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Description
Description
Position at SUMITOMO ELECTRIC U.K. POWER CABLES LTD.
Accounting Manager
[Desired start date] June 2026
Location:
Preferred in Glasgow.
Occasional UK project travel.
Overview
SUMITOMO ELECTRIC U.K. POWER CABLES LTD. is seeking an accounting manager to oversee the company’s financial and closing-of-books operations.
The accounting manager will be responsible for leading the accounting team, ensuring accurate and timely financial reporting in compliance with both UK GAAP/IFRS, and involves managing day-to-day accounting operations, tax compliance, and providing financial analysis to support strategic decision-making.
The roll will be coordinating and managing our company’s regulatory reporting process, and be responsible for budget planning and supporting the executive management team in making the best possible business decisions for our business.
Responsibilities
Duties and Responsibilities
Financial Reporting
Oversee the month-end, quarter-end, and year-end closing process to ensure accuracy and timeliness.
Review monthly financial and management reporting
Monitor the day-to-day financial operations within the company, such as invoicing, payment, other transactions
Main books and records
Statutory Compliance
Manage local statutory accounting, tax filings (Corporate Income Tax, Consumption Tax)
Adhere to financial regulations and legislation
Team Leadership
Lead, mentor, and develop a team of accounting staff
Audit Management
Act as the primary point of contact for external auditors and tax advisors.
Monitor internal financial control
Process Improvement
Streamline accounting processes, enhance internal controls, and implement system improvements
Maintain a control environment (monthly balance sheet reconciliations, P&L reviews)
Develop risk minimising strategies
Establish and maintain financial policies and procedures for the company
Collaboration
Coordinate with regional/global FP&A, Treasury, and Legal teams regarding transfer pricing, intercompany transactions, and reporting.
Work with other departments within the company to prepare budgets and carry out other related tasks
Develop long-term business plans based on financial reports
Provide advice on future business decisions
Key Interfaces
5+ years experience in a similar role
You will be a CA/CPA qualified accountant
Experience in planning and management reporting
Sound technical and practical knowledge of accounting and regulatory reporting requirements
Advanced Excel and PowerPoint skills
Preferred Knowledge/Skills/Experience
Qualified Accountant
Professional Accounting qualification (CPA or CA)
MSDD365 FO experience
Work experience in a Japanese company
About Our Project In Port Of Nigg, Highland
Sumitomo Electric is one of the leading global manufacturers of state-of-the-art high-end electricity transmission
cables, up to and including 525kV HVDC(High Voltage Direct Current) cable.
The new factory at Nigg, with investment value announced by the Scottish Government of £350M, will make a
significant contribution towards realisation of the UK Net Zero Target by contributing to critical electricity transmission
infrastructure to connect and deliver renewable energy, including offshore wind, to UK consumers and beyond.
In addition, the factory will create more than 150 highly skilled jobs in the Scottish Highlands, with maximum
utilisation of the local supply chain for production of cables and construction of transmission cable systems.
In a significant boost for the UK green energy supply chain, Sumitomo Electric has commenced construction
of its state-of-the-art subsea transmission cable factory in the Scottish Highlands.
The factory will supply critical elements for the reinforcement of the UK electricity transmission grid and for
connecting renewable energy production facilities to the grid.
About Sumitomo Electric Group
Sumitomo Electric Industries, Ltd. is a recognized global technology leader with over 290,000 employees working
at around 400 group companies in 40 countries. Building on more than 120 years of innovation, today
Sumitomo Electric is engaged in diversified business activities that support people’s daily lives and
industries in five business segments: automotive, infocommunications, electronics, environment & energy, and
industrial materials. To learn more about Sumitomo Electric,