CHAPTER 1
Jan 2020 — Present
Chief financial officer
Shionagiri Receivables Finance
- Sector
- Domestic business receivables finance
- Ownership
- Privately owned
- Company scale
- ¥4–5 billion annual operating income
- Employees
- 186
- Geography
- Japan
- Reporting to
- Chief executive officer
- Team
- 34 across control, treasury and funding operations
- Financial scope
- ¥92 billion financed receivables; group funding and finance expense planning
Mandate
Join funding capacity, financial reporting and transaction evidence in the board's decisions.
Outcomes
- Retained ¥1.8 billion of temporary undrawn capacity through a concentrated collection period
- Supported a ¥5.9 billion acquisition perimeter after excluding records that required further work
- Introduced reason-specific ownership of unmatched receipts
Decisions in context
I took this role with responsibility for explaining how commercial commitments translate into funding needs and reported results. The most consequential change was bringing the daily funding view into discussions that had previously centred on monthly performance. I work through three functional heads rather than personally approving every operational action. Credit underwriting and relationship management remain separate, which makes the quality of our shared evidence especially important. I present funding choices to the board and provide supporting papers to its audit and risk committee. My recommendations have included paying for unused capacity, narrowing an acquisition and retaining unresolved receipts in the exception report. None is a universal preference for caution. Each reflects the available evidence, the alternative we could execute and the cost of reversing a decision after a seller has relied on it.
Reason for the move
Promoted after serving as controller; accepted a broader remit covering treasury and funding operations.
CHAPTER 2
Apr 2013 — Dec 2019
Financial controller
Shionagiri Receivables Finance
- Sector
- Supplier receivables financing
- Ownership
- Privately owned
- Company scale
- ¥2–3 billion annual operating income at period end
- Employees
- 132 at period end
- Geography
- Japan
- Reporting to
- Chief financial officer
- Team
- 18 accountants and reporting specialists
- Financial scope
- Control reporting for approximately ¥57 billion of financed receivables at period end
Mandate
Improve the explanation of portfolio movements and reconcile accounting records with operational evidence.
Outcomes
- Separated advances, collections and adjustments in the monthly portfolio bridge
- Assigned owners to recurring manual reconciliation differences
- Introduced a documented review of finance estimates before board reporting
Decisions in context
Financial control required me to widen my view beyond whether a funding calculation could be supported that morning. I had to understand how transactions moved through the reporting period and which estimates needed explanation at close. I relied on experienced accountants for specialist reporting judgements and made my own contribution through knowledge of the underlying operations. Our monthly bridge began to show separate movements for advances, receipts, adjustments and timing differences. This helped management avoid attributing every portfolio change to commercial growth. I also asked for recurring manual entries to have an owner and a reason that another reviewer could follow. The work did not eliminate adjustments; it made their purpose visible. My scope was the control function, not the company's entire funding strategy, and I presented recommendations to the CFO before they reached the board.
Reason for the move
Promoted to CFO when the incumbent retired following a planned handover.
CHAPTER 3
Apr 2007 — Mar 2013
Funding operations manager
Shionagiri Receivables Finance
- Sector
- Independent receivables finance
- Ownership
- Privately owned
- Company scale
- ¥1–2 billion annual operating income at period end
- Employees
- 98 at period end
- Geography
- Japan
- Reporting to
- Head of treasury
- Team
- Nine funding operations colleagues
- Financial scope
- Daily availability reporting supporting a ¥34 billion financed book at period end
Mandate
Make facility calculations and exception handovers dependable across the operating team.
Outcomes
- Recorded the reasoning behind recurring funding exceptions
- Introduced second-person review of availability calculations
- Cross-trained staff on the largest seller account groups
Decisions in context
As manager, I inherited people who could resolve difficult funding questions because they remembered the history of individual seller relationships. That knowledge was valuable but fragile when a colleague was away. I asked the team to document why an exception had been accepted, which evidence supported it and when the decision needed revisiting. We paired staff on the larger account groups and used a second reviewer for the availability report. I had to avoid turning every judgement into a fixed rule: an unusual transaction often needed discussion with treasury rather than a longer checklist. My team prepared the calculations and records; facility negotiation and final draw decisions belonged to treasury. The experience taught me to describe that division accurately when discussing an outcome, particularly when several functions had contributed to a successful funding day.
