Job Description

• Full responsibility of financial of Premium Group which consists of supermarkets and restaurants.
• Issue timely and complete Cash Projections to management by setting up weekly payment budget aligned with weekly sales.
• Categories vendors into A, B, C and D group based on the importance and set up the payment schedule accordingly
• Streamline the accounts payable recordings and payments by working closely with the outsourced accounting team
• Coordinate with Operation Director to improve operational efficiency and implement a robust POS system
• Review the Quick books trial balance and propose adjusting entries to align the balances with tax returns filed.
• Prepare a monthly consolidated financial statement and present to senior management and financial advisor
• Produce the annual budget and investigate the variances on a monthly basis between budget and actual and present it to senior management.
• Ensure the monthly bank reconciliations and review the outstanding checks.
• Set up a regular review of invoices booked by outsourced accounting team.
• Coordinate with the financial advisor to approach banks to secure an effective credit line.
• Handle and monitor the banking relationships including daily monitoring of bank balances.
• Produce the annual budget and predict budget forecasts.
• Establish an effective communication system with the outsourced accounting team and supervise transaction-processing operations

Experience - Minimum 10 years with some experience in retail or a distribution / manufacturing company

Education - BS in Accounting or similar degree

License - CPA preferred but not required

Skills - MS office and Quickbooks

Company Description

The Premium Group is one of the fastest growing chain of supermarket and restaurants in the five boroughs of New York City and currently has five supermarkets and four restaurants.