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For Companies At a Glance
- Tasks: Manage finances, oversee reporting, and support strategic decisions in a dynamic restaurant environment.
- Company: Join the award-winning Din Tai Fung, known for its iconic Taiwanese cuisine.
- Benefits: Enjoy competitive pay, dining discounts, and personalised career development plans.
- Why this job: Be a key player in a fast-growing hospitality group with global recognition.
- Qualifications: ACCA or CIMA qualified with 3+ years in finance; strong reporting and budgeting skills.
- Other info: Experience a vibrant workplace with opportunities for growth and exciting team activities.
The predicted salary is between 42000 - 58000 £ per year.
Overview
Join to apply for the Accountant/Finance Manager role at Din Tai Fung UK.
About Our Restaurant And Bar
Din Tai Fung is an award-winning Taiwanese brand with 170 locations worldwide, renowned for our iconic Xiao Long Bao Soup Dumplings—a dish so beloved, guests travel from all over the globe to experience it. We are passionate about crafting unforgettable dining experiences, ensuring every guest feels valued and delighted. We’re currently hiring for our locations in Central London, offering you the opportunity to join an iconic global brand and grow with us as we expand across the UK.
What are we looking for?
We’re on the lookout for a hands-on, commercially minded Accountant / Finance Manager to join our growing hospitality group in the UK. This is a standalone role ideal for someone who thrives in a fast-paced environment and enjoys being closely involved in business operations, reporting, and strategy. You'll be the key finance lead in the UK, working in partnership with our outsourced accounting firm, leadership team, and Group HQ in Singapore.
What We Offer
- Competitive Pay: £50000 + Bonus
- Working Hours: Full time for 40 hours per week
- Location: Central London (on-site)
- Employee Benefits:
- 30% off dining at Din Tai Fung UK restaurants
- Dining gift voucher on your work anniversary
- Nutritious meals provided during your shifts
- Personalised development plans and clear career progression within a fast-growing restaurant group
- Paid Holidays: Start with 28 days per year, rising to 32 days with continued service
- Access to Employee Assistance Program and Financial Advice, with free counselling sessions for you and your family
- Monthly treats, team activities, and employee referral bonus and other exciting employee perks and rewards for your hard work
Key Duties And Responsibilities
- Financial Management & Reporting
- Oversee & review work done by outsourced accounting firm.
- Review financial reports – P&L, Balance Sheet, Trial Balance, schedules etc, finalise with outsourced accounting firm, close the monthly accounts timely and release the reports to the stakeholders.
- Ensure timely preparation & submission of monthly financial & management reporting, Group reporting pack in accordance with Singapore requirements.
- Ensure timely preparation and circulation of meeting material.
- Analysis of variance, year-on-year and against budget.
- Liaise with outsource accounting firm on the accounts matters e.g. AP, AR.
- Ensure timely supplier payment to ensure smooth business operations, revenue collection and costing of inventory.
- Manage credit controls & monitor aged debtors.
- Prepare monthly Intercompany Reconciliation Report.
- Liaise with Singapore finance team on the finance matters/reporting.
- Develop and manage annual budget & forecast with various stakeholders.
- Ensure timely preparation & submission of annual budget and forecasts.
- Working capital cashflow - Monitor cashflow and working capital to ensure liquidity to support business stability.
- Prepare and manage cash flow forecast and ensure adequate cash balances.
- Liase with banks on matters relating to account opening, updates of bank signatories, bank facilities etc.
- Prepare overseas and intercompany payments.
- Monitor and control costs: Evaluate and manage food, beverage, labor, overhead costs and capex to ensure they align with budgets/ approved amount and maximize profitability.
- Cost efficiency improvements: Identify opportunities for cost savings, negotiate with suppliers, and implement efficiencies across restaurant operations.
- Analysis of costing and monthly wastages by outlets and central kitchen.
- Liaise with external auditors on the company audits matters and ensure timely submission of audited reports to Group.
- Review audit pack prepared by outsourced accounting firm to ensure accurate financial reporting.
