Company Overview: The Viet Thai F&B platform (East West) is a multi- brand platform that currently owns and manages approximately 100 restaurants under various leading brands. The platform will continue to expand and introduce new concepts, acquire, and consolidate other F&B brands under this platform.
Position overview: This position will be responsible for building up a strong financial budgeting, planning and forecasting process in place for East West. Drive a strong link between current legacy systems, operating processes, market update and financial planning outcome with clear assumptions, key drivers and linked with business strategy. This role will proactively provide key inputs and bring the focuses points towards actions in the periodically financial and business review.
Scope of works:
Financial Budgeting & Forecasting
Profit and Loss consolidation by different brand and entities
Drive consistent process standardization and management across business to drive the forecast accuracy improvement.
Drive annual top down and bottom- up financial budgeting across channels and functions
Partner with Department Heads to drive monthly rolling financial forecasting.
Build and manage financial databases by organizing and analyzing a wide range of data source.
Build up and lead the variance analysis of actual performance versus budget, prior year, last forecast, etc.
Cash flow forecast model and working capital consolidation.
Business Review
Prepare data and information for long term plan, Annual Operation Plan, Monthly Financial Review and Quarterly Financial Review
Budget management
G&A and controllable cost control
Identify opportunities to optimize and drive productivity improvement.
Business performance
Analyze the Outlet performance across different brands and provide insights to FM and management.
Analyze and deep dive on the manufacturing process to provide insights and cost savings initiatives for Management.
Other ad hoc analysis as requested.
