Accounting Manager, Capital & Operations - Ninety Nine Restaurant & Pub
Woburn, MA 01801
About the Job
POSITION SUMMARY
The Accounting Manager, Capital & Operations will be responsible for overseeing all aspects of fixed asset management and lease accounting in addition to restaurant accounting for our multi-unit restaurant company. This pivotal role involves ensuring compliance with accounting standards, implementing efficient processes, and providing strategic financial insights to support business growth.
PRIMARY RESPONSIBILITIES – Including, but not limited to:
· Maintain a comprehensive fixed asset management system.
· Oversee the accurate and timely recording of fixed asset acquisitions, disposals, and depreciation.
· Collaborate with cross-functional teams to monitor and control capital expenditures.
· Lead lease accounting activities in accordance with accounting standards (e.g., ASC 842).
· Ensure accurate recording of lease-related transactions, including lease modifications and terminations.
· Collaborate with real estate, legal, and supply chain teams to evaluate the financial impact of lease agreements and contracts.
· Prepare and review financial reports related to fixed assets and lease accounting.
· Supervise and mentor the restaurant accounting team responsible for day-to-day financial activities at individual restaurant locations.
· Ensure accurate and timely recording of financial transactions, including revenue, expenses, and inventory.
· Provide insights into financial performance and variances to budget or forecasts.
· Collaborate with restaurant managers and operational teams to monitor and analyze costs.
· Assist in coordinating with internal and external auditors during audit processes.
· Collaborate with cross-functional teams, including operations and finance, to achieve overall company goals.
· Ensure compliance with all relevant accounting standards, tax regulations, and company policies.
· Stay updated on changes in accounting regulations and proactively adapt processes to maintain compliance.
· Other duties as assigned.
POSITION QUALIFICATIONS
Bachelor’s degree in accounting or related field.
SKILLS & SPECIFICATIONS
Experience/Training:
8+ years of experience in accounting, with a focus on fixed asset and lease accounting.
Required:
· Strong knowledge of accounting standards, including ASC 842.
· Ability to manage multiple time demands and deadlines.
· Ability to prepare financial analyses from general ledger data.
· Proficiency in accounting software and ERP systems.
· Advanced Excel skills.
· Outstanding interpersonal, leadership, problem solving and decision-making skills.
· Strong communication skills (verbal and written).
· Detail oriented, positive attitude and a proven ability to succeed.
Preferred:
· Public accounting experience.
· JD Edwards experience a plus.
Certifications & Licenses:
· Certified Public Accountant.
Benefits:
- We provide competitive health care programs that are ACA compliant. Choose from four medical plans which feature benefits including – but not limited to: preventative care, physician services, hospital, emergency room and prescription drug coverage.
- Choice of two dental plans that cover basic and major dental care expenses: Basic Dental, Select Dental
- Optional EyeMed Plan provides basic eye exam and hardware benefits
- Flexible Spending Accounts (FSA's) Elect before-tax contributions to pay for eligible health care and/or dependent care expenses
- Life Insurance (Provided at no cost to team member) – Basic life insurance equal to 1x base salary + average of prior two years bonus (“covered compensation”), up to $250,000.
- Supplemental Life Insurance. You can purchase up to 4x covered compensation, with a maximum of $500,000. If supplemental employee life insurance is elected, additional coverage for spouse and/or children is also available.
- Basic AD&D insurance equal to 1x covered compensation.
- Short Term Disability (Provided at no cost to team member) – In the event of a medically approved illness or injury, STD provides salary continuation. Benefit is 60% of base salary ($1,400 weekly maximum benefit) for up to 26 weeks.
- Long Term Disability (Provided at no cost to team member) – 50% base salary LTD benefit continues salary if you are medically unable to work following 26 weeks of Short-Term Disability benefits.
- After 6 months of employment you are eligible to participate in the company’s 401(k) plan upon reaching 21 years of age. The company provides discretionary matching contributions subject to Board approval quarterly.
- Employee Assistance Program (EAP) (Provided at no cost to team member) – Confidential support and assistance for you and your family members on a variety of personal issues, including: stress, depression, addiction, grief, etc.
- Earn vacation based upon company policy
- Critical Illness coverage will help you with those non-medical costs that come along with a critical illness diagnosis and treatment, like loss of income, travel expenses and/or child-care.
- Accidents happen every day, and they can take a toll on your finances. Voluntary Accident insurance can help you with medical expenses when accidents accure.
- Hospital Indemnity plans can give you peace of mind knowing there is a cash infusion coming your way if you ever have to go to the hospital for treatment.
The salary for this position is $90,000-95,000