Cash Management Analyst

River Island Clothing Co., Ltd.; City Of London; On-site; GBP 30,000 - 40,000; Full time

Job summary

A renowned fashion retailer is seeking a Cash Management Analyst to join their Finance team in London. The role involves ensuring timely bank reconciliations and improvements in finance processes. Candidates should have at least a year of experience, strong attention to detail, and the ability to work under pressure. The company offers generous employee benefits, including discounts, wellness solutions, and flexible working arrangements.

Benefits

50% staff discount

Onsite gym

Generous holiday allowance

Flexible working arrangements

Support for upskilling

Qualifications

• 1+ Year experience in a similar role, preferably in a Retail environment.
• Able to work under pressure and to tight deadlines.
• High attention to detail and accuracy skills.

Responsibilities

• Ensure all daily/weekly Bank reconciliations are completed.
• Investigating discrepancies with relevant parties.
• Timely processing and allocation of receipts.

Skills

Attention to detail

Organizational skills

Ability to work under pressure

Self-starter

Teamwork

Job description

Cash Management Analyst

Department: Ops & Reporting

Employment Type: Permanent - Full Time

Location: Head Office, Chelsea House

Reporting To: Umar Mahmood

Description

We have an exciting opportunity for a Cash Management Analyst to join our Finance team! Working in a busy multi-currency Cash, Sales & Banking Department your role will be to ensure timely reconciliation of all Bank Accounts, as well as reconciling Store and Web Sales.

You will challenge, identify, and provide solutions and opportunity for finance process improvement which will drive the efficiency of the Team and the Business.

You will be responsible for:

• Ensure all daily/weekly Bank reconciliations are completed for our Omni-channel business, investigating issues as appropriate.
• Reconciling Store and Web Sales Balance Sheet Accounts, covering Cash, Card, Voucher Payments etc.
• Investigating discrepancies with relevant parties, both Internally and Externally.
• Reporting and management of all aspects of cash shrinkage.
• Timely processing and allocation of receipts.
• Monitoring and managing group Inboxes.
• Updating trackers and raising issues to relevant parties.
• Raising Invoices and Credit Notes.
• Assisting with Balance Sheet Reconciliations.
• Assisting with VAT and other adhoc finance activities
• 3rd party gift voucher reconciliation and redemption.
• Supporting wider Cash & Banking Team with daily tasks when required.

Suitable candidates should demonstrate:

• 1+ Year experience in a similar role, preferably within a Retail environment but not essential.
• Able to work under pressure and to tight deadlines.
• High attention to detail and accuracy skills.
• Self-starter, able to work on own initiative.
• Good organisational skills.
• Works well within a team.

About Us

We’re a much-loved brand with an exciting future. Our Islanders are a diverse bunch of bright, talented people who love working together – and are proud of the work they do. Progression here can take you in all kinds of directions. This is what a career at River Island is like. And this is where yours starts.

This role is based at our Head Office in West London. Check us out on a map.

What we can offer you:

• Generous 50% staff discount so you can treat yourself to the latest products, and a bargain staff shop on site.
• Reducing Islanders everyday expenses through discounts, benefits, financial advice, wellbeing solutions and more through Reward Gateway.
• A free onsite gym, subsidised restaurant & cafe to fill you needs. Various social events to socialise throughout the year.
• Every family is unique, we support Islanders with all different family setups enhanced maternity, paternity, adoption & fertility treatment. We also work closely with the Retail Trust to create dedicated support for all our Islanders!
• Flexible working is a given, on top of payday and summer early finish Fridays.
• Give as you earn scheme, a ‘Giver Island’ day each year and receive matched funding.
• Support with upskilling through on the job training and qualifications. A succession plan if you want to progress.
• 23 days paid holiday, exclusive of Bank Holidays. With the added option to purchase additional holiday twice a year for whatever the need!

Keeping You Safe

At River Island we are committed to the safeguarding of all of our employees regardless of age or job role. We will fulfil our obligation under the Prevent duty which seeks to stop extremism and extremist views from materialising in our business. We promote and encourage the belief in British Values - including democracy, the rule of law, individual liberty and mutual respect and tolerance of different faiths and beliefs. To find out more, please visit gov.uk.

Our Island is made up of a diverse community, where we all belong and feel part of something bigger. We are committed to equality of opportunity and welcome applications from individuals, regardless of age, gender, ethnicity, disability, sexual orientation, gender identity, socio-economic background, religion and/or belief. We will consider flexible working requests for all roles unless operational requirements prevent otherwise. To find out more about this interview process, check out our hiring process below.