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DMG GROUP
About the role
Key tasks and responsibilities include:
1. Verifying Sales Data: Ensure the accuracy and timeliness of monthly sales data from each direct or franchise restaurants.
2.Managing Costs: Control and reduce costs, including utilities, rent, COG, COE.
3.Monitoring Cash Flow: Prepare cash flow statements, manage AP/AR, oversea inventory purchases, and conduct cash flow analysis.
4.Overseeing Franchise Finances: Analyse franchisees' financial reports quarterly to ensure accuracy and reliability.
5.Balancing Assets and Liabilities: Verify the balance of assets and liabilities to mitigate financial risks.
6.Implementing Internal Controls: Establish and maintain internal audit controls at restaurant operation levels and ensure compliance with internal financial control systems.
7. Ensuring Regulatory Compliance: Stay updated with federal, state and local financial regulations, ensuring adherence and advising management.
8. Prepare internal used financial reports on a timely basis.
Skills & Experience required:
- Bachelor's degree in Accounting, Finance or a related field.
- Minimum of 12 months of hands-on accounting experience, preferably in a similar industry.
-Strong understanding of Australian accounting standards and regulations.
- Proficiency in financial reporting, taxation, accounting information systems, budgeting, cost management, planning and decision-making.
- Strong communication skills and excellent time management.
- Growth mindset, good problem-solving skills and ability to work under pressure.
- Ability to work independently and as part of a team.
- Fluent in both English and Mandarin.
- Experience with Xero accounting software is important.
- Must possess valid Australian work authorisation over 1 year at time of application.
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