Manager, Accounting (Restaurant - A/R) (P1-1986815-1)

Summary of Job Description:

The Manager, Accounting (Restaurant - A/R) is responsible for managing all A/R accounting functions related to domestic and international franchised, licensed, and non-traditional company-owned restaurant locations. This includes the preparation of periodic, annual, and ad hoc financial reports for leadership. This position works closely with the Legal team to ensure compliance with accounting-related terms in agreements and contracts and oversees relationships with Accounts Receivable partners. The Manager, Accounting also supports the balance sheet reconciliation process. Additionally, this position leads the annual licensee/franchise audit and contributes to the preparation of Franchise Disclosure Document (FDD) reporting. The Manager, Accounting manages a team of professional and support staff, providing coaching and development to enhance team performance and drive continuous improvement.

You'll get a chance to:

• Be responsible for the interface of the A/R subsystem, review and record royalties on a timely basis, and handle the billing of licensed stores while working with the International & Domestic Licensing team. Interpret and update contracts in the A/R subsystem as the basis for billing. Propose adjustments (journal entries) and post them to the General Ledger.
• Manage a team of professional and support staff, providing coaching and development to enhance team performance and drive continuous improvement. Assist Accounting leadership with recruiting and retaining staff.
• Provide support to the licensee business team, including business analysis, ad hoc reporting, and managing licensee accounts receivable to ensure proper revenue recognition and timely collection. Lead the Licensee/Franchise annual audit.
• Lead non-traditional company-owned accounts receivable, partner with the Legal team to ensure accounting compliance, and manage accounts receivable to ensure timely collection.
• Prepare periodic account reconciliations and reporting.
• Develop and implement accounting policies and procedures to ensure proper controls are in place.
• Drive continuous improvement initiatives and special projects to further enhance and simplify processes.
• Provide customer service to Operations (GMs) in assigned regions, helping them understand P&Ls and responding to questions or issues.

How we reward you:

• Hybrid Work schedule
• 401K with company match
• Yearly bonus opportunity*
• Full medical, dental, and vision insurance *
• On-site fitness center, biometric screen, and flu shot clinic
• Discounts at Panda restaurants, theme parks, and gym memberships
• Paid time off starting at 15 days with 7 federal holidays*
• Continuous education assistance and scholarships*
• Income protection including Disability, Life and AD&D insurance*
• Bereavement leave*

*Benefits available for eligible permanent full time associates

Your background & experience:

• Bachelor's degree required; major in Business/Accounting preferred with course work in Accounting required; CPA preferred
• Minimum five years of experience in private/public industry accounting with increasing management responsibility.Nationally recognized public accounting firm experience preferred
• Obtaining a valid Food Handler's Card within 30 days of employment is a requirement of this position.
• If hired, completion of annual store training.

Pay Range: M2: $112,500 - $158,000 / Annual

* Within the range, individual pay is determined using various factors, including work location and experience.

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Panda Strong since 1983:

Founded in Glendale, California, we are now the largest family-owned American Chinese Restaurant concept in America. With close to 2,300 locations globally, we continue our mission of delivering exceptional Asian dining experiences by building an organization where people are inspired to better their lives. Whether it's impacting our team or the communities we work in, we're proud to be an organization that embraces family values.

You're wanted here:

We value diversity in all forms and know the strength it brings. Workplace equality allows for creative ideas to bloom, diverse points of view to be heard, and improves overall happiness. We like the sound of that.

Panda Restaurant Group, Inc. is an Equal Opportunity Employer and is committed to providing equal opportunity, and does not discriminate on the basis of any characteristic protected by law, including but not limited to sex/gender (including pregnancy, childbirth, lactation and related conditions), gender expression, race, color, religion, national origin, sexual orientation, gender identity, disability, age, ancestry, medical condition, genetic information, marital status, and veteran status. Additionally, Panda Restaurant Group, Inc. complies with all federal, state, and local laws regarding requests for workplace accommodations. If there is a reason you believe you require an accommodation, please reach out to our accommodation team vie email at PandaLOA@PandaRG.com.