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10/10 Vaibhav Jain
Assistant Manager - Business Strategy at Daily Food Company

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Daily Food - Financial Controller (8-10 yrs)

Overseas/International/Middle East/Riyadh/Saudi Arabia Job Code: 752321

Daily Food Company (Maestro Pizza)

Position : Financial Controller

Industry : Food & Beverages-Quick Service Restaurants

Location : Riyadh, Saudi Arabia

About company :

Daily Food Company is Saudi Arabia's fastest growing QSR (Quick Serve Restaurant) chain, which specializes in international pizza experience. Daily Food Company was incorporated in year 2012 and launched first store under - Maestro- pizza brand in year 2013. Maestro has been widely accepted & appreciated. It has 150+ fully operational stores across 30+ cities in KSA and has growth plans going forward as well.

It is Maestro's pride to achieve country leadership position in just 4 years of its operations and has retained the same since 2017. A total of around 3000 associates support the operations of Daily Food. Currently it operates on company owned and company run stores model. Maestro caters to its audience through in-store channel, call center and online ordering platforms (website and application). Check out our website www.maestropizza.com and application (https://play.google.com/store/apps/details?id=com.pizza.maestro.pizzamaestro)

The Daily Food's core team has international outlook with people from varied backgrounds constituting the management (KSA, Spain, Germany, Jordan, India, etc). The company has generated the seed funding and technical expertise from Omran M Al Omran and Partners Co. ltd. that has investment in Food, Hospitality and Finance sector.

Reporting directly to the Head of Finance you will be responsible for :

- Manage all financial accounting operations including Accounts Payable, Accounts Receivables, Treasury, General Ledger, Inventory Accounting, Revenue Recognition, and Payroll Accounting.

- Oversees and manage month-end closing and year-end closing and direct, co-ordinate and assigns duties to the accounting staffs as needed

- Ensure that all required and relevant data and information are available with the Financial Planning & Analysis team on time in order to facilitate to prepare and publish monthly internal financial statements as per the agreed schedule.

- Prepare and release monthly unaudited Financial Statements to Group CFO on time

- Maintains & reconciles the fixed assets to the general ledger

- Coordinates year-end audit with external auditors and assists in the preparation of audit schedules, data, and information

- Works closely with the accounting staffs to coordinate efforts to provide needed information for the auditors

- Conducts internal audits of the processes, records, and information.

- Directs the implementation of needed corrections as determined by the audit

- Works closely with Banks and Financial institutions concerning banking activities and ensure smooth functioning of the treasury function

- Responsible for general liability insurance renewals and amendments

- Evaluates departmental performance and makes adjustments to daily operations when needed to ensure the department meets overall goals and objectives

- Provides training, guidance, and directions to accounting staffs to ensure work is performed in an efficient, timely and knowledgeable manner

- Research technical accounting issues for compliance

- Manage and comply with government reporting requirements and tax filings

- Work on special projects as needed

KPIs :

- On time monthly closing of books of accounts

- Accuracy and completeness of the PTD & YTD Trial Balance

- Adherence of supplier payment plan

- On time release of financials to Group CFO

- On time compliance of tax and other Government requirement

- On time closure of annual audit

- Manage financial costs within budget

Required Skills and/or Competencies :

- Reliable

- Having good Work Standards (Business Insight)

- Self-driven and result oriented

- Analytical

- Problem solving ability

Experience & Qualifications :

- 8-10 yrs. post qualification experience with Professional degree in Accounting

What you can expect from us :

- International experience

- Dynamic and fast-paced learning environment

- Active participation in growth of the business

- Opportunity to work with the best minds in the industry

- Attractive tax free remuneration

- Flexibility to travel to home location with prior notice

Note : Candidates willing to relocate to KSA should apply

Women-friendly workplace:

Maternity and Paternity Benefits

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