Senior Accountant New Restaurant Opening
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Job Location:
Chicago, IL - USA
Yearly Salary:
$ 80000 - 85000
Posted on:
15 days ago
Vacancies:
1 Vacancy
Job Summary
DineAmic Hospitality is seeking a motivated Senior Accountant to oversee the financial management of a multi-unit restaurant operation under a management agreement with a major real estate landlord. This role will be part of a new venue opening coming in 2026!
This role is the primary accounting contact for the deal responsible for accurate financial reporting cash flow oversight contract compliance and communication with ownership and the landlords representatives.
The ideal candidate has restaurant accounting experience understands management agreements cost allocations and flow-through accounting between managed entities and ownership. They are organized detail-oriented capable of working independently and collaboratively and have at least 3 years of experience. Experience in customer-facing industries like Hospitality or Tourism is preferred.
This position reports to the Director of Finance & Accounting and works closely with operations payroll and external partners.
GENERAL FUNCTIONS RESPONSIBILITIES
Financial Oversight Reporting
- Oversee all accounting functions for the managed entities including A/R A/P payroll allocations intercompany transactions and month-end close.
- Prepare and analyze monthly financial statements P&Ls and balance sheets for each operating unit.
- Maintain detailed reporting in accordance with the management agreement including management fees reimbursable expenses and capital project tracking.
- Ensure compliance with GAAP and internal accounting policies.
Management Deal Accounting
- Manage the unique structure of the management deal ensuring proper allocation of shared expenses management fees and owner reimbursements.
- Track and reconcile all landlord-funded and tenant-funded expenditures (buildouts operating capital etc.).
- Collaborate with operations to ensure accurate flow of revenue and expense data from POS to accounting systems (R365 or equivalent).
- Prepare financial packages fee calculations and required reporting deliverables for landlord approval.
Budgeting Forecasting
- Assist in preparation of annual budgets and rolling forecasts for the managed units.
- Analyze variances and proactively identify cost-control opportunities.
Treasury Compliance
- Oversee cash management and coordinate funding needs with both internal and landlord-controlled accounts.
- Ensure all tax filings vendor compliance and insurance requirements are met.
- Support the CFO with audit requests and investor or landlord inquiries.
REQUIREMENTS:
- Bachelors degree in Accounting.
- 3 years of progressive accounting experience ideally within hospitality restaurant groups or real estate management.
- Experience with management deals hotel or F&B management contracts or similar shared-entity structures strongly preferred.
- Proficiency with Restaurant365 or comparable accounting systems.
- Advanced Excel skills and comfort working across multiple legal entities or cost centers.
- Strong attention to detail communication and organizational skills.
- Ability to work independently prioritize and meet deadlines in a fast-paced environment.
CORE COMPETENCIES:
- Accountability
- Adaptability
- Communication Skills
- Emotional Intelligence
- Integrity
- Personal Development
- Professionalism
- Self-Management
- Teamwork and collaboration
- Technical Proficiency with computers and POS systems
PHYSICAL DEMANDS WORKING ENVIRONMENT
- Ability to sit at a desk and work on a computer for extended periods.
- Frequent use of hands and fingers to operate office equipment including keyboards phones.
- Occasional standing walking bending and reaching to access files supplies and office equipment.
- Ability to lift and carry office materials and small packages up to 20 pounds.
- This position operates in a professional office environment with standard office equipment including computers printers copiers and phones.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the job.
PERKS BENEFITS
- BCBS Medical
- BCBS Dental
- EyeMed Vision
- Flexible Spending Account
- Company-paid Short-term Disability Insurance
- Company-paid Life and AD&D Insurance
- Company-paid Employee Assistance Program
- Paid Time Off
- Paid Sick Leave
- Paid Holidays
- Commuter Benefits
- 401K Match
- Monthly Food & Beverage Allowance and Discount
DineAmic Hospitality is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender identity age national origin genetic information disability or protected veteran status.
Required Experience:
Senior IC
Key Skills
- Culinary Experience
- Restaurant Experience
- Forecasting
- Hospitality Experience
- Guest Relations Experience
- Management Experience
- POS
- Cost Control
- Computer Literacy
- Sanitation
- P&L Management
- Restaurant Management
About Company
DineAmic, owned and operated by Luke Stoioff and David Rekhson, is a hospitality development, management, consulting, and events company whose primary functions are to develop its own venues & concepts, and to consult with other hospitality related businesses on marketing, legal, and ... View more
