Summary: At Riviera Dining Group, the Controller is an integral part of the business team. You will thrive in a fast-paced environment, gaining exposure to a variety of brands associated with our Food & Beverage teams. Your work will have a direct impact on the overall growth and profitability of the business
RESPONSIBILITIES: - Your responsibilities will include working closely with the Corporate Accountants/Analysts & venue leaders in the following key areas for our portfolio of businesses.
- Strong understanding of financial statements and all supporting schedules (Balance Sheet, Income Statement, Cash Flow Statement)
- Develop and manage annual budgets and financial forecasts in collaboration with Corporate Controller.
- Monitor comps (complimentary items) and voids daily to ensure they remain within approved budget thresholds
- Develops, analyzes and interprets statistical and accounting information to assess operating results in terms of profitability, performance against budget
- Establish and maintain inventory control systems, including setting par levels and monitoring stock usage.
- Coordinate with kitchen and bar staff to reduce waste, optimize ordering, and minimize spoilage.
- Partner with third-party beverage counters to ensure accurate inventory tracking and cost control.
- Monitor beverage cost trends and analyze variances to ensure profit margins remain within budgeted targets
- Conduct profitability analysis (AVT reporting) of menu items using sales and cost data.
- Make recommendations to enhance menus, pricing, and composition to increase margins based on economic changes.
- Perform daily payroll analysis to align labor costs with business levels and optimize workforce efficiency.
- Collaborate with department heads to manage head count planning (FTE) based on sales trends and seasonal fluctuations
- Generate reports on cost trends and recommend adjustments to improve overall financial performance.
- Collaborate cross-departmentally and manage special projects as requested
- Lead the weekly Red Flag and 2-Week Look Ahead meetings to proactively identify and discuss deviations from budget
- Oversee the financial performance of the commissary.
- Drive finance process improvements, including automation, reporting enhancements, and systems integration
Requirements/Qualifications: - Bachelor's degree in finance, Accounting, Hospitality Management, or a related field.
- Minimum of 3-5 years of experience in cost control or financial management in a restaurant or hospitality setting
- Proficient in accounting software and ERP systems such as R365
- Attention to Detail: Demonstrate great attention to detail, ensuring accuracy in tasks and deliverables
- Communication and Organization Skills: Possess strong communication and organization skills, enabling effective collaboration within a dynamic team
- Analytical and Problem-Solving Abilities: Exhibit the ability to think clearly, analyze quantitatively, and problem-solve effectively
- Advanced Excel skills; experience with BI tools is a plus.
- Self-starter mentality: Ability to take a proactive approach to identifying and addressing challenges
- Task Management: Comfortably manage multiple tasks, balancing priorities to meet deadlines
Other Skills and Knowledge:
- Strong understanding of Hospitality industry accounting principles
- Strong analytical and problem-solving skills
- Excellent written and verbal communication skills
- Ability to multi-task and work in fast-paced, high-pressure environment
