An Excellent Opportunity for ...
Company Overview:
We are in search of a diligent and skilled Finance Manager to oversee financial operations and costing strategies within our franchise locations, ensuring financial stability and strategic cost management.
Job Overview:
The Restaurant Franchise Finance Manager will play a pivotal role in managing financial aspects, including costing, for our franchise operations. This role involves collaborating closely with franchise owners, corporate finance teams, and stakeholders to drive profitability, accurate financial reporting, and efficient cost control across all franchise units.
Key Responsibilities:
Costing Analysis and Control:
- Conduct costing analysis to evaluate product costs, menu pricing, and overall operational expenses across franchise locations.
- Develop and implement cost control strategies to optimize profitability while maintaining quality standards.
- Regularly review and update cost models, pricing strategies, and cost-saving initiatives.
Financial Analysis and Reporting:
- Analyze financial data related to costing, including cost of goods sold (COGS), labor costs, and overhead expenses, to identify opportunities for improvement.
- Prepare comprehensive financial reports, forecasts, and budgets focused on costing for franchise owners and corporate management.
Franchise Financial Support:
- Offer financial guidance and support to franchisees regarding costing methodologies, budgeting, and cost management practices.
- Conduct financial evaluations of franchisee operations to ensure adherence to financial policies and optimize costing strategies.
Risk Management and Compliance:
- Assess financial risks associated with costing and implement strategies to mitigate risks effectively.
- Ensure compliance with accounting standards, tax regulations, and franchise agreements concerning costing and financial operations.
Relationship Management and Process Improvement:
- Cultivate strong relationships with franchise owners, corporate finance teams, and external stakeholders to facilitate effective communication and collaboration in costing matters.
- Identify opportunities for process improvement in costing methodologies, financial systems, and reporting to enhance accuracy and efficiency.