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COREcruitment Ltd

Finance Manager

London
£55k/yr
Posted 2 days ago
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Finance Manager

Finance Manager – Multi-Site Restaurant Group

We are seeking a hands-on, commercially astute Finance Manager to join this growing multi-site restaurant group. This is a high-visibility role for a business known for its commitment to seasonal ingredients, craft beverages, and exceptional front-of-house service. You will act as the bridge between transactional finance and operational leadership, ensuring financial discipline across all sites while supporting the Head of Finance in strategic initiatives.

Essential Criteria

  • Proven experience in hospitality/food & beverage (F&B), ideally within a multi-site environment (e.g., restaurants, bars, pubs, quick-service or full-service concepts).

Key Responsibilities

Financial Reporting & Analysis

  • Own the monthly management accounts for 5–10 individual restaurant units, consolidating data at group level for review by the Head of Finance.
  • Deliver accurate P&L statements with variance analysis vs. budget and prior year, flagging key drivers (e.g., COGS, labour, occupancy, wastage).
  • Manage the balance sheet, including prepayments, accruals, fixed assets (kitchen/bar equipment), and stock reconciliations.
  • Oversee cash flow forecasting, particularly critical for seasonal trading cycles and supplier payment runs.

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Operations & Commercial Support

  • Partner with GMs and Head Chefs on site-level P&L performance, challenging line-by-line (e.g., dry goods, fresh produce, breakages, agency labour).
  • Lead monthly stock takes and analyse gross profit margins by menu category.
  • Support menu engineering decisions via item-level margin analysis (food cost %, GP£).
  • Review EPOS (till) data vs. bank settlements to ensure revenue integrity across all sites.

Team & Process Management

  • Indirectly manage two finance team members, overseeing tasks like supplier invoice processing, payment runs, and cash-up reconciliations.
  • Implement and maintain consistent financial processes across all sites (e.g., purchase order matching, daily sales reporting).
  • Own the period-end close timetable, ensuring all site managers submit required data on time.

Compliance & Audit

  • Ensure VAT compliance (including standard-rated food/drinks vs. zero-rated items) and payroll compliance.
  • Prepare year-end audit files and liaise with external auditors.
  • Monitor key controls (e.g., cash handling, staff discounts, wastage recording).

Candidate Profile

Essential Requirements

  • Minimum 2 years in a finance role within hospitality/F&B (restaurants, bars, pubs, hotels with F&B, or catering).
  • Multi-site exposure – experience managing finances across multiple locations (considering different trading patterns, local labour markets, and suppliers like Deliveroo/Uber Eats).
  • Fully qualified (e.g., ACA, ACCA, or CIMA).
  • Advanced Excel skills (lookups, pivot tables, SUMIFS, data modelling).
  • Experience with EPOS systems (e.g., Square, Toast, Epson, Micros) and accounting software (preferably Xero, Sage, or NetSuite).

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Desirable Attributes

  • Familiarity with stock management software (e.g., MarketMan, BevSpot, MarginEdge).
  • Knowledge of hospitality-specific KPIs (e.g., average spend per head, covers per labour hour, GP3%).
  • Previous experience in a kitchen-led, fresh-food concept (e.g., farm-to-table, nose-to-tail, bakery-restaurant hybrid).

Personal Attributes

  • Office-present, operator-ready – this is a non-hybrid, fully on-site role (5 days/week).
  • Resilient, comfortable with hospitality’s fast-paced, deadline-driven environment.
  • Strong communicator – able to explain financial variances to non-finance operational leaders.
  • Hands-on and practical – prepared to investigate missing invoices and resolve till discrepancies.
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Skills

Financial Analysis
P&L Management
Cash Flow Forecasting
Variance Analysis
Stock Management
Excel
EPOS Systems
Accounting Software
Compliance
Audit
Team Management
Hospitality Knowledge
Communication
Problem Solving
Operational Support
Process Implementation

Location

London, England, United Kingdom

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