Banking & Finance Accountant

White Stuff; City Of London; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A prominent retail company is looking for a Banking & Finance Accountant in London. This role involves managing banking processes, performing reconciliations, and ownership of P&L areas. Candidates should be proficient in Excel and possess strong analytical and organizational skills. The position offers hybrid working, a bonus opportunity, and comprehensive benefits, emphasizing a supportive work environment.

Benefits

Hybrid working

Annual bonus opportunity

Up to 25 days holiday

Paid volunteer days

50% discount on products

Subsidised BUPA Dental Insurance

Healthcare cash plan

Interest free season ticket loan

Pension contribution

Qualifications

• Experience of completing bank and other control account reconciliations.
• Comfortable preparing and posting journals and accruals.
• Ability to prioritize and meet deadlines.

Responsibilities

• Perform bank matching on a weekly basis and investigate discrepancies.
• Assist with banking administration and new store setup.
• Ownership over assigned areas of the P&L, including budgeting and forecasting.

Skills

Strong analytical skills

Excellent organisational skills

Attention to detail

Team player

Proficient in Excel

Job description

Who we are:

White Stuff was established in 1985 through a simple idea. This idea grew and now we have shops and concessions in the UK and internationally, selling women’s and men’s clothing as well as beautiful accessories and homeware. Our original prints (all designed in house), intricate details and considered design touches reflect our personality and make us subtly distinctive.

Our people are at the heart of our brand, constantly moving and driving us forward. We’re sociable, talented and like minded and we’re not hierarchical or political in how we do business. We encourage entrepreneurial ideas and accountability at all levels.

Who you are:

We are looking for a detail-oriented, self-motivated and proactive finance professional to join our Finance Team, who is comfortable working across multiple processes, with the confidence to consult effectively with internal teams and external partners. You will bring strong organisational skills, a curiosity to investigate variances and resolve issues, and the ability to adapt to a fast-paced and busy retail environment.

Primary objectives & what you’ll be doing:

Banking

• Perform bank matching on a weekly basis and investigate discrepancies.
• Post journals for banking transactions such as credit card charges, bank charges, and payments & receipts.
• Prepare the weekly cash summary and distribute it to the management team.
• Assist with banking administration, including new store set-up, monitoring shop statement postings, and managing bank users and mandates.
• Prepare bank account and control account reconciliations and post adjustments for discrepancies by the month-end deadline.
• Post month end banking journals such as credit card accruals & sales accruals.

Finance

• Perform monthly transaction level sales reconciliations.
• Reconcile gift card sales and redemptions.
• Ownership over assigned areas of the P&L – posting month-end accruals, budgeting and forecasting, and providing commentary for monthly management accounts pack.
• Assist with recognition and analysis of Fixed Assets.
• National Statistic requests.
• Other ad-hoc work & projects as required.

What you’ll need:

• Comfortable preparing and posting journals and accruals.
• Experience of completing bank and other control account reconciliations.
• Confidence managing high-volume transactional data with accuracy and consistency.
• Strong analytical skills and excellent eye for detail.
• Strong critical thinking skills to be able to investigate variances/reconciling items efficiently.
• Excellent organisational and numerical skills.
• Highly proficient in excel e.g., lookups, pivot tables, manipulating large amounts of data.
• Team player with a proactive mindset and good time management.
• Ability to prioritise and meet deadlines.

What we will offer you:

As a Banking & Finance Accountant at White Stuff you will be entitled to an array of great benefits, some of which include:

• Hybrid working
• Annual bonus opportunity
• Up to 25 days holiday per annum plus bank holidays
• Two extra (paid!) days off per year to volunteer in the local community
• 50% discount on White Stuff products
• Subsidised BUPA Dental Insurance
• Healthcare cash plan and Life Assurance
• Interest free season ticket loan
• Pension contribution

We are committed to creating an environment where we can all be proud to work and be ourselves. Part of this commitment is being an equal opportunity employer. All qualified applicants will be considered for employment without regard to race, colour, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, and age.

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