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Finance Manager

Job title: Finance Manager
Location: London
Specialisation: Retail
Salary: GBP 50,000 - 55,000 (Annual)
Reference: PR/117498
Contact details: Emika Yamauchi
Contact email: emika.yamauchi@jac-recruitment.com
Job published: April 10, 2024 12:29
Position: Finance Manager (Japanese Speaking)
Salary: GBP 50K-60K
Location: London
Hours: 40 hours per week
(Normal working hours are eight hours per day, five days per week, with core hours from 10am to 3pm.)
 

PURPOSE OF THE ROLE:
The Finance Manager is responsible, under the direction of the Finance Director, to ensure the smooth running of the finance department. This includes managing two Accounts Assistants and ensuring that the financial records and reporting of the company.

KEY RELATIONSHIPS
Internal
-Finance Director 
-Director General/CEO 
-Executive Director
-EMC
-Budget holders
-Tokyo Liaison Manager
 
External
-Commercial Operators (Retail and Restaurant)
-External Auditors
 
KEY RESPONSIBILITIES
The Finance Manager will ensure the:
-Monitoring of day-to-day financial operations and of the finance function and compliance with internal
procedures and accounting standards.

-Preparation of reports for Ministry of Foreign Affairs (MOFA)
-Development and management of financial analysis tools
-Preparation of the annual budget/forecast, including liaison with budget holders and MOFA.
-Supporting the Finance Director with the annual audit
-Promote understanding of financial regulations and legislation.
 
Financial Administration and Reporting
-Draft quarterly P&L, Balance Sheet and ad hoc reports for Board and Committee meetings 
-Monitor and prepare of general ledger entries.
-Preparation and management of sales invoices and its accurate revenue recognition.
-Preparation and management of periodic accounts close (Monthly/Quarterly/Annual).
-Undertaking and management of Balance Sheet Reconciliations including bank accounts and daily sales.
-Liaising with the external auditors during the annual financial audit, providing relevant audit evidence
-Liaison and reporting, as required, with MoFA, ensuring compliance with MOFA specification.
-Reporting on organisation’s reserves utilisation
-Cash flow management and FX monitoring
-Reviewing month end stock reconciliations for The Shop including year-end impairment and adjustments.
-Assist in the setting and update of internal control policies & procedures
-Providing advice and assistance to non-finance staff
-Overview of tax administration in conjunction with external tax consultant.
-Supervise and train two Finance Assistants.
 
Budget and Forecast
-Oversight of procurement procedures including management of purchase order system
-Preparation and creation of annual budget and forecasts.

 
Team Management
-Line manage the Finance Assistant for and Finance Assistant
-Provide guidance and direction to direct reports, fostering a collaborative, innovative and performance-drivenwork environment 
-Support and coach direct reports via regular 1:1s, goal setting for development and reviewing performance. 

 
PROFESSIONAL QUALIFICATIONS KNOWLEDGE &EXPERIENCE
Essential
-ACCA, ACA or CIMA or close to qualifying
-A bachelor’s degree
-At least 5 years’ experience of finance operations.
-Experience with XERO or any other ERP system.
-Experience of developing and implementing financial/accounting systems and procedures.
-Experience of staff management is essential.
-Good knowledge of UK GAAP is essential.
-Competency in Microsoft Excel/Word/PowerPoint
 
Desirable
-Good knowledge of UK tax regulations
-Knowledge of Xero or any other ERP systems
-Knowledge of the Japanese language and / or working with Japanese organisations is desirable
-Knowledge of working with government funding would be an advantage
-Experience with audit would be an advantage.

*Candidate must have right to work in the UK