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Management Accountant

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Date: 23-Nov-2021

Location: London, LND, GB

Company: Shiseido

MISSION

 

The Management Accountants in Shiseido UK&I Group Finance team support the Financial Reporting Manager and the Group Financial Controller (GFC) in ensuring the accurate and efficient management and financial accounting, reporting and control of the Shiseido Group UK&I businesses

The Management Accountant will support the FRM and Group FC in developing appropriate financial and business controls in line with Shiseido EMEA and Japan HQ requirements. They will play an important role in the month end close and will help ensure that the Shiseido UK&I results are materially correct so that they can be consolidated within the Shiseido EMEA results

 

ABOUT SHISEIDO

 

Founded in 1872 in Japan, Shiseido is one of the top leading cosmetics companies in the world and aims to inspire a life of beauty and culture. Operating in about 120 countries with 45 000 employees and 70 nationalities, Shiseido offers a unique selection of skin care, makeup and fragrance resulting in over 1 trillion yen of net sales in 2017. Thanks to 146 years of heritage, Shiseido constantly creates high-quality, highly functional, safe and innovative cosmetics and develop brands deeply loved by people from all over the world.

 

Shiseido UK & Ireland is currently the largest affiliate in the EMEA region with a diverse portfolio of 11 brands in the UK across all categories. Supporting our One Shiseido Mission, Beauty Innovations for a Better World, Shiseido UK & Ireland has committed to a vision which will be delivered through 4 strategic streams:

 

1.            Create a great place to work in Beauty

2.            Customer driven focus to meet and exceed expectations

3.            Champion Omni-channel through a seamless offering across all customer touchpoints

4.            Deliver sustainable growth and profitability of our brands

 

Our first strength is make-up with our market share at number 4 in the UK with our NARS, Laura Mercier, and bareMinerals brands. We are also growing fast in fragrance with brands such as Dolce & Gabbana, Issye Miyake and Narciso Rodriguez as well as winning market share in Skincare with Shiseido and the recently spectacular launch of Cle de Peau Beaute in Harrods.  Drunk Elephant joins our portfolio in 2021 which supports our ambition and objective to be the Top5 Beauty Group in the UK.  Our clients include high-street retailers such as Department Stores, drugstores & chains as well as online pure players and specialty stores. We also have 8 boutiques and 3 direct e-commerce websites.

 

 

ORGANISATION

Reports to: Financial Reporting Manager UKI

Job Location: London

Contract type: Permanent

 

 

MAIN RESPONSIBILITIES

 

Developing and improving the control environment

  • The Management Accountants position will be expected to identify areas of continuous improvement, particularly in relation to opportunities to for a fast month end close process and for more effective and systemised control checks

 

Ensure the integrity of month end reporting

  • Work with the FRM and Commercial Finance Analysts to deliver the month end close process across all UK&I Shiseido Group brands
  • Post journals and complete balance sheet reconciliations and other control checks post month end
  • Full control of the Fixed Asset Register
  • Ensure that their own knowledge of relevant accounting standards is kept up to date
  • Support the FRM in developing good working relationships with the EMEA Accounting Team in Paris and The US

 

 

Audit and Tax Compliance
 

  • Support the Finance Manager through the year end close process and audit with KPMG, working to deliver the year end timetable as agreed with KPMG and other key internal stakeholders

 

PROFILE

  • Part qualified accountant (ACMA, ACCA, CIMA) or by experience
  • Recent exposure to IFRS and accounting standards 
  • Experience of working in a management accounting role in a medium company with exposure to month end reporting and cashflow/treasury reporting
  • Strong excel skills with proven ability to manipulate data
  • Experience of a working with SAP
  • Financial control of key contracts
  • Experience of how financial control environments operate and how they can be improved
  • Alignment with the group’s « Trust8 » working principles: Think Big, Take Risks, Hands on, Collaborate, Be Open, Act with Integrity, Be Accountable, Applaud Success

 


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