Financial Operations Controller
Salary range: $130,000 - $150,000
Additional compensation: yearly bonus
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Diversity of thought and inclusion for all is what drives our success - we invite you to start your journey with us today!
a vision for creating remarkable events
FOOD FIRST. INSPIRED BY INGREDIENTS. GREAT SERVICE.
About our Company
Since 1986, Occasions Caterers has worked closely with our clients to create remarkable events. We have grown in size but maintain a boutique approach to full-service catering with a focus on custom menus, creative décor, expert planning and gracious service. We craft experiences through food, design and hospitality to reflect your unique style, taste and vision. With over thirty years of experience, we have an unmatched scope of knowledge, resources and relationships to produce events that exceed expectation and delight in every way. Occasions Caterers has a mission to have dedicated team members who support and work together to create exceptional catered experiences each and every day.
If you want to be a part of an exceptional team who values Excellence by setting the bar high, Integrity by living our values, Respect by valuing the contributions of every team member, Teamwork by supporting each other, and Innovation by keeping things exciting, please see our open position below.
Job Summary
Cost Control and Operational Finance
- Monitor and analyze daily, weekly, and monthly operational costs (food, labor, and overhead costs) across all business units.
- Issue operating cost spending targets to Operations Managers for the week and/or month, track spend against target, and issue reporting of spend vs target to Operations Managers.
- Partner with Operations Managers to ensure operating cost spending is in line to their given target.
- Prepare management reports to Vice President of Operations & Sr Finance Manager and present findings with actionable recommendations.
Month-End Close & Accruals:
- Prepare and record accruals for accounts receivable, accounts payable, sales, expenses, and inventory.
- Ensure timely and accurate month-end close processes and financial reporting.
- Own accurateness of P&L and Balance Sheet for Occasions.
- Reconcile key balance sheet accounts and ensure accurate revenue and expense recognition.
- Accounts Payable Administration and Management
- Oversee the end-to-end accounts payable function, ensuring accurate, timely, and compliant processing of vendor invoices and payments.
- Enter invoices into the Accounts Payable system and into Sales Order and Invoicing system (CxP) to ensure accurate billing to clients for Catering Events.
- Manage relationships with vendors and suppliers, addressing discrepancies and ensuring alignment with contractual terms.
- Maintaining relationships with Corporate teams to ensure new vendors & suppliers are set up in Accounts Pable and
- ERP systems in a timely fashion and inclusive of pertinent data and payment terms.
- Help to resolve disputes with suppliers/vendors for misapplied payments or shorted payments.
Cost Forecasting and Financial Planning
- Develop and maintain detailed cost/overhead forecasting models for catering operations.
- Work closely with Operations Managers and Sr Finance Manager to flash anticipated operating expenses for the Division for the month.
- Flashes are updated on a weekly basis.
- Support the Senior Finance Manager in developing the annual budget and forecast updates for operating expenses.
Cross-Functional Collaboration
- Serve as a financial point of contact for between operations, procurement, OCC senior leadership, and the Restaurant Associates Finance team.
- Communicate and present financial results and guidance clearly to financial and non-financial stakeholders.
REQUIREMENTS:
- 5-7+ years of progressive hands-on experience in accounting and financial control, with an emphasis on food, labor, and overhead expenses experience, preferably in the Foodservice, Catering, Hotel or Hospitality industries.
- Four (4) year Bachelor’s degree in Finance, Accounting or Economics is required.
- Proven expertise in cost control, forecasting, accounts receivable, and accounts payable management is required.
- Excellent time management skills with a proven ability to meet deadlines.
- Knowledge of inventory and supply chain management, preferably in a foodservice industry
- Strong interpersonal and communication skills.
- Proactive individual, who seeks to continuously learn, take on additional responsibility as needed, and improve processes and procedures.
- Ability to deal with ambiguity and change in a dynamic business environment.
- Proficient in ERP systems (e.g. SAP, NetSuite, or Oracle) and have advanced Excel skills.
Associates at Occasions are offered many fantastic benefits.
Both full-time and part-time positions offer the following benefits to associates:
- Retirement Plan
- Associate Shopping Program
- Health and Wellness Programs
- Discount Marketplace
- Identity Theft Protection
- Pet Insurance
- Voluntary Benefits, including Critical Illness Insurance, Accident Insurance, Hospital Indemnity Insurance, Legal Services, and Choice Auto and Home Program
In addition, full-time positions also offer the following benefits to associates:
- Medical
- Dental
- Vision
- Life Insurance/AD
- Disability Insurance
- Commuter Benefits
- Employee Assistance Program
- Flexible Spending Accounts (FSAs)
Occasions maintains a drug-free workplace.
Associates may also be eligible for paid and/or unpaid time off benefits in accordance with applicable federal, state, and local laws. For positions in Washington State, Maryland, or to be performed Remotely, click here or copy/paste the link below for paid time off benefits information.
https://www.compass-usa.com/wp-content/uploads/2023/08/2023_WageTransparency_Occasions.pdf
About Compass Group: Achieving leadership in the foodservice industry
Compass Group is an equal opportunity employer. At Compass, we are committed to treating all Applicants and Associates fairly based on their abilities, achievements, and experience without regard to race, national origin, sex, age, disability, veteran status, sexual orientation, gender identity, or any other classification protected by law.
Qualified candidates must be able to perform the essential functions of this position satisfactorily with or without a reasonable accommodation. Disclaimer: this job post is not necessarily an exhaustive list of all essential responsibilities, skills, tasks, or requirements associated with this position. While this is intended to be an accurate reflection of the position posted, the Company reserves the right to modify or change the essential functions of the job based on business necessity. We will consider for employment all qualified applicants, including those with a criminal history (including relevant driving history), in a manner consistent with all applicable federal, state, and local laws, including the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance, the San Francisco Fair Chance Ordinance, and the New York Fair Chance Act.
Applications are accepted on an ongoing basis.
Nearest Major Market: Washington DC
Job Segment:
Accounts Payable, Accounts Receivable, Food Service, Accounting, Financial, Finance, Hospitality
