Position Overview & Specifications
MAIN PURPOSE OF JOB
- This is an excellent opportunity to join a Global luxury retailer in a role with opportunities for development. Working alongside the commercial business finance team across the Watches & Fine Jewellery Division.
- To lead the month end close, review cost centre reports and process accruals, prepayments and ad hoc journals for Watches & Fine Jewellery Division in accordance with deadlines
- Hold review monthly meetings with key budget holders to review actuals and forecasts
- To improve data integrity to further enhance FP&A reporting
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Undertaking month end procedures for WFJ Divisions on a timely basis:
- Thorough review of cost postings to ensure correct coding of cost centre and account
- Posting of accruals and prepayments
- Reconciliation to cost trackers held by budget holders where appropriate
- Preparing monthly cost centre variance reports to be distributed to budget holders on a timely basis. Hold monthly meetings with key budget holders to review actuals and forecast
- Provide monthly P&L commentary on relevant cost lines (variance to forecast and prior year)
- Hold a monthly meeting with the senior business partner and head of finance to present risks and opportunities across cost centres
- Preparing monthly balance sheet reconciliations for the Division
- Maintain and update monthly dashboard reports containing financial and non-financial KPIs
- Weekly, monthly and ad hoc reporting covering sales, KPIs and headcount
- Manage reporting of actuals (Q2, Q3 and year end), compile submission files in line with global deadlines
- Take ownership of elements of P&L for forecast and budgeting
- Headcount reporting
- To calculate the monthly boutique commissions for Payroll
- Capex follow-up
- Support Invoices validation in the system
- Support the audit at year-end
- Support the WFJ Division with adhoc requests (pricing..)
- Part qualified, currently studying towards a finance qualification (CIMA or ACCA)
- Management accounting experience is required
- Experience working in a Fashion Retail or Luxury industry, desirable
- Able to manage multiple tasks and deadlines ensuring done to high standard
- Challenging with an inquisitive mindset with commercial acumen
- Positive and ambitious attitude with a willingness to learn
- Intermediate experience of Excel
- Able to prioritise tasks and manage deadlines with strong attention to detail