Manager, Accounting; Restaurant – A​/R

Join to apply for the Manager, Accounting (Restaurant – A/R) role at Panda Restaurant Group

Join to apply for the Manager, Accounting (Restaurant – A/R) role at Panda Restaurant Group

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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.

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.

• 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

• Bachelor’s degree required; major in Business/Accounting preferred with course work in Accounting required; CPA preferred
• Minimum…