Commercial Financial Analyst

Commercial Financial Analyst

Luxury Retailer
up to £50,000 + great benefits + 10% Bonus
Hybrid Working (3 days pw office)
West London

Full responsibility for accounting for Retail Overheads for month/year end actuals, ensuring all costs are properly accounted for and understood including payroll and property costs.

· Monthly balance sheet reconciliations completed.

· Business partnering with Retail Director and team to support and manage costs.

· Updating analysis for the monthly board pack providing detailed commentary on key variances.

· Highlighting any risks and opportunities.

· Preparation of rent payments due based on store turnover or fixed contracts.

· Monthly update of occupancy costs in the cash flow forecast.

· Lead the budgeting and forecasting processes for stores providing support and guidance to teams and ensuring all assumptions are appropriately challenged.

· Updating and maintaining complex models on store costs including store wage model.

· Compiling budget/forecast summaries and communicating outcomes to senior management

· Support the Retail Finance Manager to determine assumptions for budgets and forecasts.

· Updating a rolling forecast to assess store profitability.

· Preparing appropriate summaries to clearly communicate updated view to senior management to aid decision making for the store portfolio.

What will you need to succeed as a Financial Analyst?

· Part qualified accountant (CIMA, ACA or ACCA)

· Proactive, positive, resilient, and adaptable team player who is driven to make a difference.

· Attention to detail.

· Strong Excel skills including modelling is key with the ability to work through large amounts of data, plus system skills.

· Working well under pressure and meeting various deadlines.

· Able to work in fast paced retail environment with changing conditions.

· Excellent communication skills- ability to articulate detailed information in an easy-to-understand manner.

· Experience in forecasting and budgeting processes.

· Experience of identifying and implementing process improvements.

· Interest in Retail/Fashion environment.

· Experience working within Fashion Retail environment, especially multi-site - highly advantageous but open to backgrounds