial health and efficiency of F&B operations, contributing to overall business success.
