Management Accountant

Founded in 2003 by Dong Hyun Kim, his mission was simple, to make fresh and flavoursome sushi and bento available to everyone. Almost 20 years later Wasabi have 42 successful branches across London, other UK major cities and New York. The journey continued in 2019 with the launch of Wasabi Home Bento exclusively into Sainsburys. After several years of great success there, the grocery business expanded launching into Tesco in September 2022. Wasabi has now firmly established itself as the No2 chilled ready meal brand and a driver of significant market growth.

As we prepare for our next phase of growth and innovation, we have an incredibly exciting opportunity for a Management Accountant to join our Finance Team based in Park Royal.

The Role: We are looking for an enthusiastic and motivated Management Accountant to work within our Support Office extension. As the business grows rapidly, this is an exciting and challenging time for the Finance team, and the company as a whole. This role has been designed to cover a cross-section of core finance activities and provide insight into the drivers of the business’ revenues and profits. The ideal candidate needs to be able to work to a high level of accuracy and be able to work with large amounts of data and learn finance systems quickly. This role will also require the ability to think strategically and provide detailed analysis.

Key Responsibilities:

• Support Wasabi Seiyaku's ESG initiatives by promoting responsible financial practices and tracking relevant KPIs related to sustainability and community engagement.
• Act as first point of contact regarding management account queries.
• Assist and prepare the month end management accounts for Wasabi UK to tight deadlines ensuring the highest level of accuracy.
• Preparation and posting of month end journals including stock, COGS and payroll.
• Assist in the year-end audits.
• Prepare monthly intercompany reconciliations and other month end activities.
• Prepare monthly balance sheet reconciliations and act on issues on timely basis.
• Maintain the fixed assets schedules.
• Update and maintain accruals & prepayments including reclasses and invoice collation.
• Working closely with FMSC business partners on stock control.
• Ownership of daily invoicing for one of our major grocery partners using the third party EDI True Commerce platforms, ensuring the invoices raised in ERP by the Central Production Unit (CPU) team agree to the orders raised on True Commerce with any discrepancies investigated.
• Ensure all grocery partner promotional discounts have been reviewed and approved by Grocery team before posting to ledger.
• Ensure all grocery partner debit notes and logistic invoices have been approved by CPU team before posting to ledger.
• Ownership of the invoice factoring arrangement with the bank, ensuring clean debtors ledgers are submitted regularly with disputed items resolved in a timely manner, ensuring the invoice factoring facility accounts are fully reconciled on a regular basis.
• Ensure debtors ledger is fully maintained including full allocation of invoices, cash receipts, contra invoices and debit notes.
• Raising invoices in MS Business Central for all other food and rebate customers (minor).
• Reconciliation of net sales per delivery channel portals to Business Central.
• Production of aged debt reports with credit control performed ensuring timely collection of cash from our smaller food and rebate customers.
• Liaise with Finance Business Partners, Accounts Payable, Treasury and Payroll teams to ensure month end duties are performed accurately and timely.
• Support other division and the branches (UK and the US) and to provide assistance when required.
• Undertake any other duties commensurate with this post as and when requested.

Our requirements:

• Knowledge of Business Central is advantageous.
• Microsoft Excel skills are a pre-requisite.
• Ability to analyse and spot trends within key P&L lines.
• Strong communication skills, with the ability to communicate with people from all backgrounds.
• High level of attention to detail and can-do attitude to problem solving.
• Organised with a flexible approach, ability to work under pressure and to meet tight deadlines.

A great working environment with benefits including:

• Refer A Friend Scheme
• Free Sushi or hot food (vegan options available)
• 50% discount in our Branches
• Employee Assistant Programme
• Long Service Awards
• Stream - a financial wellbeing benefit that lets you access your pay as you earn it in real time and manage savings
• Life Assurance
• Cycle To Work
• Free on-site parking
• A variety of discounts (shopping, food & drink, entertainment and health & fitness) through Perkbox
• The opportunity to develop your skills within a growing company.

Our people make us who we are.