Trusted Partners

Finance Manager - Yokohama Company: Global Manufacturing (100 employees in Japan) Position: Finance Manager (Top finance position in Japan) Location: Yokohama, hybrid Salary: 10M JPY range About the Role: Report directly to the Regional Business Controller and Japan General Manager. Oversee the local finance function, including: - Accounting tasks - Tax reporting - Credit control - Bank structure management - External audit coordination - Proactively support the Management team in driving business control initiatives. - Collaborate with management at divisional levels and within group functions. - Lead a small team. Requirements: - Solid background in Finance/Accounting (with at least 5 years of experience). - Prior experience in business control is advantageous. - Demonstrated experience in an international setting and proficiency in group reporting. - Previous experience in people management and staff supervision is required. - Familiarity with ERP systems and ERP roll-outs is considered a plus.   Contact Us for more: info@trustedpartners.jp 

70% of Japanese Companies Plan To Increase Pay Scales Approximately 70% of Japanese companies plan to increase pay scales in fiscal year 2024, according to a recent survey conducted by the Finance Ministry. The survey, which collected responses from roughly 1,100 companies across Japan from March to this month, indicated that 70.7% of firms aim to raise their pay scales, marking an increase of 6.3 percentage points from the previous year. Small and medium-sized enterprises showed a notable rise of 8.8 points to 63.1% in planning pay-scale increases, surpassing the 3.2-point rise among larger corporations. The survey found that 59.8% of companies are considering pay-scale hikes of 3% or more, a significant jump of 23.4 points. Additionally, 36.5% of firms expect total increases in pay scales and regular pay to reach or exceed 5%, nearly double the figure from the previous year. The primary reason cited for these increases was to boost employee motivation, improve working conditions, and reduce employee turnover. This was followed by responses to inflation and efforts to attract new employees. However, 50.2% of small and medium-sized businesses reported challenges in passing on increased labor costs to their product and service pricing, often due to client misunderstandings. About 40% of firms continue to face labor shortages despite wage increases. An industry official noted that ongoing population decline and low wages contribute to these shortages, while another from the industrial machinery sector called for more flexibility in work-hour regulations. Stay tuned with Trusted Partners LLC https://lnkd.in/db6XWDRt #recruitingnews #jobopeningstokyo #trustedpartners source: https://lnkd.in/fmZsgGv

We are working on multiple finance leadership roles as below and let us know if you are interested to discuss further Company – 1: Global Consumer Healthcare Position: BU Finance Head (full P&L of the BU) Location: Tokyo (mainly in the office) Compensation: 18M JPY range Requirements: 10+ years experience in FP&A at global MNC Fluent Japanese and English Leadership skills: managing a team and dealing with executives Company – 2: Global Services Company Position: FP&A Senior Manager (managing a small team) Location: Tokyo (full remote) Compensation: 15M JPY range Requirements: 7+ years of experience in FP&A Fluent in Japanese and English Able to lead a small team hands on Company – 3: Global FMCG Position: Senior Finance Manager (business partner) Location: Tokyo (hybrid) Compensation: 15M JPY range Requrements: 10+ years of experience in both FP&A and Accounting Fluent in Japanese and English Strong leadership skills and able to manage a bigger team For all positions, you have to be based in Japan with valid work permissions. Visit for more: https://lnkd.in/dvsHwXed

Message from our CEO:

TOKYO -- Toshiba is planning to reduce its domestic workforce by 5,000, about 7% of its total in Japan, as part of an accelerated restructuring process, according to Nikkei. The job cuts will mainly target back-office roles at the headquarters, with the company seeking voluntary retirements. This reduction is part of Toshiba's strategy to streamline operations after being privatized by a consortium led by Japan Industrial Partners. The focus will be on merging overlapping divisions and emphasizing growth in infrastructure and digital technologies. Toshiba's workforce in Japan currently numbers around 67,000. This cutback would be its most significant since the 2015 accounting scandal. The company, which anticipates a financial hit of roughly 100 billion yen ($646 million) due to retirement benefits and outplacement services, was delisted from the Tokyo Stock Exchange last December following a buyout. Toshiba is now consolidating four business units—energy, infrastructure, devices, and information technology—back into the headquarters to reduce redundancies. Discussions with labor unions will start in May to finalize job reductions, which could be fewer than initially planned. The company is also facing an operating loss and is considering selling unprofitable divisions to boost profitability. Toshiba aims for a 10% operating profit margin as quickly as possible, as part of its medium- to long-term growth strategies. Additionally, Toshiba is focusing on new technologies like AI and quantum computing, with a new R&D hub opened in January to promote advanced technological applications. sourse: www.reuters.com #recruitingnews #jobopeningstokyo #trustedpartners

Accounting Manager, Japanese IT Startup Position: Accounting Manager Location: Tokyo (hybrid) Salary: 10-12M JPY About The Role Due to further business expansion and IPO preparation, we are looking for a new member for the Accounting Manager position. You will help build out our accounting system and create the flows of operations. You will also work with the CFO for IPO preparations (pre/post-IPO experience not needed). Job Description # Accounting/Tax Duties Establishes internal controls and guidelines for accounting transactions and budget preparation Monthly, Quarterly, and Annual accounting, and Consolidation accounting(Including overseas subsidiary) settlements Tax preparation (the reporting part will be taken care of by our consulting tax accountant) Preparing Legal Disclosure Documents Managing Accounts receivables/Accounts payable and other needed activities Budget Control Periodic and Annual Budget forecasts and analysis Develop, present, and oversee financial budgets on an annual and quarterly basis Evaluate budget proposals and financial requests for viability Work with all business units for budgeting and planning needs Ensure all budgets and financial processes align with company goals Prepare cost estimates and plans while providing necessary reporting, documentation, and financial assessments IPO preparation Internal control over financial reporting Participate in internal audits and support any required processes Work with an audit firm for financial compliance Job requirements At least 3 years of experience in accounting (including the settlement of finance) Experience in preparing asset securities reports, semi-annual reports, and financial results Bookkeeping Level 2+ certification Business-level English and Japanese needed Nice to have Team and Department management experience CPA or Certified Public Tax Accountant credential holder Experience in IPO preparation Benefits Competitive salary and performance based bonus plus standard social security insurance Hybrid Work Environment Flextime: Core time 11:00 to 15:00 For overseas candidates: Visa Support, Re-location assistance to help you start your life in Tokyo, including first-time airfare to Tokyo, and hotel room for two weeks while we help you search for housing. Holidays: Annual leave, Summer as well as Winter Holidays, Childcare and Family care leave Support in buying the needed items to make your work easier: applications, large monitor even a good chair (unfortunately, pajamas not included; though, we are trying to get it approved soon) Free snacks and drinks, of course! Transportation allowance OR if you live near the office, we will give you 20,000 JPY monthly towards housing subsidy We will subsidize books, language courses, conference tickets, and even paid apps. Annual Company trip (as we overcome travel restrictions) #AccountingManager  #JapaneseITStartup #HybridWork #JobinTokyo