At a Glance
- Tasks: Support month-end close, manage cashflow forecasts, and drive improvements in working capital.
- Company: Join Suntory, a leading global soft drinks company with a vibrant culture.
- Benefits: Enjoy a supportive work environment, career growth opportunities, and work-life balance.
- Other info: Be part of a diverse and inclusive workplace that values your unique contributions.
- Why this job: Make a real impact in finance while working with inspiring leaders.
- Qualifications: Qualified accountant with FMCG experience preferred; strong Excel skills required.
The predicted salary is between 45000 - 55000 £ per year.
Suntory is a fast moving, agile and entrepreneurial business that is home to some of the nations most loved brands. The Suntory Group is one of the largest soft drinks companies and among the world's leading consumer products companies. We offer a uniquely diverse portfolio of beverages enjoyed by millions across the globe.
The purpose of the GB&I Financial Accountant is to support the GB&I month end close process efficiently and smoothly, ensuring both the statutory and management accounts reconcile and are complete and accurate. They will also play a leading role in the annual audit process across interim and group audit as well as local statutory audits. The role also has local treasury responsibilities including managing the weekly cashflow forecast as well as the forward-looking Free Cash Flow forecast for GB&I. This role will support to identify opportunities to help drive improvements in working capital.
What You’ll Do
- Responsible for ensuring timely month end close for areas including intercompany reconciliations, lease/CAPEX accounting, royalties and treasury.
- Responsible for all elements of the GB&I direct cashflow forecasting process including running weekly meetings with stakeholders to review.
- Support the forecasting of the consolidated SBF GB&I Balance sheet and Free Cash Flow (indirect) forecast.
- Working across the business to drive improvements in Working Capital (e.g. working with Supply Chain to understand changes in inventory).
- Supporting the month end process to meet SBFE deadlines including running the FICO reconciliation as required, preparing SAP BPC data loads and reconciliation.
- Support monthly Free Cash Flow reporting to SBFE and analysis, including a detailed analysis of working capital movements.
- Responsible for ensuring a clear reconciliation between the Direct and Indirect cashflow forecasts.
- Prepare and present Balance sheet reconciliations for areas of responsibility for all three GB&I entities, ensuring accuracy and integrity of the Balance Sheet.
- Supporting preparation of annual statutory accounts across three entities as well as liaising with external auditors.
- Support tax reporting for CT and capital allowance computations.
- Ad-hoc reporting, analysis and projects (e.g. UK DRS, S/4 HANA).
- High level of understanding of internal processes and their interactions to enable this role to 'step up' at times when Deputy Financial Controller is not available as part of this role's development.
- Keep the wider business updated with relevant changes to annual return reporting, working in collaboration with and influence into the relevant functions to ensure the business meets its reporting requirements (e.g. new IFRS 18 reporting requirements and regulatory updates).
- Be recognised as the Subject Matter Expert for external updates and changes in accounting standards.
- Lead the implementation of any relevant new standards through understanding the full requirements and breaking down the specific components and identifying necessary data sources, as well as individuals within the organisation to enable its smooth implementation.
- Completion of the consolidated quarterly reporting for SBFGB&I to SBF as well as liaising with the external auditors regarding the submission.
- Producing annual statutory accounts with the Deputy Financial Controller as well as liaising with external auditors.
- Support with internal audit (J-SOX) in GB.
- Continuous improvement of business processes & ways of working.
What's in it for you
Joining Suntory isn't just about taking on a role, it's about embarking on a career journey. You have the opportunity to work with talented, inspiring and authentic leaders and have the freedom to dream big and go for it (Yatte Minahare). At Suntory you'll find a supportive work environment that values work life balance and that will help you realise your full potential and grow for good. Our People and Culture team are a team that genuinely care about creating a great experience for our employees and we would love you to be part of it.
What You need to be successful
- Qualified accountant (ACCA, ACA/CA, CIMA).
- FMCG experience would be a distinct advantage.
- ERP system transition experience is desirable.
Key Competencies and skills
- Strong base of financial accounting knowledge.
- Inquisitive, keen to learn and desire for continuous improvement.
- Confident and credible in front of wider ranging finance teams.
- Ability to challenge and look past the numbers.
- High level of resilience under pressure.
- An eye for the detail and self-check work.
- Desire for personal development within Financial Control or the wider Finance community.
- Strong Excel capability.
- Previous use of SAP would be an advantage.
Our DEI Commitment
At Suntory, we recognize that diverse knowledge, perspectives, and backgrounds contribute to our collective success. We are committed to fostering a diverse, equitable, and inclusive workplace where all individuals can bring their whole selves to work every day, regardless of race, color, religion, gender identity or expression, sexual orientation, disability, neurodiversity, or differing abilities, age, or any other protected characteristic. Our recruitment and selection processes are designed to highlight what Suntory offers as an employer while allowing candidates to share their unique skills and experiences. We understand that career trajectories vary, and if you believe your experience/background can benefit our team, we encourage you to apply. We endeavor to make our interview process as inclusive as possible and offer reasonable accommodations as needed. Together, we can cultivate a workplace where everyone can thrive and propel our mission of Growing for Good.
Financial Accountant in London employer: Suntory Beverage and Food
Suntory Beverage and Food Europe (SBFE) is an exceptional employer that fosters a dynamic and collaborative work culture, perfect for recent graduates eager to kickstart their careers in risk management. With a focus on employee growth, SBFE offers comprehensive training and development opportunities, allowing you to gain invaluable experience in a multinational FMCG environment while working alongside industry experts. Located in a vibrant European setting, the company provides a supportive atmosphere where innovation and teamwork are highly valued, making it an ideal place for those seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Financial Accountant in London
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We think you need these skills to ace Financial Accountant in London
Some tips for your application 🫡
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How to prepare for a job interview at Suntory Beverage and Food
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Suntory Beverage and Food.
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Before your interview, reach out to current or former Suntory Beverage and Food employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.