Commercial Finance Analyst - PE Backed Retailer

Central London, UK
15 Sep 2019
25 Sep 2019
Contract Type
Full Time
Due to the expansion of a PE backed retailer in Central London, the role of Commercial Accountant has been created. This is a brand new role so an excellent opportunity to come in and make the role your own!

Summary of the Role's Main Purpose

You will be responsible for helping to drive key commercial and planning decisions quickly, across all our global routes to market. You will ensure that the business has access to the latest view of sales, margin and EBITDA, and be able to point management towards the most effective use of capital and other resources. Planning and forecasting company performance will be crucial to all of this, as well as supporting less-financially astute colleagues to improve their financial skills.

You will be responsible for ensuring that gross profit is accounted for accurately across all retail and wholesale channels, and you will work closely with the channel leads and other finance colleagues to achieve this. You will be the finance business partner for selected channel P&Ls.
  • Responsible for weekly sales and margin reporting to the business, whilst ensuring the management accounts reflect accurate sales and gross profit by channel each month.
  • Carry out in-year forecasting for key commercial channels working with business partners for inputs.
  • You will support the finance manager in the preparation of the annual Budget, combining a top down approach with a full bottom up, stakeholder engaged budgeting process.
  • Given rapid expansion of the business internationally, this can be quite dynamic, and involves co-ordination of work across the finance and business teams.
  • Accounting for gross profit at a channel level, ensuring sales and cost of sales is accurate and correctly allocated across all channels and accounts, and balance sheet accounts are reconciled
  • You will be a key part of the monthly management accounting process and will support the management accounting team as necessary to achieve a timely and accurate set of monthly accounts
  • Carry out regular financial analysis and scenario planning to support the growth of our key channels - USA wholesale, global B2C websites, UK retail and wholesale routes to market
  • Calculate the return on investment in marketing, in our online, digital and more traditional brand campaigns. Lead regular reviews to ensure investment is directed appropriately to drive growth
  • Steer the business' fledgling KPI dashboard tools from a Finance point of view - primarily designed to drive marketing returns (web & brand), trading patterns, operational KPIs.
  • Work with the channel leads to produce and challenge business cases for investment and new channel development across the world
  • Benchmark performance against external data.
  • Produce reports for board meetings
  • Provide ad hoc financial and commercial support to the CEO, Finance Director and the functional directors and heads.

  • £45-50k
  • 10% bonus
  • 60% discount across the brand
  • 25 days annual leave plus bank holidays
  • Pension scheme
  • Cycle to work/season ticket loan
  • Life assurance

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