Financial Controller - Global Luxury Retailer (SME)

Financial Controller - Global Luxury Retailer (SME) Role: Financial Controller - Global Luxury Retailer (SME)Location: Central LondonThe Role: This opportunity is working for a well-established and successful Global Luxury Retailer with a brilliant brand in the sector and a very exciting strategy for the future. The business has a loyal and expanding customer base which operates through multichannel sales distribution, through its well-known flagship stores, global website, and stocked in many wholesale customer outlets globally. As a crucial member of the Finance team, reporting into the CFO you will be responsible for maintaining all necessary day-to-day financial controls, systems and processes to ensure the efficient and effective management of the Group's finances and compliance with statutory requirements. The main objective of the role is to analyse and report on financial performance, including sales and margin analysis, support in the development of reporting systems, dashboards and KPIs, and to ensure all stakeholders can fully rely upon the financial information provided. This is an exciting and challenging role that comes with a very competitive salary, benefits, and a generous bonus scheme.Roles and Responsibilities:Management of the day-to-day activities of the finance function and oversee the finance teamPreparation of the monthly consolidated management accounts, including Profit and Loss, Balance Sheet and Cashflow reports adhering to set deadlinesTo work with the finance teams in the UK and Europe and act as a mentor to provide assistance and advice where requiredPeriodically review departmental profit and loss reports with relevant managers, and provide additional analysis and information to support departmental decision makingPreparation of weekly group cashflow forecasts and assist with managing group cash requirements and foreign exchangeSupport in the preparation of annual budgets and business forecasts, including P&L, Balance Sheets and CashflowOversee the preparation of weekly and monthly sales and orders reportsTo ensure all relevant journal entries, accruals, prepayments, fixed assets, and all other balance reconciliations are processedOversee the preparation of monthly inventory reports, and oversee all stocktaking activities, including all retail stores, the factory and distribution centre, to ensure the valuations are a true reflection of the inventory in handAnalysis of inventory margins to maximise profitabilityWork with the manufacturing team to analyse all production costs, agree standard costs and update periodically to ensure that gross profit is maintainedLiaise with the product development and design team to prepare indicative costs of new product designs to ensure that they are within the agreed pricing structure to ensure adequate profitabilityPreparation of year-end Financial Accounts and liaison with AuditorsAssist the CFO in financial modelling and analysis, including budgets, forecasts and cash flowPreparation of monthly and quarterly statutory returnsImplementation of and maintenance of robust internal control systems across the organisation by identifying problems, improving practices and writing new proceduresLead the implementation of new systems to provide enhanced reporting and analysis for the business, including BI group reporting toolsRequirements:Qualified accountant (CIMA/ACCA/ACA) with three years Management Reporting experienceExperience of working in a commercial environment, ideally wholesale / retail / manufacturingStrong commercial acumen with a focus on driving excellent financial and commercial performanceProven experience of analysing and interpreting data, with the ability of summarising key points and making recommendationsAbility to manage and prioritise workload whilst maintaining a strong relationship with key stakeholdersHighly skilled in Microsoft software, with experience in using finance and reporting softwareCompany InformationWayman Finance is a specialist recruitment agency with over 20 years' experience within the Finance field. We've worked hard to establish our reputation with our clients as one of the most reliable Finance and Accounting agencies in London through our core values of honesty and customer excellence.ApplicationTo be considered for this Financial Controller position please forward a CV as soon as possible.
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