Reason for the move
Moved into financial control to broaden responsibility for reporting and management information.
CHAPTER 4
Apr 2000 — Mar 2007
Funding operations analyst
Shionagiri Receivables Finance
- Sector
- Domestic supplier finance
- Ownership
- Privately owned
- Company scale
- Below ¥1 billion annual operating income at period end
- Employees
- 73 at period end
- Geography
- Japan
- Reporting to
- Funding operations manager
- Team
- Individual contributor within a six-person team
- Financial scope
- Prepared assigned facility schedules; company financed book approximately ¥18 billion at period end
Mandate
Reconcile transaction records with the evidence needed for daily funding schedules.
Outcomes
- Built a repeatable record of missing remittance information
- Helped reconcile seller schedules before facility submissions
- Prepared handover notes for recurring deduction questions
Decisions in context
This appointment introduced me to the conditions behind the funding lines that supported our business. I prepared schedules, checked references and escalated items that could not be reconciled before the daily deadline. I did not negotiate agreements or decide whether to advance money to a seller. The work demanded a different form of discipline from accounts processing because a correct ledger balance was not always sufficient evidence for the proposed funding treatment. I learnt to explain the missing fact without dismissing the commercial relationship behind it. When deductions appeared repeatedly, I kept a short history so that the next analyst would not begin the investigation again. The resulting handovers were modest improvements, but they reduced dependence on a few people remembering which customer used an unusual reference or settlement convention.
Reason for the move
Promoted to manage the team after seven years of progressively broader analyst responsibilities.
CHAPTER 5
Apr 1994 — Mar 2000
Accounts assistant, later receivables accountant
Shionagiri Receivables Finance
- Sector
- Small-business receivables finance
- Ownership
- Privately owned
- Company scale
- Below ¥500 million annual operating income at entry
- Employees
- 48 at entry
- Geography
- Japan
- Reporting to
- Accounts supervisor
- Team
- Individual contributor in an eight-person accounts function
- Financial scope
- Assigned seller reconciliations within a ¥6 billion financed book at entry
Mandate
Maintain accurate payment allocations and investigate differences in seller account records.
Outcomes
- Prepared seller statement reconciliations for supervisory review
- Tracked deductions requiring further information rather than assuming settlement
- Helped organise supporting documents for month-end checks
Decisions in context
I joined after completing my commerce degree and learnt the business through its records. My tasks included matching receipts, preparing statements and asking for information when an amount did not reconcile. The work was supervised, and the limits of my authority were clear. I could identify a difference and propose an explanation, but another colleague approved its treatment. The remittance that changed my understanding of the job involved a deduction spread across several invoices. Recording the cash did not tell us which obligation had been settled. I began keeping clearer notes on the distinction between what I had verified and what somebody expected to be true. That habit helped me become a receivables accountant and prepared me for funding operations, where incomplete evidence could affect a decision made before the end of the day.
Reason for the move
Accepted an internal move to funding operations to understand how reconciled records supported the company's financing.
What I am looking for next
I am considering a first non-executive role while remaining CFO, provided the appointment fits my current obligations and the board has a defined reason to seek my experience. I would be most useful to a specialist finance or business-services company where working-capital commitments, transaction records and funding capacity need to be understood together. I am not seeking to reproduce my executive responsibilities in another organisation. The attraction is the opportunity to examine management's assumptions alongside directors with different operating backgrounds. Before accepting, I would want to understand the ownership, funding arrangements, committee expectations and recent areas of disagreement. I would also ask how the chair supports a new director's induction and distinguishes oversight from intervention in daily work. My proposed availability is 24 days a year, subject to agreement with my employer and sufficient room for an exceptional period. I would not take a second appointment merely because a routine calendar appears to leave space. A first seat should receive the attention needed to learn its business properly.