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Newell Brands Finance Manager, Japan & Korea in Tokyo,

Position Title: Finance Manager, Japan & Korea

Location: Tokyo, Japan

Reports to: Director, Financial Shared Services

Job Summary:

As part of APAC GBS organisation, the candidate will be responsible for accounting for Japan and to a small extent, for Korea. In this role, the candidate will lead all aspect of 1) Monthly, quarterly and annual closing of books and reporting; 2) Internal Controls and Sox Testing; 3) Cash Flow maintenance; 4) Tax Compliance; 5) Audit and local statutory requirements; 6) General Ledger Accounting; 7) Accounts Receivable and Credit Control Management; 8) Accounts Payable; 9) Fixed Assets; 10) Supervision and development of GBS team; 11) Lead automation and standardisation projects; 12) Drive process improvements.

Job Duities:

  • Timely and accurate financial reporting in accordance with US GAAP and Corporate requirements, including month end close analysis and reporting

  • Review financial reports monthly and provide analytics on material movements

  • Prepare monthly reports as required for Business leaders to assist with timely decision-making, improve operational efficiency and profit analysis

  • Maintain and update key accounting assumptions

  • Review monthly reconciliations

  • Maintain dashboard for KPIs and reporting as required

  • Perform SOX testing semi-annually; implement remediation plans

  • Update process narratives annually

  • Work with internal auditors to strengthen internal controls environment

  • Manage key initiatives to maximize return on capital

  • Ensure timely management and submission of cash flow to assist Corporate Treasury with effective cash management

  • Work with external Tax consultants to lodge all tax returns and transfer pricing requirements on time

  • Work with the tax team to prepare deferred tax schedule

  • Work with external auditors as required to complete audit on time

  • Lodge all statutory reports and financials on time and accurately

  • Maintain clean Accounts Receivable, timely collection and cash allocation to maintain optimum DSO and minimize aged debt

  • Perform periodic review of customer credit and work with sales team to ensure appropriate credit limits

  • Maintain clean Intercompany balances

  • Ensure timely payments to suppliers in line with company policy and minimize escalations

  • Maintain high DPO and clean Intercompany balances

  • Maintain Internal Orders and Fixed Assets as per company policy and local GAAP.

  • Develop, motivate, engage and train staff members to contribute effectively. Create a world class team by inculcating positive behaviors and promoting a culture of continuous improvement

  • Supervise staff members and their work effectively

  • Identify and implement best practice financial processes and procedures

  • Lead standardization, automation, process improvement initiatives and new system roll outs to improve efficiency and productivity

  • Automate Finance processes including accruals, IC reconciliation, Tax returns and reporting

  • Maintain insurance policies, corporate credit cards, submit surveys on time

Job Requirements:

  • Minimum 5 years in general accounting with supervisory role

  • Experience with Chartered Firm or multinational corporations; experience of working in matrix environment

  • Experience with SAP

  • Good MS skills

  • Good written and spoken English, native level Japanese

  • Experience of system implementation is preferred

Newell Brands (NASDAQ: NWL) is a leading global consumer goods company with a strong portfolio of well-known brands, including Paper Mate, Sharpie, Dymo, EXPO, Parker, Elmers, Coleman, Marmot, Oster, Sunbeam, FoodSaver, Mr. Coffee, Graco, Baby Jogger, NUK, Calphalon, Rubbermaid, Contigo, First Alert, and Yankee Candle. For hundreds of millions of consumers, Newell Brands makes life better every day, where they live, learn, work and play.