Financial Controller Job at Fasano Restaurant New York, New York, NY

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  • Fasano Restaurant New York
  • New York, NY

Job Description

Position Summary
The Financial Controller is responsible for overseeing the accounting, financial reporting, budgeting, and internal control functions of the organization. This role will ensure accurate and timely financial information, maintain compliance with regulatory requirements, and contribute to strategic financial planning. The ideal candidate will bring strong leadership and technical skills to guide the finance team and enhance the company’s financial health and operational efficiency. 

ESSENTIAL FUNCTIONS AND BASIC DUTIES:

  • Analyzing and interpreting balance sheets, income statements, cash flow, and liabilities. Performing internal audits and financial risk assessments, as well as facilitating intervention strategies.
  • Guiding financial decisions by developing and monitoring policies and procedures.
  • Evaluating and enhancing financial controls and tax return procedures.
  • Preparing budgets, forecasts, and reports, as well as reviewing entries and account reconciliation.
  • Monitoring closing processes, billing, invoicing and expenses.
  • Maximizing returns on excess cash balances and improving closing and reporting cycles. Coordinating and recording investments and maintaining fixed asset records.
  • Overseeing financial and accounting staff and analyzing profit center performance metrics.
  • Documenting processes and ensuring compliance with financial management and accounting regulations.
  • Must implement and follow through with new processes. Performs other job-related duties as assigned.

Key Responsibilities

  • Oversee preparation of accurate financial statements and reports (P&L, balance sheets, cash flow).
  • Manage cash flow, working capital, and internal financial controls.
  • Provide detailed financial analysis to guide decision-making and drive profitability.
  • Ensure compliance with all local tax laws, regulations, and industry standards.
  • Collaborate with senior management to develop strategies for operational and financial growth
  1. Financial Reporting & Analysis

    • Prepare, review, and present monthly, quarterly, and annual financial statements in compliance with regulations.
    • Conduct variance analysis to identify trends, issues, and opportunities, and report findings to the executive team.
    • Manage and oversee the accuracy and timeliness of all financial records and ledgers.
  2. Budgeting & Forecasting

    • Support the budgeting forecasting processes, working with department heads to create accurate projections.
    • Provide insights and financial analysis to support strategic planning and operational decision-making.
    • Monitor budget adherence and report on variances, proposing actions as needed.
  3. Internal Controls & Compliance

    • Develop, implement, and monitor internal controls to ensure the integrity of financial data and safeguard company assets.
    • Ensure compliance with local, state, and federal regulatory requirements, including tax filings.
    • Support audits (internal and external), preparing documentation and responding to auditor inquiries.
  4. Team Management & Development

    • Assign and support the work of the accounting team, ensuring deadlines are met and quality standards are maintained.
    • Foster a culture of continuous improvement, encouraging team members to identify and implement process efficiencies.
  5. Cash Flow & Treasury Management

    • Monitor cash flow and liquidity to support business operations and investment strategies.
    • Oversee accounts payable and receivable, ensuring optimal working capital management.
    • Manage relationships with financial institutions, lenders, and external auditors.
  6. Financial Systems & Process Improvement

    • Oversee the use of accounting software and systems (SAP), ensuring functionality aligns with company needs.
    • Drive process improvements and automation efforts to enhance accuracy and efficiency.
    • Support finance-related special projects, such as system upgrades, acquisitions, or financial restructuring.

Qualifications

  • Bachelor’s degree in finance, Accounting, or a related field; 
  • 5+ years of experience in finance or accounting, with 2+ years in a supervisory role.
  • Strong knowledge of financial analysis/reporting.
  • Proficiency in financial software, and Microsoft Excel.
  • Excellent communication, analytical, and problem-solving skills
  • Preferred Skills
  • Experience in hospitality 
  • Knowledge of financial software SAP
  • Advanced Excel skills
  • Portuguese or Spanish is a plus

Benefits

  • Health, dental, and vision insurance.
  • Retirement plan
  • Paid time off

Job Tags

Full time, Local area,

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