Management Accountant

• Location: London
• Description
• Management Account
• Property & Capex
• Reports to: Finance Manager
• Retail & Overheads
• Key Stakeholders: Finance Business Partner
• Retail, Property Team
• This role is focussed on delivering the accurate management accounting for our Retail business, which consists of over 400 Stores – 250 in the UK and 100 Internationally across Europe, North America and Asia Pacific, with particular focus on accurate Property Costs and IFRS16 lease accounting.

Key Responsibilities

• You will work as part of a wider accounting team to deliver accurate, timely and robust P&L and balance sheet reporting, maintaining high quality ledger integrity in line with latest accounting standards.
• You will continuously seek to improve and automate processes to drive efficiency and accuracy across the Team.
• You will also support the Finance Business Partner in understanding and analysing their P&L, as well as supporting the communication of performance to the wider business with them.
• As a Management Accountant you will take on more complex areas of the P&L and support the assistant accountants with their technical skills and development.
• Month end
• Prepare and post period end journal entries ensuring accurate recording of all costs in a timely manner – including accruals and prepayments in line with accounting standards.
• Working with Finance Business Partner to understand any additional accruals and prepayments required.
• Regular (at least weekly) review of ledger integrity to prepare for smooth month end close.
• Working closely with AP Team to ensure accurate invoice posting at store cost centre and general ledger account code detail.
• Working with the Property Team to ensure accurate reporting of the Property Costs, both opex and capex.
• Ownership of business as usual IFRS16 postings and adjustments, working with Group Team where necessary to ensure accurate postings.
• Ability to explain postings and final position to the rest of the Team.
• Complete robust balance sheet reconciliations to agreed deadlines with all reconciling items investigated and resolved promptly.
• Finance Business Partner Support Support FBP with understanding of ledger postings and, at times, with detailed and concise P&L commentary for individual / specific areas of the P&L commentary.
• Support FBP with ad hoc data requests to carry out P&L analytics, risks & opportunities management and more.
• Support FBP with some areas of routine forecasting and budgeting.
• Compliance & Controls Significant involvement in the year-end process, preparation of deliverables for the audit and key contact for the auditors during the audit process.
• Support the development of a robust control environment by continuously identifying opportunities to improve financial systems and processes and by implementing these changes.
• Systems Using Netsuite for journal postings, seeking out opportunities for automation or efficient improvement of the postings.
• Using Workday excel reporting tool to generate accurate data to support FBP with analysis of P&L.Wider Team Support with the ongoing development and coaching of assistant management accountants (typically part- qualified) in both technical expertise and skills and softer skills behaviours.
• Other
• This progressive role would suit someone studying towards an accountancy qualification and offers the opportunity for the right individual to advance into a qualified Management Accountant role in due course.
• We Would Like To Meet Someone Who Is Minimum 3 years experience working within a Finance team in a high-volume environment.
• Retail industry experience strongly preferred.
• Enthusiastic, self-motivated and a desire to drive improvements in a fast-paced and entrepreneurial business.
• Excellent numeracy and IT skills including advanced Excel with a strong attention to detail.

Benefits

Competitive salary and benefits packageHybrid working, 3 days in London based office & 2 working from homeHoliday allowance50% staff discount & 25% for family and friendsPension scheme