CFO | Restaurant Group
Location: Central Jersey New Jersey
Salary: $175,000 - $180,000
Posted Date: 03.19.2025
Employment Type: Permanent
Job ID: 39877101
Job Description
Job Title: Restaurant CFO
Location: Central New Jersey
Location: Central New Jersey
Job Description:
We are seeking a strategic and results-oriented Chief Financial Officer (CFO) to oversee the financial operations of a growing restaurant group. The ideal candidate will bring deep experience in the restaurant or hospitality industry, providing leadership in financial planning, budgeting, and operational strategy to ensure profitability and long-term success.
We are seeking a strategic and results-oriented Chief Financial Officer (CFO) to oversee the financial operations of a growing restaurant group. The ideal candidate will bring deep experience in the restaurant or hospitality industry, providing leadership in financial planning, budgeting, and operational strategy to ensure profitability and long-term success.
As a key member of the executive team, the CFO will drive financial decision-making, optimize resources, and support the group’s expansion efforts. This role requires a proactive leader who thrives in a dynamic environment and is committed to delivering financial excellence.
Key Responsibilities:
- Oversee all financial operations, including accounting, budgeting, forecasting, and financial reporting.
- Develop and implement financial strategies to enhance profitability and support the group’s growth objectives.
- Analyze key performance indicators (KPIs) and provide actionable insights to improve revenue streams and cost efficiency.
- Manage cash flow, ensuring adequate resources to support operations and growth initiatives.
- Lead the development of annual budgets and monitor financial performance against goals.
- Collaborate with restaurant leadership to establish pricing strategies and cost controls.
- Evaluate investment opportunities, including new locations, renovations, and partnerships.
- Maintain compliance with federal, state, and local financial regulations, including tax requirements.
- Negotiate contracts with vendors, landlords, and other stakeholders to optimize financial outcomes.
- Build and manage a high-performing finance team, providing mentorship and professional development.
Qualifications:
- Bachelor’s degree in Finance, Accounting, or a related field (MBA or CPA preferred).
- 10+ years of experience in financial management, with at least 5 years in the restaurant or hospitality industry.
- Proven track record of driving financial performance and strategic planning.
- Strong understanding of restaurant-specific financial metrics, such as food and labor cost percentages.
- Exceptional analytical skills and the ability to communicate complex financial concepts to non-financial stakeholders.
- Experience with financial systems and software, including proficiency in Excel and accounting platforms.
- Strong leadership and interpersonal skills, with the ability to collaborate across all levels of the organization.
Benefits:
- Competitive salary and performance-based incentives.
- Comprehensive benefits package, including health insurance and retirement plans.
- Opportunity to shape the financial future of a dynamic and expanding restaurant group.
If you are a visionary financial leader with a passion for the restaurant industry, we invite you to apply and play a pivotal role in driving success and innovation.
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