Restaurant Financial Director

Restaurant Financial and Operations Director
 
The Financial & Operations Director is responsible for all accounting, financial reporting, budgeting, and financial analysis for a multi-concept restaurant group generating $14M in annual revenue across 5 distinct concepts. This position ensures financial accuracy, compliance, and provides strategic financial insights to support operational decision-making and profitability optimization.   Reporting directly to ownership, this position works closely with other Executive team members to ensure successful financial performance using accurate financial data. 
 
Key Responsibilities: 

Budgeting, Project Development & Team Accounting Education 

Establish approved budgets and projections for each restaurant by December 1 of each year and integrate into R365 following the Budgeting Procedures here. 

Establish procedures and system wide reports via R365 

Review monthly P&L reports with restaurant managers and chefs 

Review budget vs actual variance analysis monthly 

Develop, track and report back on corrective action planning 

Develop strategies and timelines to meet goals 

Build bonus structure for managers and chefs 

Conduct monthly review of budget and provide revisions and explanations 

Labor management and goal setting with managers and chefs 

Collaborate with team members on new project development including creating financial models and projections 

Create financial models for menu engineering and pricing optimization 

Provide reporting to tax accountants, audits, etc. 

Operations Data Analysis 

Analyze and report weekly on key metrics: food cost %, labor cost %, prime cost, average check, covers per labor hour 

Conduct monthly competitive pricing analysis for top 20 menu items across 5 key competitors  

Create daily flash reports showing sales, labor hours and covers by concept 

Monitor and report on monthly inventory by location 

Create predictive analytics for scheduling and inventory 

Assist with POS and other system integrations when applicable 

Accounts Receivable/Payable Oversight 

Manage accounting clerks whose duties include: 

Invoice all wholesale accounts daily 

Invoice all HSHG/Team AKA fees and expenses 

Distribute all invoices to appropriate departments 

Follow up on collections – bringing any outstanding skipped invoices to the attention of management 

Maintain AR aging under 30 days for 90% of receivables 

Review weekly AP statements to ensure all invoices are in R365 

Send statements monthly to all wholesale clients 

Code/upload invoices for all properties 

Enter reconciliations of all cash received 

Payroll Auditing 

Negotiate payment terms with vendors to optimize cash flow 

Review payroll department summaries for all restaurants 

Audit to ensure proper deductions  

Tip pool admin for Fork/HSM/HSOM/AKA 

Maintain tip sheet organization 

Financial Reconciliations 

Daily reconciliations for Fork/HSP/AKA 

Daily reconciliations for Stripe/Tripleseat 

Daily cash deposits 

Qualifications 

Education: 

Bachelor's degree in Accounting, Finance, or related field required 

CPA or CPA-track preferred 

Experience: 

Minimum 5 years progressive accounting experience 

Minimum 3 years in hospitality/restaurant finance required 

Multi-unit experience strongly preferred 

Experience with $10M+ operations preferred 

Technical Skills: 

Expert proficiency in Restaurant365 (R365) required 

Advanced Excel skills (pivot tables, VLOOKUP, financial modeling) 

Experience with POS systems (Toast, Micros, Aloha, or similar) 

QuickBooks or other accounting software 

Stripe, Tripleseat, and payment processing platforms 

Payroll systems (Paylocity, ADP, Paychex, or similar) 

Core Competencies: 

Strong analytical and problem-solving skills 

Excellent attention to detail and accuracy 

Ability to meet tight deadlines in fast-paced environment 

Strong communication skills for non-financial audiences 

Team leadership and development capabilities 

Understanding of restaurant operations and P&L drivers 

KPIs 

Month-end close completed within 10 business days 

Budget variance maintained within ±3% 

AR aging: 90% of receivables under 30 days 

Prime cost (food + labor) maintained under 70% 

Accurate weekly flash reports delivered by Tuesday 10am 

Strategic Responsibilities 

Serve as financial advisor to executive team 

Evaluate new concept feasibility and ROI 

Develop financial policies and procedures 

Coordinate annual audits and tax preparation 

Maintain insurance coverage and manage claims 

 
Additional Responsibilities 

Participate in management meetings 

Support opening/closing of locations 

Assist with special projects as assigned