Group Finance Manager (12 months FTC)

Job Reference : 002473
Closing Date : 21/11/2018
Salary : Competitive
Department : Finance
Hours Per week : 36.17 hours per week

Our finance division here at N Brown are on the lookout for a Group Finance Manager to join us on a 12-15 month fixed term contract. This is an exciting opportunity for a technically proficient and commercially minded accountant to join the team to maintain the integrity of statutory reporting requirements whilst still delivering commercial insight to the reconciliation and maintenance of our net asset base.

Reporting to the Head of Group Finance, you will be a key business partner providing an overview of the consolidated income statement. You will liaise with all divisions to provide the Board with a high level of commercial insight across all income and expenditure headings.

You should have a proven track record of building, leading and developing a finance team whilst managing change successfully within a wider finance function. This is a great opportunity for a newly qualified Accountant, seeking a new career challenge in a very fast paced, retail environment with a real opportunity to drive strategic and operational decision making.

We are looking for a Finance professional who has excellent interpersonal relationships with the ability to influence and manage complex stakeholder relationships at all levels of the organisation, who is naturally inquisitive with a desire to understand a broad range of commercial issues.

What you’ll be responsible for as Finance Manager:

  • Ensure the Group Accounts at period end, half year end and year end continue to meet the requirements of all new and existing accounting standards
  • Complete period end consolidated Group and individual subsidiary income statements, reviewing to highlight anomalies and escalate to resolve
  • Detailed income statement calculations including revenue, VAT, product margin postings with reconciliation and review of debtor, stock, payroll and all opex headings at every period, half year and year end.
  • Production of income statement, balance sheet and cashflow reporting for period end Trade Performance Review submissions to the board with associated analytical review narrative
  • Completion of work already started to ensure IFRS16 (lease accounting) compliance by FY20, with an estimate of the financial impact at FY19 yearend accompanied by supporting board papers.
  • Review the accounting for all external finance arrangements with the Group’s banks, ensuring all covenant requirements are maintained and oversee the weekly / monthly reporting requirements in close partnership with the financial services team
  • Oversee the calculation of actual, budget and forecasted derivative financial instrument assets & liabilities, reviewing both balance sheet and income statement disclosures including fx derivative contracts; defined benefit pension scheme; share based payments
  • Oversee the preparation and agreement with auditors of all subsidiary annual statutory financial statements with onward submission to Companies House
  • Provide detailed support to Investor Relations team to ensure reporting used in quarterly trading statements and half yearly interim and prelim reporting is consistent with audited annual report and Group accounts
  • Lead and manage other divisional commercial finance business partners through the half yearly audit processes and associated statutory reporting, leading the production of the Annual Report / Preliminary Results / Interim Results back end, liaising at year end with external AR Comms Agency
  • Review and update Group working capital cashflow model every period end to reflect both actuals and commercial finance business partners latest forecasts and incorporate into daily cashflow requirements
  • Oversee exceptional cost reporting and reconciliation, liaising with financial services team to manage and reconcile the customer redress provisions and cashflow forecasts
  • Oversee regulatory reporting including FCA, ONS
  • Continue ongoing project work on Procure to Pay project with a view to simplifying the purchasing process for the whole Group

 

What you will need to succeed:

  • Formal finance qualification: CIMA/ACA/ACCA
  • Technically astute and an appreciation of applicable financial reporting standards is critical
  • Proven track record of building, leading and developing a finance team
  • Demonstrated experience in managing change successfully within the finance function
  • Experience of working in the retail sector would be preferred but not essential
  • Strong technology skills including computerised financial systems and Microsoft Office
  • Being close to the detail, data driven and analytical whilst also being able to articulate results clearly to non-finance individuals

Employees in our business may have access to our customers’ personal data therefore for a number of our roles, offers of employment are subject to a satisfactory criminal record check. Having a criminal record will not necessarily prevent an individual from obtaining a position with N Brown Group.

Our finance division here at N Brown are on the lookout for a Group Finance Manager to join us on a 12-15 month fixed term contract. This is an exciting opportunity for a technically proficient and commercially minded accountant to join the team to maintain the integrity of statutory reporting requirements whilst still delivering commercial insight to the reconciliation and maintenance of our net asset base.

Reporting to the Head of Group Finance, you will be a key business partner providing an overview of the consolidated income statement. You will liaise with all divisions to provide the Board with a high level of commercial insight across all income and expenditure headings.

You should have a proven track record of building, leading and developing a finance team whilst managing change successfully within a wider finance function. This is a great opportunity for a newly qualified Accountant, seeking a new career challenge in a very fast paced, retail environment with a real opportunity to drive strategic and operational decision making.

We are looking for a Finance professional who has excellent interpersonal relationships with the ability to influence and manage complex stakeholder relationships at all levels of the organisation, who is naturally inquisitive with a desire to understand a broad range of commercial issues.

What you’ll be responsible for as Finance Manager:

  • Ensure the Group Accounts at period end, half year end and year end continue to meet the requirements of all new and existing accounting standards
  • Complete period end consolidated Group and individual subsidiary income statements, reviewing to highlight anomalies and escalate to resolve
  • Detailed income statement calculations including revenue, VAT, product margin postings with reconciliation and review of debtor, stock, payroll and all opex headings at every period, half year and year end.
  • Production of income statement, balance sheet and cashflow reporting for period end Trade Performance Review submissions to the board with associated analytical review narrative
  • Completion of work already started to ensure IFRS16 (lease accounting) compliance by FY20, with an estimate of the financial impact at FY19 yearend accompanied by supporting board papers.
  • Review the accounting for all external finance arrangements with the Group’s banks, ensuring all covenant requirements are maintained and oversee the weekly / monthly reporting requirements in close partnership with the financial services team
  • Oversee the calculation of actual, budget and forecasted derivative financial instrument assets & liabilities, reviewing both balance sheet and income statement disclosures including fx derivative contracts; defined benefit pension scheme; share based payments
  • Oversee the preparation and agreement with auditors of all subsidiary annual statutory financial statements with onward submission to Companies House
  • Provide detailed support to Investor Relations team to ensure reporting used in quarterly trading statements and half yearly interim and prelim reporting is consistent with audited annual report and Group accounts
  • Lead and manage other divisional commercial finance business partners through the half yearly audit processes and associated statutory reporting, leading the production of the Annual Report / Preliminary Results / Interim Results back end, liaising at year end with external AR Comms Agency
  • Review and update Group working capital cashflow model every period end to reflect both actuals and commercial finance business partners latest forecasts and incorporate into daily cashflow requirements
  • Oversee exceptional cost reporting and reconciliation, liaising with financial services team to manage and reconcile the customer redress provisions and cashflow forecasts
  • Oversee regulatory reporting including FCA, ONS
  • Continue ongoing project work on Procure to Pay project with a view to simplifying the purchasing process for the whole Group

 

What you will need to succeed:

  • Formal finance qualification: CIMA/ACA/ACCA
  • Technically astute and an appreciation of applicable financial reporting standards is critical
  • Proven track record of building, leading and developing a finance team
  • Demonstrated experience in managing change successfully within the finance function
  • Experience of working in the retail sector would be preferred but not essential
  • Strong technology skills including computerised financial systems and Microsoft Office
  • Being close to the detail, data driven and analytical whilst also being able to articulate results clearly to non-finance individuals

Employees in our business may have access to our customers’ personal data therefore for a number of our roles, offers of employment are subject to a satisfactory criminal record check. Having a criminal record will not necessarily prevent an individual from obtaining a position with N Brown Group.