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Finance Assistant Manager - Venues
Job in
Riyadh, Riyadh Region, Saudi Arabia
Listed on 2026-10-12
Listing for:
Mdl Beast Llc.
Full Time
position Listed on 2026-10-12
Job specializations:
-
Finance & Banking
Financial Compliance, Financial Reporting -
Accounting
Financial Compliance, Financial Reporting
Job Description & How to Apply Below
We are seeking a dedicated Finance Assistnat Manager to join our team The ideal candidate will be responsible for a wide range of financial duties to ensure the smooth operation of our venues
Duties- Lead and control daily weekly revenue assurance including POS reconciliation cash card settlement matching void discount monitoring and sales-to-bank controls
- Oversee inventory and COGS governance managing stock movements stock counts wastage controls and investigation of variances
- Build and maintain cost structures for venues providing menu recipe costing support and tracking contribution margins by product category
- Manage transfer pricing and intercompany recharges ensuring accurate documentation policy compliance and timely reconciliations to support group consolidation
- Support the finance team in monthly and year-end closing preparing reviewing journals accruals reconciliations and reporting schedules
- Drive cost optimization initiatives including supplier price variance tracking wastage reduction portion control and operational leakage reduction
- Prepare performance packs for venue leadership analyzing sales mix margins labor overheads and providing actionable insights
- Strengthen working capital across venues through vendor reconciliations payment scheduling and purchasing controls
- Ensure compliance with internal policies and audit requirements maintaining documentation standards and coordinating audits
Key Requirements
- Bachelor s degree in accounting
- 7 10 years of experience in finance accounting with strong exposure to hospitality venues restaurants lounges hotels or premium F amp B
- Hands-on experience with POS controls daily sales reconciliation and revenue assurance
- Strong understanding of inventory COGS menu recipe costing and margin drivers in hospitality
- Professional certification such as CPA ACCA CMA or SOCPA is preferred
- Experience with ERP and hospitality POS systems advanced Excel skills required
- Strong knowledge of IFRS internal controls and audit processes
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