Reports to: Senior Finance Manager – Group Accounting
Key stakeholders: Retail and Supply Chain Inventory Control Teams, Merchandising team, Head of Financial Control and the Reporting team
Position Summary:
The Reporting team is tasked with the provision of timely and accurate management information to a wide-ranging audience across the business and for maintaining a robust financial control environment.
As part of a team of 15 you will have ownership of stock and margin accounting and reporting. This role is the subject matter expert on the difference between invoiced and assumed product cost.
- Ensure complete financial accounting of stock and margin journals in line with the month-end timetable.
- Prepare monthly margin reporting for inclusion in the board pack, with supporting commentary that compares margin to budget and prior year and explains significant trends.
- Prepare monthly reporting that communicates understanding of stock and margin costs to business stakeholders to support decision making.
- Enhance month end reporting and analysis to better communicate financial performance to key stakeholders. This includes designing and building reporting during the implementation of NetSuite and Workday and continuous evolution thereafter.
- Monitor and understand stock loss within the business and support the Stock Controllers within the Retail and Supply Chain teams to minimize this.
- Manage risk and opportunity through the preparation of robust margin balance sheet reconciliations. Be the expert on the difference between invoiced product cost and assumed product cost.
- Significant involvement in year-end process, preparation of deliverables for the audit and key contact for the auditors during the audit process.
- Support the preparation of statutory statistical filings in the UK and overseas.
- Support the development of a robust and ‘future-proof’ control environment by continuously identifying opportunities to improve financial systems and processes and by taking the lead on implementing these changes.
- Ongoing non-business as usual project work within the finance team as and when required.
Qualifications
- Newly qualified accountant.
- Excellent numeracy and IT skills including advanced Excel with a strong attention to detail.
- Enthusiastic, self-motivated and a desire to drive improvements in a fast-paced and entrepreneurial business..