Financial Controller

Job Title: Financial Controller
Contract Type: Permanent
Location: Tokyo, Japan
Industry: Accounting & Finance
Salary: 9000000 - 14000000
Reference: 11023
Contact Name: Cian Boland
Job Published 10th May 2019


The Financial Controller (FC) will have full financial responsibility and oversight over a rapidly growing business with annual revenues exceeding 3 billion Yen.
Apart from ensuring timely, accurate and relevant statutory & management reporting, the FC will partner with all members of the Japan management team to provide insightful input and analyses into all critical areas of the business.
Since its start up 5 years ago the company has experienced tremendous growth in its TFS and DCC businesses.
To ensure continued growth into the future the company must now strengthen its back office support functions that are too manual and inadequate for a multibillion Yen organization. The FC will play an important role in driving change and assume end-to-end ownership of certain business processes.

The Financial Controller’s main responsibilities include:

•Support the Commercial team to complete and review models for tender & business case
•Review and critique relevant parts of new customer and vendor contracts.
•Review and critique pricing models and provide instructions for implementation when needed.
•Provide recurring and ad-hoc analyses of volumes, revenues, costs and margins by merchant or business segment.
•Provide support and guidance to the operational teams for financial and commercial issues.
•Provide other ad hoc support for miscellaneous business decisions as required.

Accounting, Taxation and Statutory Reporting
•Oversee and manage the outsourced accounting for two local entities.
•Lead and supervise one in-house senior accountant in the execution of her duties.
•General financial accounting activities including, but not limited to:
     oMerchant invoicing 
     oMonth-end close and reporting, including Group reporting via HFM 
     oProvide P&L commentaries and financial forecasts 
     oBalance sheet account reconciliations
     oManagement of cash and forecast cash flows
     oStatutory Reporting according to Japanese company law
     oTax filing and Compliance (Corporate Income Tax, Consumption Tax, etc. )
     oEnsure strict adherence to applicable IFRS and Group accounting policies
     oLead the follow-up and resolution of Group Internal Audit comments
​​​​​​​     oMaintain and improve internal controls and processes in coordination with Group Internal Audit and APAC Finance
•Liaise with external service providers including outsourced accounting service provider, Auditors and Tax advisers.
•Resolve technical accounting issues and prepare supporting Accounting Position Papers to justify positions taken.
•Liaise and co-ordinate with regional accounting and reporting functions in Singapore and Europe.
• Support and drive the annual Budgeting and periodic forecasting cycle.
• Other ad-hoc tasks and projects when required.

Process Change and Improvements
•Solidify and stabilize critical back office support functions by driving the implementation of the recommendations produced by the current Japan Back Office Improvement project. Once implemented, assume ongoing end-to-end ownership, including staff oversight, of critical financial processes including:
​​​​​​​     oMerchant invoicing (including IT hardware and related consumables)
​​​​​​​     oMerchant onboarding & master data maintenance (including Salesforce system)
​​​​​​​     oMerchant Commission report generation
​​​​​​​     oData integrity and management reporting
​​​​​​​     oInventory management of stock of technology assets (including passport readers and kiosks)
•As appropriate, but likely within 24 months, plan and execute the insourcing of the financial accounting function so that the company has full control over its accounting & reporting
activities. This activity will be closely coordinated with the APAC CFO and should not result in an increase in the cost of the outsourced activity.

Profile and education
•Minimum 5 years post graduate audit and accounting experience in a Big 4 accounting firm.
A further minimum 5-7 years experience in industry where the candidate has developed and managed an entire Finance function including its support systems.
•Qualified CA/CPA with undergraduate or Master’s degree in Finance & Accounting or Economics.
•A fast learner who can identify improvement opportunities across the organization and convince all stakeholders of related merits.
•Hands on experience managing change and implementing new business processes.

Specific skills and knowledge
•Self-starter with strong desire to find new innovative solutions to the company’s business challenges.
•Ability to partner and develop relationships with all stakeholders in the organization and work in a cooperative and professional manner.
•Possess a strong working knowledge of entire business cycles (e.g. cash-to-cash), accounting & reporting, principles of taxation and corporate governance.
•Hands-on experience drafting policies, procedures, business processes & SOP’s.
•Very strong communicator, in English and Japanese with solid influencing skills and ability to convince through objective analysis and ability to find win-win solutions.
•This individual cares about helping others to improve their respective operations and drive positive change in the business.
•Advanced Excel and data management

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