Director of Accounting

Company: First Watch Restaurants, Inc.
Location: Bradenton
Posted on: May 22, 2023

Job Description:

Overview:The Accounting Director will support a variety of accounting functions with a primary focus on overseeing the Accounts Payable team, overseeing the Cash team and the preparation of financial statements in compliance with US GAAP and SEC rules. This position will also be responsible for ad hoc projects including process improvement as well as researching, documenting and implementing new US GAAP standards. This position will provide technical accounting guidance to the accounting team and assist the team in preparing for the Company's external audit.Responsibilities:The essential functions in this job description are not all-inclusive of this position's duties and responsibilities. Reliable and dependable attendance is required.Develop accounting personnel, coach on proper preparation of reconciliations and audit deliverablesLead and coordinate balance sheet account close, including timely reviews and sign offs by the Accounting teamAssist with complex account reconciliations, including creating templates for complex areas and reviewing existing reconciliations for accuracy, audit readiness and opportunities for improvementAssist with Monthly Close, including hard quarter-end close and year-endCoordinate and review audit deliverables (PBCs) for financial auditResearch and lead accounting for complex topics (examples: accounting for business combinations, minority interest accounting, lease accounting, etc.)Document accounting policies and procedures which includes fully and completely understanding assigned processes and transaction flowLiaise with other functions at First Watch to understand accounting implications related to any upcoming operational changesLead continuous process improvement by constantly evaluating processes and updating documentationIncorporate internal controls into processes as warranted to prevent inaccuracies in financial statements, protect company assets and build efficienciesLead and support other accounting related projects as assignedQualifications:CPABachelor's Degree with a concentration in Accounting/FinanceMinimum 6+ years of progressive accounting experience, including accounting leadership roleStrong understanding of GAAP and ability to research and apply complex GAAPAble to document and analyze accounting processes, including internal controlsAble to create written policies and proceduresPublic accounting (audit) experienceSEC accounting experienceExperience with internal/external auditorsStrong computer skills (Accounting software, Excel, Outlook, Adobe Acrobat Pro, etc.)Who We Are:First Watch is an award-winning Daytime Dining concept serving made-to-order breakfast, brunch, and lunch using fresh ingredients. A recipient of hundreds of local "Best Breakfast" and "Best Brunch" accolades, First Watch's chef-driven menu includes elevated executions of classic favorites along with First Watch specialties such as the protein-packed Quinoa Power Bowl , Farm Stand Breakfast Tacos, Avocado Toast, Chickichanga, Morning Meditation (juiced in-house daily), Spiked Lavender Lemonade and its signature Million Dollar Bacon. In 2023, First Watch was named the top restaurant brand in Yelp's inaugural list of the 50 most loved brands in the U.S. and recognized as a Customer Experience All-Star by Forbes. In 2022, First Watch was awarded a sought-after MenuMasters honor by Nation's Restaurant News for its seasonal Braised Short Rib Omelet, recognized with ADP's coveted Culture at Work Award, and named a Most Loved Workplace in Newsweek by the Best Practice Institute. In 2021, First Watch was recognized as FSR Magazine's Best Menu and as the fastest-growing full-service restaurant chain based on unit growth. There are more than 480 First Watch restaurants in 29 states, and the restaurant concept is majority owned by Advent International, one of the world's largest private-equity firms. For more information, visit .First Watch is an equal opportunity employer. In compliance with the Americans with Disabilities Act, First Watch will provide reasonable accommodations to qualified individuals with disabilities and encourages both prospective and current employees to discuss potential accommodations with the employer.

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