Commercial Finance Analyst, Third Party Wholesale

River Island; London; On-site; GBP 40,000 - 70,000; Full time

Job description

Commercial Finance Analyst, Third Party Wholesale

Department: Commercial
Employment Type: Permanent - Full Time
Location: Head Office, Chelsea House
Description
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.

What We Are Looking For...
This is an exciting opportunity for an ambitious individual to join the highly respected Commercial Finance team at River Island. The team supports all the core business areas, from Retail performance to Product management and Buying support. We help manage the cost base and guide all stakeholders to help achieve our financial and non-financial objectives.

This Is The Role...

• Financial Analysis:
  • Provide in-depth financial analysis of Third-Party performance, including revenue, expenses, and profitability.
  • Investigate and explain variances between actual results and budgeted/forecasted figures.
  • Collaborate with Third-Party teams to monitor, manage spend and provide actionable recommendations to manage performance.
  • Manage the period-end management accounting process, including journal postings, accruals and prepayments.
• Budgeting and Forecasting:
  • Assist in the preparation of budgets and financial forecasts for various business units.
  • Analyse historical data to ensure accuracy and support future planning.
• Commercial Reporting:
  • Prepare regular and ad-hoc financial reports for internal stakeholders and senior management.
  • Ensure all reporting is accurate, timely, and aligned with business objectives.
• Support Business Units:
  • Collaborate with the Third-Party team across sales and operations, to assist with business case modelling and ad hoc requirements.
  • Work closely with other finance teams to review timely and accurate invoice receipt and postings. Understanding the complexities of various models including Wholesale and Marketplace.
• Data Management:
  • Maintain and update financial models, databases, and reporting tools, ensuring outputs meet the needs of both financial and non-financial stakeholders.
  • Ensure data accuracy and integrity across all financial processes.

What We're Looking For...

• A qualified chartered accountant with a minimum of 2 years PQE ideally working in a Financial Planning and Analysis role or within a Commercial Finance function
• An expert modeller. Advanced Excel skills with experience of building accurate financial models from scratch
• The ability to create insightful, concise and clear presentations with visuals and supporting information for reader to understand without the need for further questions or analysis
• Be commercially curious, draw conclusions and propose recommendations
• Confident, approachable and with an attention to detail highlighting your problem-solving skills
• Ability to work under pressure and manage multiple priorities in a fast-paced environment.
• Experience of using ERP systems (e.g., Oracle) and other financial software applications

This Is For You...

• Discount - Generous 50% staff discount so you can treat yourself & a bargain staff shop, all onsite!
• RI Rewards - Reducing Islanders everyday expenses through discounts, benefits, financial advice, wellbeing solutions and more with Reward Gateway!
• Island culture - We have a free onsite gym, subsidised restaurant & café & various social events throughout the year.
• Work that stays at work - Flexible working is a given, on top of payday early finishes and Summer Fridays
• Family Hub - Every family is unique, we support Islanders with all different family setups enhanced maternity, paternity, adoption & fertility treatment
• Giver Island - Give as you earn scheme, a 'Giver Island' day each year and matched funding
• Training on the job - Support with upskilling skills through on the job training and qualifications
• Pension - A contributory private pension scheme
• Bonus - A generous bonus scheme
• Parking - Free onsite parking
• Holiday - 25 days paid holiday, exclusive of Bank Holidays. With the added option to purchase additional holiday 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 www.gov.uk
Every Islander Counts
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.