Finance Analyst

Finance Analyst
up to £40k depending on experience
Hybrid working
West London

I am currently recruiting for a Finance Analyst to join a Global Retail organisation based in West London. This is a fantastic role for someone with a couple of years experience in a similar role. You will be a part of the Commercial finance team and gain a lot of exposure and have the opportunity to develop. You will need to have strong excel skills and be naturally investigative and solutions focused.

Responsibilities will include:

Assist the Finance manager in the reporting, budgeting, and forecasting for UK Retail stores including accounting for store costs.
Working with the Retail and Property team to drive profitability and manage the store cost base
Highlighting to CFO and Head of Commercial Finance any risks or opportunities and identifying appropriate actions to mitigate risks.
Supporting Finance Manager with ad hoc requests including working with Property team to support on store opening/closure decisions.
Assist in accounting for Retail Property costs for month/year end actuals, by posting journals and ensuring all costs are properly accounted for
Perform monthly balance sheet reconciliations
Updating analysis for the monthly board pack providing detailed commentary on key variances.
Highlighting any risks and opportunities.

Cashflow:
Preparation of rent payments due based on store turnover or fixed contracts.
Monthly update of occupancy costs in the cash flow forecast.

Budget, Forecasting & Longer-Term Planning:
Assist the Finance Manager in the budgeting and forecasting processes for stores providing support and guidance to teams and ensuring all assumptions are appropriately challenged.
Updating and maintaining complex models on store costs including store wage model.
Compiling budget/forecast summaries and communicating outcomes to senior management
Support the Retail Finance Manager to determine assumptions for budgets and forecasts.

Candidate Specification:

Part qualified accountant or interest in pursuing accounting qualification (CIMA, ACA or ACCA)
Proactive, positive, resilient, and adaptable team player who is driven to make a difference.
Attention to detail.
Intermediate Excel skills and comfort with IT systems, with the ability to work through large amounts of data
Working well under pressure and meeting various deadlines.
Able to work in fast paced retail environment with changing conditions.
Excellent communication skills- ability to articulate detailed information in an easy-to-understand manner.
1-2 years experience in month end, forecasting and budgeting processes.
Interest in Retail/Fashion environment.