Gross Margin Accountant

Investigo are delighted to be supporting a large Milton Keynes based Retailer with their recruitment of a Gross Margin Accountant, on a permanent basis.

The purpose of the role is to ensure a high level of financial control in the accurate accounting for all margin adjustments outside of trading margin.

The Role:

• Process and execute standard period end deliverables associated with all areas of margin adjustments accounting accurately and on time, ensuring all is in line with the organisation's accounting policies
• Responsible for accounting for all margin adjustments including sales adjustments, cash discounts, supplier funding, freight/duty etc, pricing variances and FX impacts
• Prepare periodic balance sheet reconciliations and commentary for margin balance sheets, ensuring that all variances are investigated and explained
• Support external audit preparation and any Internal Audit requirements
• Prepare the budget, forecast and latest view for all margin adjustments, and monitor associated risks and opportunities
• Consistently and regularly review and improve controls and processes around margin accounting
• Work closely with the Trading Finance team to ensure a shared understanding of the overall margin position and any issues that required commercial engagement
• Work with Operations on improving operational processes and educating Operational colleagues on their impact on margin accounting processes
• Closely work with the Technology team to mitigate/fix any systems defects/issues impacting the accounting and reporting of margin
• Support Finance Transformation activity as required
• Perform a high standard of ad hoc analysis supporting the Senior Finance Manager and Financial Controller
• Deputise for the Finance Manager - Gross Margin Accounting, as appropriate

You:

• Professional Accounting Qualification (ACA, ACCA or CIMA)
• Experience in a large company environment, preferably Retail
• Effective communicator with stakeholders, ability to work collaboratively with stakeholders & build trusted relationships
• Team player, able to work effectively within frameworks without direct supervision
• Strong commercial acumen
• Experience in financial accounting and reporting and the systems to support such processes, with a strong understanding of the importance of strong financial control
• Experience in driving process simplification and improvements and a desire for continuous improvement to be best in class
• Strong planning and prioritisation skills
• Strong presentation and communication skills (both verbal & written)
• Resilience (flexible and able to cope with time pressure, risk & ambiguity)

Our Client is offering a salary of £40,000 - £45,000 + Benefits, and genuine progression scope.