About this role
At Cadence, we hire and develop leaders and innovators who want to make an impact on the world of technology.
Key Responsibilities
Accounting & Financial Close
- Lead the monthly, quarterly, and annual close for the Japan entity including general ledger, AP and AR
- Prepare accurate, timely financial statements in accordance with US-GAAP and J-GAAP
- Perform balance sheet reconciliation
- Manage intercompany accounting, including recording of transactions, reconciliations, and settlements with foreign related entities
Reporting
- Review all reporting requirement to HQ including forecast of balance sheet accounts, fixed assets rollforward
Treasury
- Oversee treasury functions including cash flow forecasting, currency conversion, overseas payment and foreign exchange transactions through close working with corporate treasury team
- Manage banking relationships and bank account administration, including payments of employee expenses, vendor and payroll payment
- Review employee expense reports and review and approve vendor invoices, ensuring accuracy and compliance with company policies
Payroll
- Oversee payroll-related accounting and ensure accurate, compliant processing in coordination with HR and external service providers
- Manage external payroll service provider
- Manage accounting entries for retirement pension both in DB and DC plan through co-working with external service provider
- Oversee payment process of
Tax
- Collaboration with local tax manager for preparation of consumption tax filing package, corporate income tax filing package.
- Oversee customs clearing process and keep close communication channel with Yokohama customs office
- Co-work with local tax manager for preparation of hard closing and statutory financial statements
Compliance
- Ensure compliance with corporate and local policies, accounting standards, and applicable local statutory regulations
- Support internal audit team for SOX compliance and internal audit procedure
- Lead entire external audit procedure with team and head office
Operations & Systems
- Drive improvement of process and systems
- Manage, mentor, and develop accounting team through people management process
Requirements
Experience
- +15 years of hands-on experience in finance and accounting area
- Practical expertise across financial close and reporting, with proven management experience
- Experience working in a multinational company
- Proven people management experience, including leading and developing accounting team
Hard Skills
- Hands-on experience with US-GAAP and J-GAAP close and reporting is required
- Hands-on experience with intercompany accounting and transfer pricing
- Hands-on experience with treasury and bank management (cash management as inbound and outbound, banking relationships, and FX transactions)
- Hands-on experience with full scope of payroll operations including managing external service provider
- Hands-on experience with SAP, system implementation and migration, finance transformation, system roll out projects
- Strong analytical skills and understanding of policy compliance, with a track record of ensuring adherence to corporate policies and regulatory requirements
Languages & Soft Skills
- Business-level proficiency in both Japanese and English is required for communication with HQ and local stakeholders
- Proven ability to communicate and collaborate effectively within a multinational organization, working across diverse functions, time zones, and both local and HQ stakeholders
- A collaborative team player with excellent communication skills