Finance Manager
The Finance Manager oversees the profitability and financial health of the business. They are expected to handle critical hospitality-specific tasks like food and beverage cost controls, payroll reconciliation, and budget forecasting, while ensuring compliance with local tax and labor laws.
Key Responsibilities
- Cost Control & Analysis: Monitor prime costs (Cost of Goods Sold (COGS) and labor) against revenue to ensure the restaurant maintains a healthy profit margin.
- Payroll & Gratuities: Manage weekly payroll processing, tip pooling and distribution, and payroll tax filing.
- Financial Reporting: Generate weekly, monthly, and yearly Profit & Loss (P&L) statements and cash flow forecasts.
- Vendor & Inventory Management: Negotiate supplier contracts, analyze invoice accuracy, and reconcile inventory to avoid waste or over-ordering.
- Pricing Strategy: Collaborate with the executive chef and general manager to optimize menu engineering and pricing.
- Compliance: Ensure all local Chicago and Illinois tax codes, tip compliance, and health department regulations are strictly followed.
- Education: Bachelor's degree in Finance, Accounting, or Business Administration.
- Experience: 3–5 years of financial management experience, ideally in the hospitality, food service, or multi-unit restaurant industry.
- Technical Skills: Advanced proficiency in Microsoft Excel, point-of-sale (POS) data integration, and accounting software (e.g., QuickBooks).
Recommended Jobs
Paid Social Specialist
Paid Social Specialist Job Summary The Paid Social Specialist will be responsible for the management of paid social media campaigns via Meta Business Manager, for automotive clients. This posit…
Manager, Talent Acquisition Business Partner
About WPP Media WPP is the trusted growth partner for the world’s leading brands. With exceptional talent, trusted data and intelligence, and world-class partnerships – all united by our pioneer…
Travel Nurse RN - Emergency Room (ER) / Trauma in Urbana, IL
Registered Nurse (RN) | Emergency Room (ER) / Trauma Location: Urbana, IL Agency: Lancesoft Inc Pay: Competitive weekly pay (inquire for details) Shift Information: Days - 3 days x…
Electrical and Automation Design Engineer
Concentric Integration, a subsidiary of Baxter & Woodman, Inc. Your future position: Electrical and Automation Design Engineer Location: Peoria, IL Why you should join our team! Why Concentric Inte…
Manufacturing Engineer - Automated Assembly Equipment
Job Posting Start Date 05-20-2026 Job Posting End Date 07-27-2026 Flex is the diversified manufacturing partner of choice that helps market-leading brands design, build and deliver innovative produ…
Travel Nurse RN - Intensive Care Unit (ICU) / Critical Care - $2,180 per week in Jacksonville, IL
Registered Nurse (RN) | Intensive Care Unit (ICU) / Critical Care Location: Jacksonville, IL Agency: Lancesoft Inc Pay: $2,180 per week Shift Information: Nights - 3 days x 12 hour…
Client Experience Specialist - Schaumburg
At Tricoci Salon & Spa, we believe in the power of beauty, self-care, and a sense of belonging. We're a leading name in the beauty industry, offering an experiential space where our clients and team …
RN- Emergency Room
Job Requirements: • Uses the nursing process, critical thinking skills, professional judgment, and the attributes of Careful Nursing to provide care for an assigned population of patients. • Asse…
Cook
POSITION SUMMARY The Marriott Marquis Chicago is now partnering with the Rouxbe Cooking School to offer culinary associates engaging online training opportunities to help grow their careers.…
Travel Nurse RN - Intensive Care Unit (ICU) / Critical Care - $2,290 per week in Rockford, IL
Registered Nurse (RN) | Intensive Care Unit (ICU) / Critical Care Location: Rockford, IL Agency: Cynet Health Pay: $2,290 per week Shift Information: Nights - 3 days x 12 hours …