JKS Restaurants
Financial Reporting Manager
Job Location
Hyde Park, United Kingdom
Job Description
JKS Restaurants are seeking a Financial Reporting Manager to join their Finance team.
As we expand our domestic and international presence, we are seeking a Financial Reporting Manager to ensure accuracy, compliance, and efficiency across our finance operations. This role combines hands-on financial control with strategic insights, helping to guide the business through continued growth.
The Group
JKS Restaurants was founded by siblings Jyotin, Karam, and Sunaina Sethi in November 2008. Since its inception, the group has received critical acclaim and industry recognition, including 7 Michelin stars, 4 Michelin Bib Gourmands, a restaurant ranked among the World’s 100 Best Restaurants, and a spot in the Sunday Times Best 100 Places to Work 2024.
The JKS portfolio currently features Michelin-starred restaurants such as Trishna, Gymkhana, Kitchen Table, Sabor, and Lyle’s, along with cult favourites Hoppers, BAO, Brigadiers, Berenjak, Plaza Khao Gaeng, Speedboat Bar, Bibi, and Ambassadors Clubhouse. Pubs include The Cadogan Arms, The George and The Hound.
JKS Restaurants offers a unique opportunity to pursue a career in fine dining or to develop within trend-focused casual cuisine, with opportunities across all disciplines for those looking to advance their careers within a people-focused, collaborative hospitality group.
The Role
We are looking for a technically proficient and commercially minded Financial Reporting Manager to oversee financial reporting and accounting for our restaurant portfolio. The role ensures IFRS compliance, audit management, timely monthly consolidated accounts, and process improvements.
Key Responsibilities:
Financial Reporting & Compliance:
Ensure full compliance with IFRS, company policies, and regulatory requirements.
Manage month-end and year-end closing processes, including year-end group audits.
Deliver monthly consolidated financial reports (P&L, balance sheets, cash flows) for all group entities and subsidiaries.
Ensure consistent, accurate recording of financial transactions across the group.
Prepare financial statements and statutory accounts, ensuring timely filings with Companies House and HMRC.
Work with external tax advisors to prepare all tax workings and filings.
Oversee balance sheet reconciliations, manage capital allowances, and ensure accurate tax computations.
Own and manage loan schedules, ensuring proper tracking and reporting.
Internal Controls & Compliance:
Develop and implement internal control frameworks to ensure financial integrity and compliance with accounting standards.
Conduct regular risk assessments to identify and mitigate financial risks, implementing control measures to prevent fraud and errors.
Continuously review and update accounting policies to align with best practices and the evolving needs of the business.
Audit and Assurance Oversight:
Implement and lead internal audits to test the effectiveness of internal controls, identifying areas for improvement and aligning them with external audit
expectations.
Act as the primary liaison with external auditors, managing audit processes, resolving technical accounting issues, and ensuring timely delivery of audit materials.
Sage Intacct Ownership:
Take full ownership of Sage Intacct, ensuring the system supports robust financial controls and accurate, timely reporting.
Lead system improvements for better reporting accuracy, automation, and efficiency.
Process Improvement & Risk Management:
Enhance finance processes and internal controls to improve efficiency and ensure accuracy.
Provide insights and recommendations for operational efficiency and profitability.
Research and advise on financial and regulatory implications of international expansion.
Develop and implement risk management strategies to mitigate financial risks.
Tax Compliance & Planning:
Work with external tax advisors to oversee transfer pricing, VAT, and other tax implications across different jurisdictions.
Lead tax planning initiatives, especially related to international expansion, ensuring compliance and tax efficiency.
Ad Hoc Projects:
Support strategic finance projects and take on additional responsibilities as needed.
Qualifications:
ACCA, CIMA, or equivalent qualification.
5+ years of experience in financial reporting, IFRS, tax compliance, and audit management.
Extensive experience managing month-end and year-end closing processes, preparing statutory and consolidated accounts, and handling balance sheet reconciliations.
Strong expertise in Sage Intacct or similar financial systems, including optimisation and automation.
Exceptional analytical and problem-solving skills, with attention to detail.
Excellent communication and stakeholder engagement skills.
Experience in hospitality or F&B is a plus.
Advanced Excel and ERP system proficiency.
Benefits & Culture
Our team is the most important part of our business, translating our passion for genuine hospitality to our guests every day. We are proud to work with industry-leading talent and recognise the importance of offering our teams the tools, guidance and experience necessary to build confidence and grow.
We encourage you to bring your whole self to work and celebrate the skills and characteristics that make you unique. Your commitment to be kind and work hard comes with a range of benefits such as:
Treat Yourself
Up to 50% off dining across JKS Restaurants
Retail & Takeaway Discounts
Code App Membership
Look After Yourself
Discounted Gym Membership
Wagestream – stream your pay earlier
Company Donations for your involvement with Charities
Employee Assistance Program
Access to Financial Advice
Wedding Gift & New-born Care Package - Celebrating your big occasions
Progress Yourself
Access to our fantastic L&D Calendar
A personalised learning & development plan to develop your skills and knowledge
Career progression with a fast-growing, critically acclaimed restaurant group.
