Growing multi-concept restaurant group with corporate offices in NYC, and outlets in major cities across the USA seeks a Chief Financial Officer to report to and work strategically with ownership to continue to grow.
Reporting relationship:
The CFO reports to ownership and will work cross functionally with operations, human resources and all departments to support profitable, successful operations, compliance, and to sustain the success of existing locations and concepts and to manage financing and reporting.
Responsibilities:
Strategic Financial Planning & Growth
- Partner with the ownership and executive leadership to define and achieve growth in existing and new concepts and markets.
- Develop financial models and scenario analyses for new restaurant openings, lease negotiations, and capital allocation.
- Oversee M&A activities, joint ventures, or strategic partnership evaluations.
- Manage investor relationships and reporting.
Operations Finance & Unit-Level Economics
- Manage consolidated and brand-specific P&Ls across all concepts.
- Establish tight controls on food and beverage cost of goods sold (COGS), labor percentages, and operating expenses.
- Implement and optimize industry-standard restaurant ERP and data systems (Paylocity, Toast, and third-party accounting systems) for timely accounting, payroll and financial reporting.
Accounting, Treasury & Compliance
- Direct accounting operations, cash flow forecasting, investor reports, payroll consolidation, and tax compliance across multiple corporate entities and local jurisdictions.
- Ensure adherence to federal, state and city labor laws, tip credit regulations, and hospitality industry compliance standards.
- Manage banking relationships, debt financing, credit facilities, and annual independent audits.
Qualifications & Requirements:
- Education: Bachelor’s degree in Accounting, Finance, or Economics; MBA and CPA strongly preferred.
- Experience: 10+ to 15+ years of progressive financial leadership experience, with a minimum of 5 years as a Controller, VP of Finance, or CFO within the hospitality, multi-unit restaurant, or food & beverage sector.
- Technical Mastery: Advanced proficiency in restaurant-specific financial management software, general ledgers, and advanced reporting.
- Core Competencies: Deep familiarity with complex multi-concept cost structures, commissary/central kitchen accounting, and investor reporting.
Note: This job description may not be inclusive of all assigned duties, responsibilities, or aspects of the job described and may be amended at any time at the sole discretion of the Employer.
Other Requirements:
- Willing to travel for business and have full-time flexible work availability.
- Able to work primarily on-site.
- Remain positive and respectful at all times toward co-workers, guests and all who do business with the Company in all interactions.
Physical Demands:
- Requires grasping, writing, standing, sitting, walking, repetitive motions, listening and
hearing ability and visual acuity.
- Talking and hearing occur continuously in the process of communicating with guests,
coworkers, and management.
- Vision occurs continuously with the most common visual functions being those of near
vision and depth perception.
- Requires manual dexterity to use and operate all necessary equipment.
Compensation:
Salary range $250K - $275K
- Performance bonus potential
- Equity participation potential
- Comprehensive benefits
- 401(k) with Company Match
- PTO
- Dining Allowance
