At a Glance
- Tasks: Lead financial management and reporting for a renowned global restaurant brand.
- Company: Join Din Tai Fung, an award-winning Taiwanese restaurant with 170 locations worldwide.
- Benefits: Competitive salary, bonuses, nutritious meals, and personalised development plans.
- Other info: Enjoy team activities, employee perks, and clear career progression opportunities.
- Why this job: Be part of a fast-growing team and make a real impact in the hospitality industry.
- Qualifications: ACCA or CIMA qualified with 3+ years in finance; strong reporting and compliance skills.
The predicted salary is between 50000 - 50000 £ per year.
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’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.
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.
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.
- Analysis of variance, year-on-year and against budget.
- Liaise with outsource accounting firm on the accounts matters e.g. 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.
- Liase with banks on matters relating to account opening, updates of bank signatories, bank facilities etc.
- Prepare overseas and intercompany payments.
- Evaluate and manage food, beverage, labor, overhead costs and capex to ensure they align with budgets/approved amount and maximize profitability.
- Analysis of costing and monthly wastages by outlets and central kitchen.
- Liasie 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.
- Liase with tax agent to ensure tax compliance with tax regulations (VAT, PAYE).
- 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.
- 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.
- Weekly reporting/update with key commentary to Financial Controller.
- Involve in system implementation & process improvements.
- Assist on ad-hoc projects, assignments and reporting.
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. Excellent communicator, with the ability to explain complex financial matters clearly.
Competitive Pay: £50000 + Bonus
Working Hours: Full time for 40 hours per week
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: 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.
Senior Finance Manager - Financial Accounts employer: Din Tai Fung UK
Contact Detail:
Din Tai Fung UK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Finance Manager - Financial Accounts
✨Tip Number 1
Network like a pro! Reach out to people in the finance and hospitality sectors, especially those connected to Din Tai Fung. A friendly chat can open doors and give you insider info about the role.
✨Tip Number 2
Prepare for the interview by brushing up on your financial reporting skills. Be ready to discuss how you've handled P&L statements and budgeting in past roles. Show us you know your stuff!
✨Tip Number 3
Don’t forget to highlight your experience with compliance and tax regulations. We want to see that you can navigate the complexities of financial policies effortlessly.
✨Tip Number 4
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 Senior Finance Manager - Financial Accounts
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Finance Manager role. Highlight your experience in financial reporting, budgeting, and compliance, as these are key aspects of the job. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our team at Din Tai Fung. Share specific examples of your past achievements and how they relate to the responsibilities outlined in the job description.
Showcase Your Communication Skills: As an Accountant/Finance Manager, you'll need to communicate complex financial matters clearly. In your application, demonstrate your ability to convey information effectively. This could be through your writing style or by including examples of how you've communicated with stakeholders in the past.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows us that you’re genuinely interested in joining our iconic brand!
How to prepare for a job interview at Din Tai Fung UK
✨Know Your Numbers
As a Senior Finance Manager, you'll need to be on top of your financial game. Brush up on key financial metrics and reports like P&L, Balance Sheets, and cash flow statements. Be ready to discuss how you've used these in past roles to drive business decisions.
✨Showcase Your Strategic Mindset
This role involves strategic planning and decision support, so come prepared with examples of how you've contributed to financial strategies in previous positions. Think about times when your insights led to successful outcomes, especially in fast-paced environments.
✨Communicate Clearly
You'll need to explain complex financial matters to various stakeholders. Practice articulating your thoughts clearly and concisely. Consider preparing a few scenarios where you had to simplify financial jargon for non-financial colleagues.
✨Understand the Business
Din Tai Fung is all about hospitality and customer experience. Familiarise yourself with the restaurant industry, particularly how finance plays a role in operations and profitability. Showing that you understand the business will set you apart from other candidates.