Senior Financial Accountant

5 days ago

Mangalore, Karnataka, India beBeeBookkeeper Full time ₹ 7,50,000 - ₹ 10,00,000
Franchise Bookkeeper Job Description

Job Title: Franchise Bookkeeper

This role is responsible for managing the financial aspects of multi-unit clients in the franchise industry.

Key Responsibilities:
  • Manage daily posting and month-end close for multiple locations, ensuring standardized chart of accounts by brand.
  • Reconcile bank/credit card/merchant accounts and third-party delivery or marketplace deposits.
  • Match POS sales to deposits and resolve over/short cash variances.
  • Integrate and reconcile data from various point-of-sale systems and accounting software.
  • Maintain clean bank feeds and mapping rules in preferred accounting software.
Financial Management:
  • Record daily sales summaries (net of discounts, comps, refunds, taxes, tips).
  • Track inventory/COGS and waste; post landed costs; help implement perpetual or period inventory where applicable.
  • Manage deferred revenue (e.g., gift cards, prepaid packages/memberships) and redemptions.
Accounts Payable and Receivable:
  • Run three-way match for vendor bills (PO/invoice/receipt) where used; code shared costs across locations.
  • Process payments, credit memos, and vendor statements; manage W-9 collection and 1099-NEC vendor lists.
  • Set and monitor cash-handling controls and deposit cadence.
Payroll and Labor:
  • Prepare payroll inputs (hours, tips, PTO) and reconcile payroll journals; coordinate with providers (ADP, Gusto, Paychex).
  • Track labor % by location/department and accrue payroll taxes/benefits as needed.
Taxes and Compliance:
  • Prepare sales/use tax workpapers across states; coordinate e-filings (experience with Avalara/TaxJar a plus).
  • Support CPA with 941/940, state filings, and annual returns; maintain audit-ready records.
Reporting and Analysis:
  • Deliver location P&L, balance sheet, cash flow and consolidated roll-ups on a 4-5-4 retail calendar or monthly close.
  • Build simple KPI packs: sales mix, AOV, labor %, COGS %, prime cost, ad-fund %, royalty %, occupancy %, EBITDA.
  • Flag anomalies and actionable insights (price/margin leakage, fee creep, under-depositing, rising food/labor trends).

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