- Assist auditors on corporation tax related queries and other queries.
- Ensure external auditor recommendations are duly set up and implemented.
- Liaise with tax agent to ensure tax compliance with tax regulations (VAT, PAYE).
- Review VAT reports and final confirmation for filling.
- Review income tax computations and justification of claims (capital allowances, deductibility of operational expenses and income) & VAT, Corporate Tax Filing, Withholding Tax Filling.
- Ensure compliance with industry regulations and financial policies.
- Ensure day-to-day and long-term compliance with Group policies and procedures.
- Review and formulate procedures to strengthen controls and improve processes.
- Support growth initiatives: Provide financial input for strategic decisions like expansion, new site openings, and investment opportunities.
- Analyse and provide senior management with financial insights and support senior management with financial planning and strategy.
- Daily sales reporting to senior management.
- Weekly reporting/ update with key commentary to Financial Controller.
- Liase with corporate secretary and coordinate company secretarial matters.
- Involve in system implementation & process improvements.
- Assist on ad-hoc projects, assignments and reporting.
Requirements
- ACCA or CIMA qualified, with at least 3 years’ experience in a similar finance role
- Bachelor’s or Master’s degree in Finance, Accounting, or a related field
- Strong in financial reporting, budgeting, and compliance, with a sharp eye for detail and accuracy
- Skilled at producing clear, insightful reports for senior leadership and supporting strategic decisions
- A collaborative and dependable team player who builds strong relationships across all levels
- Adaptable and hands-on, comfortable working at both operational and board levels
- Excellent communicator, with the ability to explain complex financial matters clearly
- Acts with integrity, professionalism, and discretion at all times
NOTE: The duties entailed in this job are set out in this job description; however, at times, you may be required to undertake additional or other duties as necessary to meet the business's needs.
Seniority level: Mid-Senior level
Employment type: Full-time
Job function: Finance and Sales
Industries: Hospitality
Location: London, England, United Kingdom
ACCOUNTANT/FINANCE MANAGER employer: Din Tai Fung UK
Contact Detail:
Din Tai Fung UK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land ACCOUNTANT/FINANCE MANAGER
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance world, especially those in hospitality. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by researching Din Tai Fung and its financial operations. Show us you know your stuff by discussing how your skills can help streamline their financial processes and boost profitability.
✨Tip Number 3
Practice your pitch! Be ready to explain how your experience aligns with the role of Accountant/Finance Manager. We want to hear how you can contribute to our growth and success in the UK.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows us you’re genuinely interested in joining our team at Din Tai Fung.
We think you need these skills to ace ACCOUNTANT/FINANCE MANAGER
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Accountant/Finance Manager role. Highlight relevant experience and skills that match the job description, like financial reporting and budgeting. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for Din Tai Fung. Share your passion for finance and how your experience aligns with our mission of creating unforgettable dining experiences.
Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Use numbers and examples to demonstrate how you've improved processes or saved costs in previous roles. We love seeing tangible results!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any updates. Plus, it shows you're keen on joining our team!
How to prepare for a job interview at Din Tai Fung UK
✨Know Your Numbers
As an Accountant/Finance Manager, you'll need to demonstrate your financial acumen. Brush up on key financial metrics and reports like P&L statements and balance sheets. Be ready to discuss how you've used these in past roles to drive business decisions.
✨Showcase Your Strategic Mindset
This role requires a hands-on approach with a strategic twist. Prepare examples of how you've contributed to budget planning or cost control in previous positions. Highlight any initiatives you've led that improved profitability or operational efficiency.
✨Be Ready for Scenario Questions
Expect questions that assess your problem-solving skills. Think about scenarios where you had to manage cash flow issues or liaise with external auditors. Practise articulating your thought process and the outcomes of your actions.
✨Cultural Fit Matters
Din Tai Fung values a collaborative environment. Research their company culture and be prepared to discuss how you can contribute to it. Share experiences where you've worked effectively in teams, especially in fast-paced settings.