Commercial Accountant - Retail Cost Team

Next; Leicester; On-site; GBP 45,000 - 60,000; Full time

Job summary

Next, a leading FTSE-100 retail company, is seeking a Commercial Accountant to join their Retail Cost team. This high-impact role involves overseeing lease accounting for over 1,000 properties, driving strategic financial analysis, and collaborating with senior finance leaders. Ideal candidates will be ACCA or ACA qualified, detail-oriented, and excited to shape financial processes in a thriving retail environment.

Benefits

25% off most NEXT products

Company performance-based bonus

On-site Nursery

Access to fantastic discounts at Staff Shops

Financial Wellbeing programs

Flexible gym memberships

Qualifications

• ACCA or ACA qualified.
• Confident IFRS16 expert with solid lease accounting experience.
• Excel-savvy and tech-friendly.

Responsibilities

• Manage financials for over 1,000 leases, including IFRS16 reporting.
• Drive process improvements and system control related to lease accounting.
• Prepare board-ready financial papers and support Group Finance.

Skills

Attention to detail

Problem-solving

Commercial awareness

Team collaboration

Education

ACCA or ACA Qualification

Tools

Microsoft Excel

Job description

Commercial Accountant - Retail Cost Team

Job Description

Commercial Accountant - Lease Accounting

Location: Head Office, Leicestershire

Salary: £Competitive plus bonus & benefits

Ready to take ownership of a high-impact finance role in a fast-paced, commercial environment?
We're looking for a confident, qualified accountant with a sharp eye for detail and a commercial mindset to join our Retail Cost team at NEXT. This is your chance to be the go-to expert for IFRS16 lease accounting, working with a diverse property lease portfolio and directly supporting senior finance leaders across the business.

What's the role about?
As our Commercial Accountant, you'll lead the charge on all things lease accounting - managing the financials for over 1,000 leases, owning the reporting for IFRS16, and playing a key role in forecasting, budgeting, and strategic analysis. You'll also take the reins on improving systems, processes, and reporting functionality - plus, you'll manage and mentor one direct report.

It's a varied, hands-on role offering strong exposure to senior stakeholders, collaboration across teams like Group Finance and Estates, and the chance to truly drive change.

What you'll be doing:

• Own lease accounting for over 1,000 properties, including lease commitments, renewals, provisions and IFRS16 reporting.
• Lead monthly reporting and forecasting for lease costs, partnering closely with our Estates team to stay ahead of any changes.
• Control the lease accounting system, ensuring accurate data, smooth processes, and effective supplier management.
• Support Group Finance in preparing property lease results for monthly, half-year, and year-end reporting.
• Prepare Board-ready financial papers and field IFRS16-related queries from internal and external stakeholders.
• Drive process improvement by identifying smarter ways of working and leading changes across your remit.
• Manage one FTE, supporting their growth and development as you lead by example.

We're looking for someone who is:
ACCA or ACA Qualified
A confident IFRS16 expert, with solid experience in lease accounting
A natural problem solver who thrives on detail and accuracy
Excel-savvy and tech-friendly - able to handle data, systems and reporting with ease
Organised, commercial and comfortable managing deadlines and priorities
Motivated, proactive, and ready to make a real impact

#LI-DC1

About Us

You know Next, but did you know we're a FTSE-100 retail company employing over 35,000 people across the UK and Ireland. We're the UK's 2nd largest fashion retailer and for Kidswear we're the market leader. At the last count we have over 500 stores, plus the Next Online and it's now possible to buy on-line from over 70 countries around the world! So we've gone global!

About the Team

• 25% off most NEXT, MADE*, Lipsy*, Gap* and Victoria's Secret* products (*when purchased through NEXT)
• Company performance based bonus
• Sharesave scheme
• On-site Nursery available; OFSTED outstanding in all areas
• 10% off most partner brands & up to 15% off Branded Beauty
• Early VIP access to sale stock
• Access to fantastic discounts at our Staff Shops
• Restaurants with great food at amazing prices
• Access a digital GP and other free health and wellbeing services
• Free on-site parking
• Financial Wellbeing - Save, track and enhance your financial wellbeing
• Apprenticeship - Grow and develop on the job whilst gaining a qualification
• Direct to Work - Discount online and instore, collect your items the next day for free from your place of work or local store
• Support Networks - Access to Network Groups to empower and celebrate each other
• Wellhub - Discounted flexible monthly gym memberships, with apps, PT sessions and more

Conditions apply to all benefits. These benefits are discretionary and subject to change.

We aim to support all candidates during the application process and are happy to provide workplace adjustments when necessary. Should you need support with your application due to a disability or long-term condition, feel free to get in touch with us by email [e-mail] (please include 'Workplace Adjustments' in the subject line), or call us on 0116 284 2486 and leave a voicemail.