Legacy Ventures responds thoughtfully to the built environment. We are planners, developers, hoteliers and restaurateurs. We are innovators who use our multi-disciplined approach to create timeless places – be they hotels, restaurants, new developments or something completely new. We deliver exceptional customer experiences through an engaged and passionate team, yielding measurably better results for partners and investors.
Our combined operations position us as one of America’s leading hospitality companies with employees supporting two dozen hotels and restaurants under ownership or management. In addition to work on its owned account, Legacy today assists third party owners with development, operations management and asset management services.
Development projects have ranged in size from $10 million to $100 million and have often involved complex financial structures or public-private collaborations. Our mantra, “Thoughtfully Enhancing The Built Environment”, ™ highlights one of our key differentiators and is an important reason why we take great pride in our work.
The Restaurant Assistant Controller position reports to the company’s Controller. This position is responsible for all day to day and ongoing aspects of accounting and analysis for reported entities including involvement with forecasting and budgeting. This includes:
Operations Support
- Assist with examining operational and accounting practices and related reporting
- Facilitate ensuring policies are adhered to regarding the safeguarding of assets, controls, timely and accurate reporting, standardization and scalability
- Actively participate in pre-opening services for new restaurants
- Assist with conducting audits and other related functional training for Director
Accounts Payable
- Review entry and payment of bills, invoices and other items related to restaurants
- Review of items for proper approval, coding, potential duplication and underreporting of invoices
- Management of vendor files including year end creation of 1099s
Payroll and Sales Tax
- Work with HR, GMs and payroll company to account for biweekly payrolls and manual checks
- Maintain the monthly sales tax file for all entities
Processing of Daily Sales Reports
- Entry and posting of daily sales reports from various restaurants
General Ledger
- Prepare and enter Journal Entries
- Weekly reconciliation of BEO deposits, petty cash & timely completion of all bank reconciliations
- Responsible for intercompany transfers, entries & billings
- Analyze inventory costs and investigate discrepancies.
Financial Statements
- Prepare complete, timely and accurate financial statements to the Controller for publishing to ownership & stakeholders
- Bachelor’s degree in accounting from a 4 year college or university or extensive applicable experience.
- Self motivated with strong analytical skills.
- Ability to scale processes as the division grows
- Fluency in Microsoft Excel, Word, Outlook, Windows and relevant accounting software.
- Strong reconciliation skills for A/P, A/R, Cash Management and General Ledger.
- Ability to work in a multi-company environment is critical. Must be able to handle multiple concurrent working assignments and deadlines; hard working and very organized; effective communication skills including the ability to interface effectively with other team members; ability to learn quickly; self-motivated and self-managed; sense of humor and ability to function effectively in a small professional office.
- Restaurant accounting experience and Restaurant365 accounting software experience is a strong plus.
Skills Required
- Bachelor's degree in accounting from a four-year college or university, or extensive applicable experience
- Strong analytical skills
- Ability to scale processes as the division grows
- Fluency in Microsoft Excel, Word, Outlook, Windows, and relevant accounting software
- Strong reconciliation skills for accounts payable, accounts receivable, cash management, and general ledger
- Ability to work in a multi-company environment and manage concurrent assignments and deadlines
- Effective communication and ability to collaborate with team members
- Ability to learn quickly and work independently
- Restaurant accounting experience
- Restaurant365 accounting software experience
What We Do
Legacy Ventures is a best-in-class hospitality investment, development, and management company. As planners, developers, hoteliers, and restaurateurs, they utilize a multi-disciplined approach to create timeless places, including hotels, restaurants, and new developments. The firm is dedicated to delivering exceptional customer experiences and maximizing investment value for owners, partners, and stakeholders through a highly engaged and passionate professional team.
