Assistant Manager / Manager- Accounts & Finance

Universal Menswear Ltd.; United Kingdom; On-site; GBP 45,000 - 65,000; Full time

Job summary

A leading retail company in the United Kingdom is seeking a finance professional to prepare financial reports, conduct variance analysis, and lead the budgeting process. The role involves collaboration with operational teams and mentoring junior accountants. Strong analytical skills and experience in financial reporting are essential for success in this dynamic position.

Qualifications

• Experience in preparing financial reports and conducting variance analysis.
• Strong analytical skills with a focus on cost management.
• Ability to lead and mentor accounting teams.

Responsibilities

• Prepare and present timely financial reports.
• Conduct variance analysis and provide financial commentary.
• Lead budgeting processes and oversee inventory accounting.
• Act as a finance partner to operational teams.

Skills

Financial reporting

Variance analysis

Budgeting

Cost reduction

Team leadership

Job description

• Prepare and present timely and accurate monthly, quarterly, and annual management reports
• Conduct in-depth variance analysis (Actual vs. Budget vs. Forecast) and provide meaningful commentary on financial performance
• Analyze product, project, and customer profitability
• Lead the annual budgeting process in coordination with various department heads
• Prepare rolling forecasts and update them periodically based on actual performance and changing business conditions
• Analyze costs and identify areas for cost reduction and process improvement
• Oversee inventory accounting and ensure accurate valuation (FIFO, Weighted Average, etc.)
• Monitor overheads and ensure they are within budgetary limits
• Implement and monitor standard costing systems
• Provide financial analysis and support for new projects, capital expenditures, and business initiatives
• Act as a finance business partner to operational teams, providing them with financial insights to aid decision-making
• Supervise, mentor, and guide a team of junior accountants