Be Yourself
Additional holiday for every year with us (rising to 33 days)
Employee referral scheme - paying up to £600 per referral
Staff parties & long service awards
Location: Hyde Park, GB
Posted Date: 11/27/2024
As we expand our domestic and international presence, we are seeking a Financial Reporting Manager to ensure accuracy, compliance, and efficiency across our finance operations. This role combines hands-on financial control with strategic insights, helping to guide the business through continued growth.
The Group
JKS Restaurants was founded by siblings Jyotin, Karam, and Sunaina Sethi in November 2008. Since its inception, the group has received critical acclaim and industry recognition, including 7 Michelin stars, 4 Michelin Bib Gourmands, a restaurant ranked among the World’s 100 Best Restaurants, and a spot in the Sunday Times Best 100 Places to Work 2024.
The JKS portfolio currently features Michelin-starred restaurants such as Trishna, Gymkhana, Kitchen Table, Sabor, and Lyle’s, along with cult favourites Hoppers, BAO, Brigadiers, Berenjak, Plaza Khao Gaeng, Speedboat Bar, Bibi, and Ambassadors Clubhouse. Pubs include The Cadogan Arms, The George and The Hound.
JKS Restaurants offers a unique opportunity to pursue a career in fine dining or to develop within trend-focused casual cuisine, with opportunities across all disciplines for those looking to advance their careers within a people-focused, collaborative hospitality group.
The Role
We are looking for a technically proficient and commercially minded Financial Reporting Manager to oversee financial reporting and accounting for our restaurant portfolio. The role ensures IFRS compliance, audit management, timely monthly consolidated accounts, and process improvements.
Key Responsibilities:
Financial Reporting & Compliance:
Ensure full compliance with IFRS, company policies, and regulatory requirements.
Manage month-end and year-end closing processes, including year-end group audits.
Deliver monthly consolidated financial reports (P&L, balance sheets, cash flows) for all group entities and subsidiaries.
Ensure consistent, accurate recording of financial transactions across the group.
Prepare financial statements and statutory accounts, ensuring timely filings with Companies House and HMRC.
Work with external tax advisors to prepare all tax workings and filings.
Oversee balance sheet reconciliations, manage capital allowances, and ensure accurate tax computations.
Own and manage loan schedules, ensuring proper tracking and reporting.
Internal Controls & Compliance:
Develop and implement internal control frameworks to ensure financial integrity and compliance with accounting standards.
Conduct regular risk assessments to identify and mitigate financial risks, implementing control measures to prevent fraud and errors.
Continuously review and update accounting policies to align with best practices and the evolving needs of the business.
Audit and Assurance Oversight:
Implement and lead internal audits to test the effectiveness of internal controls, identifying areas for improvement and aligning them with external audit
expectations.
Act as the primary liaison with external auditors, managing audit processes, resolving technical accounting issues, and ensuring timely delivery of audit materials.
Sage Intacct Ownership:
Take full ownership of Sage Intacct, ensuring the system supports robust financial controls and accurate, timely reporting.
Lead system improvements for better reporting accuracy, automation, and efficiency.
Process Improvement & Risk Management:
Enhance finance processes and internal controls to improve efficiency and ensure accuracy.
Provide insights and recommendations for operational efficiency and profitability.
Research and advise on financial and regulatory implications of international expansion.
Develop and implement risk management strategies to mitigate financial risks.
Tax Compliance & Planning:
Work with external tax advisors to oversee transfer pricing, VAT, and other tax implications across different jurisdictions.
Lead tax planning initiatives, especially related to international expansion, ensuring compliance and tax efficiency.
Ad Hoc Projects:
Support strategic finance projects and take on additional responsibilities as needed.
Qualifications:
ACCA, CIMA, or equivalent qualification.
5+ years of experience in financial reporting, IFRS, tax compliance, and audit management.
Extensive experience managing month-end and year-end closing processes, preparing statutory and consolidated accounts, and handling balance sheet reconciliations.
Strong expertise in Sage Intacct or similar financial systems, including optimisation and automation.
Exceptional analytical and problem-solving skills, with attention to detail.
Excellent communication and stakeholder engagement skills.
Experience in hospitality or F&B is a plus.
Advanced Excel and ERP system proficiency.
Benefits & Culture
Our team is the most important part of our business, translating our passion for genuine hospitality to our guests every day. We are proud to work with industry-leading talent and recognise the importance of offering our teams the tools, guidance and experience necessary to build confidence and grow.
We encourage you to bring your whole self to work and celebrate the skills and characteristics that make you unique. Your commitment to be kind and work hard comes with a range of benefits such as:
Treat Yourself
Up to 50% off dining across JKS Restaurants
Retail & Takeaway Discounts
Code App Membership
Look After Yourself
Discounted Gym Membership
Wagestream – stream your pay earlier
Company Donations for your involvement with Charities
Employee Assistance Program
Access to Financial Advice
Wedding Gift & New-born Care Package - Celebrating your big occasions
Progress Yourself
Access to our fantastic L&D Calendar
A personalised learning & development plan to develop your skills and knowledge
Career progression with a fast-growing, critically acclaimed restaurant group.
Be Yourself
Additional holiday for every year with us (rising to 33 days)
Employee referral scheme - paying up to £600 per referral
Staff parties & long service awards
Location: Hyde Park, GB
Posted Date: 11/27/2024
Contact Information
| Contact | Human Resources JKS Restaurants |
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