General Accounting Officer (Food & Beverages) at Fredley Group of Companies

Quezon City, Metro Manila, Philippines -

Full Time

Start Date

Immediate

Expiry Date

14 Jun, 26

Salary

0.0

Posted On

16 Mar, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Recording, Financial Reporting, General Ledgers, Bank Reconciliation, Accounts Payable, Accounts Receivable, Cost Control, Inventory Management, Revenue Audit, Budgeting, Forecasting, Internal Controls, Analytical Skills, Attention To Detail, Communication Skills, Microsoft Excel

Industry

Food and Beverage Services

Description

Company Description About Fredley Group of Companies We are a food and restaurant service established in 2014 by one of the youngest entrepreneurs in the Philippines, Avin Ong. We are a Philippine-based master franchise of more than 205 restaurants and cafes nationwide. These brands include Macao Imperial Tea, New York Fries and Dips, Nabe and Kenangan Coffee. For more details, please check our website at www.fredleygroup.com and follow us on our LinkedIn page at https://www.linkedin.com/company/fredley-group-of-companies/. Job Description Job Summary: The General Accounting Officer is responsible for maintaining accurate financial records, preparing and analyzing financial reports, and ensuring compliance with accounting standards and company policies. This role focuses on the unique accounting needs of the food and beverage industry, including cost control, inventory management, revenue auditing, and expense analysis. Key Responsibilities: 1. Financial Recording and Reporting Maintain and update general ledgers and sub-ledgers for all operations. Prepare daily, weekly, and monthly financial statements and management reports. Reconcile bank statements, supplier accounts, and intercompany transactions. Ensure all financial transactions are properly recorded and documented in compliance with company policies and accounting standards. 2. Accounts Payable and Receivable Process supplier invoices, verify accuracy, and ensure timely payments. Manage accounts receivable and follow up on outstanding balances. Reconcile supplier statements and resolve discrepancies promptly. 3. Cost Control and Inventory Accounting Monitor and analyze food and beverage costs, wastage, and variance reports. Coordinate with the purchasing and cost control departments to ensure accurate inventory valuation. Perform regular stock reconciliations and assist with physical inventory counts. Review and verify menu pricing and recipe costing with the cost control team. 4. Revenue Audit Audit daily sales summaries and reconcile with point-of-sale (POS) reports. Verify cash, credit card, and other payment transactions against system records. Investigate and report discrepancies in revenue or discounts. 5. Budgeting and Forecasting Assist in the preparation of budgets and financial forecasts for operations. Monitor actual performance against budget and provide variance analysis. Support management with cost-reduction and profit-improvement initiatives. 6. Compliance and Internal Controls Ensure compliance with internal accounting procedures and regulatory requirements. Support external and internal audit processes. Recommend improvements to accounting systems and controls. Qualifications Qualifications: Bachelor’s degree in Accounting, Finance, or related field. CPA or equivalent certification (preferred but not mandatory). Minimum 2–5 years of accounting experience, preferably in the hospitality or F&B industry. Strong knowledge of accounting software (e.g., SAP, Oracle, QuickBooks) and POS integration. Proficiency in Microsoft Excel and financial reporting tools. Understanding of cost accounting and inventory control principles. Experience in a corporate finance environment or audit firm. Knowledge of tax regulations and compliance in Philippines. Key Skills: Strong analytical and numerical skills. Attention to detail and accuracy. Ability to meet deadlines and manage multiple tasks. Good communication and interpersonal skills. Integrity and professionalism in handling confidential information Additional Information What to do next? For this role, please submit your resume. There would be an initial screening from our Talent Acquisition Team. Please do take note that we will only reach out to candidate/s who passed our paper screening. Send your application now or refer a candidate to us! Thank you very much!

Responsibilities

The General Accounting Officer is tasked with maintaining accurate financial records, preparing and analyzing reports, and ensuring compliance with accounting standards, with a specific focus on food and beverage industry needs like cost control and inventory management. Key duties include managing ledgers, processing payables/receivables, auditing revenue, and supporting budgeting processes.