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Finance Manager

Job Title: Finance Manager
Contract Type: Permanent
Location: East London, London
Industry:
Salary: £50000 - £65000 per annum
REF: JTFM4002`_1572281287
Contact Name: Jackie Turner
Contact Email: jackie@consultancygroup.com
Job Published: about 1 month ago

Job Description

A very exciting opportunity to be part of a fast-paced, entrepeneurial Retail company which has impressive profit growth results for 2019! The next 5 year plan will offer you huge exposures and projects to be part of Senior Management and reporting directly into the founders. This role will offer you the chance to make a real and significant impact in development and change with growth to the business.

Key Accountabilities and Responsibilities:

  • Ownership of the Finance function, including ownership of the General Ledger, Accounts Payable function and Treasury function
  • Ensure the smooth running of finance team and management of one team member
  • Maintaining a robust control environment, financial controls to be continuously reviewed and improved across all areas of finance
  • Support the founders and directors in all financial aspects of the business
  • Support the operational teams with relevant analysis and KPI reporting to ensure trading is optimised across channels, including provision of relevant sales reporting
  • Preparation of management accounts reporting pack to include P&Ls, Balance Sheet, sales and cost analysis and commentary on a monthly basis
  • Stock reconciliations to ensure stock and cost of sales are accurately reported, including the management of physical stock counts and stock loss reporting and accounting entries
  • Full ownership of the trial balance ensuring journals are posted accurately and are reviewed against budgets/forecasts monthly
  • Management of budgeting & forecasting & 5 year plans, including P&L, Balance Sheet, Cash Flow and Capital Expenditure
  • Preparation of seasonal stock budgets to ensure monthly sales targets can be achieved
  • Manage currency exposure with 3rd party provider to support the Buying and Merchandising team by setting and achieving a buying exchange rate to ensure margin is protected from currency fluctuations
  • Review of monthly payroll including liaison with 3rd party payroll providers to ensure smooth running of all payroll matters
  • Cash flow management, tracking actual cash flow movements against budgeted cash flow movements and highlighting issues in a timely manner
  • Review and submission of all statutory filings including quarterly VAT return

What you will need to succeed:

  • You will need to be a fully qualified accountant (ACA/ACCA/CIMA) with experience of a fashion/lifestyle retail business.
  • Adaptable and organised as the role has a broad scope within a fast-paced environment.
  • Driven pro-active individual who is technically adept and able to provide leadership skills to the business and team.
  • Able to work autonomously and confidently use your own initiative.