Management Controller

  • Company: Fashion Group UK
  • Country / Region : United Kingdom
  • Business group: Fashion & Leather Goods
  • Contract type: Permanent Job
  • Function: Finance
  • Experience required: Minimum 5 years
  • Reference No.: FADIV00236
  • Date of publication: 2020.12.14

Position

To deliver the Financial reporting, controlling & planning functions of a retail brand operating in the UK.

To offer the business partnering and local support, the Maison requires to support the retail presence in the UK.

FINANCIAL REPORTING, CONTROLLING & PLANNING

  • Prepare and publish IFRS management accounts (P&L and Balance Sheet) on a monthly basis:

- Review actual OPEX and prepare journals for accruals

- Prepare Stock and Purchases reconciliations

- Challenge with accounting and adjust any issue.

- Review of the monthly package for each brand including balance sheet reports

- Report in Syrus, the group consolidating tool.

- Explain any variances between budget / current forecast and actuals to Head Office monthly

  • Prepare budgets and forecasts for the brands in accordance with their deadlines:

- Retrieve information from the HQ

- Coordinate internally with all relevant stakeholders

- Build top to bottom forecast, modelling margin, IFRS 16 entries and any other key elements of the P&L

- Build balance sheet forecast and cash flow where required.

  • Business Partnering:

- Explain variances between budget and actuals to Head Office monthly and provide business insights

- Be a business partner and develop reports including sales, discount analysis etc

- Provide financial analysis as needed (Sales, Stock, Margin, Communication and Selling Expenses)

- Analyse variances with stock controller and store manager

- Review P&L, balance sheet and cash flow, anticipate issues and manage ambiguity.

- Build strong working relationships with the Maison, Stores and local Head Office teams

OTHER TASKS

  • Provide relevant explanations and support for external audit queries
  • Ensure internal controls are in place and in accordance with Maison's requests
  • Liaise with store managers regularly and assist in any finance or operational issues or queries they may have
  • Prepare and assist in stock takes (twice a year)
  • Assist with process improvement projects
  • Approve and check payments
  • Build loan proposals based on cash flow forecasts.
  • Assist with Insurance provider requests

Profile

Education and experience:

  • > 5 years' experience in a similar role.
  • Deep understanding of financial statements and great ability to read the full picture in the market context.
  • Finance Degree, Master Finance 1 or 2, CIMA or ACCA qualification.
  • Advanced Excel, Experience with corporate ERP (JDE) and reporting systems (Syrus) is a real plus
  • Fluent English. French and/or Spanish is a plus.

 

Interpersonal skills:

  • Analytical capability, as well as ability to dig into details where required.
  • Ability to work efficiently, collaboratively and qualitatively under pressure.
  • Confident in prioritising workload to meet multiple deadlines and dealing with ad-hoc requests
  • Strong communication skills, business acumen.
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Fashion & Leather Goods

Houses with a unique heritage and young emerging brands make up this exceptional division. Each of their creations becomes an object of desire, imbued with timelessness.

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