Compass Group
Job Summary
Site Specific Responsibilities: Financial Forecasting & Budgeting Develop and maintain weekly labor and COGS forecasts based on productivity metrics. Lead the creation of quarterly headcount-based forecasts to support strategic workforce planning. Prepare and update Forecast A/B projections and the annual operating budget for operating units and investment accounts. Conduct monthly productivity updates to inform financial forecasting and labor planning. Revenue & Expense Management Update internal spreadsheets daily with revenue and guest count data to calculate average check and participation rates. Enter all daily revenue figures into Financial system and ensure accuracy and completeness. Monitor and review weekly Procurement Card expenditures for accuracy and compliance. Financial Reporting & Flash Communication Prepare and distribute weekly Flash reports to both client and Internal stakeholders. Update Flash commentary in MyFi based on financial results and variances. Communicate Flash highlights and key takeaways to the client in a timely and professional manner. Prepare and present "Day X" month-end close summaries to corporate, ensuring all journal entries and accruals are completed and reconciled. Accounts Receivable & Client Billing Prepare and reconcile monthly investment tracker to ensure accurate reimbursement requests. Reconcile AR invoices against Client portal records, identifying and correcting discrepancies. Prepare and submit monthly subsidy invoices on behalf of Compass to the client portal. Collaborate with the Staff Accountant to address and resolve any AR or billing issues. Manage intercompany charge transfers between investment and subsidy accounts. Post journal entries for reclassifications, accruals, and corrections as needed throughout the month. Operational & Strategic Support Provide ad-hoc proforma financial estimations for new cafs or operational initiatives. Actively participate in on-site meetings including leadership forums, supervisor development, area finance/operations reviews, safety sessions, and AR calls. Support and contribute to the preparation and execution of Quarterly Business Review (QBR) meetings with clients and leadership. Preferred Qualifications: Bachelor's degree in Accounting preferred, or equivalent professional experience A minimum of five years' experience with revenue control, financial reporting and cash handling responsibilities Accounting experience in foodservice or retail industry preferred, foodservice operations experience a plus Ability to prepare monthly financial statements, key metric reports, budgets, forecasts, cash flow projections and analyses Adept at planning, organizing and controlling complex processes as well as analyzing moderately complex financial information Experience with POS, cash and credit card reports Excellent verbal and written communication skills Skilled at managing multiple priorities and relationships Computer skills: proficient in Microsoft Office with a concentration in Excel Ability to multitask and prioritize in a fast-paced, dynamic work environment Conformity to the highest standards of personal integrity and ethical behavior Associates at Flik Hospitality are offered many fantastic benefits including medical, dental, vision, life insurance/AD, disability insurance, retirement plan, paid time off, holiday time off, associate shopping program, health and wellness programs, discount marketplace, identity theft protection, pet insurance, commuter benefits, employee assistance program, flexible spending accounts (FSAs), paid parental leave, and personal leave. Associates may also be eligible for paid and/or unpaid time off benefits in accordance with applicable federal, state, and local laws. For positions in Washington State, Maryland, or to be performed remotely, click
here
for paid time off benefits information.
Site Specific Responsibilities: Financial Forecasting & Budgeting Develop and maintain weekly labor and COGS forecasts based on productivity metrics. Lead the creation of quarterly headcount-based forecasts to support strategic workforce planning. Prepare and update Forecast A/B projections and the annual operating budget for operating units and investment accounts. Conduct monthly productivity updates to inform financial forecasting and labor planning. Revenue & Expense Management Update internal spreadsheets daily with revenue and guest count data to calculate average check and participation rates. Enter all daily revenue figures into Financial system and ensure accuracy and completeness. Monitor and review weekly Procurement Card expenditures for accuracy and compliance. Financial Reporting & Flash Communication Prepare and distribute weekly Flash reports to both client and Internal stakeholders. Update Flash commentary in MyFi based on financial results and variances. Communicate Flash highlights and key takeaways to the client in a timely and professional manner. Prepare and present "Day X" month-end close summaries to corporate, ensuring all journal entries and accruals are completed and reconciled. Accounts Receivable & Client Billing Prepare and reconcile monthly investment tracker to ensure accurate reimbursement requests. Reconcile AR invoices against Client portal records, identifying and correcting discrepancies. Prepare and submit monthly subsidy invoices on behalf of Compass to the client portal. Collaborate with the Staff Accountant to address and resolve any AR or billing issues. Manage intercompany charge transfers between investment and subsidy accounts. Post journal entries for reclassifications, accruals, and corrections as needed throughout the month. Operational & Strategic Support Provide ad-hoc proforma financial estimations for new cafs or operational initiatives. Actively participate in on-site meetings including leadership forums, supervisor development, area finance/operations reviews, safety sessions, and AR calls. Support and contribute to the preparation and execution of Quarterly Business Review (QBR) meetings with clients and leadership. Preferred Qualifications: Bachelor's degree in Accounting preferred, or equivalent professional experience A minimum of five years' experience with revenue control, financial reporting and cash handling responsibilities Accounting experience in foodservice or retail industry preferred, foodservice operations experience a plus Ability to prepare monthly financial statements, key metric reports, budgets, forecasts, cash flow projections and analyses Adept at planning, organizing and controlling complex processes as well as analyzing moderately complex financial information Experience with POS, cash and credit card reports Excellent verbal and written communication skills Skilled at managing multiple priorities and relationships Computer skills: proficient in Microsoft Office with a concentration in Excel Ability to multitask and prioritize in a fast-paced, dynamic work environment Conformity to the highest standards of personal integrity and ethical behavior Associates at Flik Hospitality are offered many fantastic benefits including medical, dental, vision, life insurance/AD, disability insurance, retirement plan, paid time off, holiday time off, associate shopping program, health and wellness programs, discount marketplace, identity theft protection, pet insurance, commuter benefits, employee assistance program, flexible spending accounts (FSAs), paid parental leave, and personal leave. Associates may also be eligible for paid and/or unpaid time off benefits in accordance with applicable federal, state, and local laws. For positions in Washington State, Maryland, or to be performed remotely, click
here
for paid time off benefits information.