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Commercial Finance Manager, Buying & Merchandising

River Island

London

On-site

GBP 60,000 - 80,000

Full time

6 days ago
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Job summary

River Island is seeking a Commercial Finance Manager to join their team in London. This role involves strategic financial planning, analysis, and collaboration across various business functions. The ideal candidate is a qualified chartered accountant with strong analytical skills and a proven track record in finance. Enjoy competitive benefits including a generous salary, employee discounts, and opportunities for professional growth.

Benefits

50% staff discount
Flexible working hours
Generous bonus scheme
Onsite gym
Subsidised restaurant
25 days paid holiday
Contributory pension scheme
Healthcare option
Training on the job
Free onsite parking

Qualifications

  • Minimum 3 years PQE working in a Commercial finance or Financial Planning and Analysis role.
  • Proven track record in driving business results through financial insights.
  • Experience in business partnering across various commercial finance areas.

Responsibilities

  • Lead financial modelling and budget setting for Buying and Merchandising.
  • Conduct financial analyses to inform business decisions.
  • Ensure compliance with financial regulations and prepare reports.

Skills

Financial Analysis
Strategic Planning
Advanced Excel
Commercial Acumen
Problem Solving

Education

Chartered Accountant

Tools

ERP Systems (e.g., Oracle)

Job description

Commercial Finance Manager, Buying & Merchandising
Commercial Finance Manager, Buying & Merchandising

3 weeks ago Be among the first 25 applicants

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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.

Department: Commercial

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...
  • Strategic Financial Planning:
    • Lead the development of financial models, rolling forecasts, with added responsibility for owning the budget setting process for Buying and Merchandising
    • Provide strategic recommendations to optimize revenue growth. Becoming a trusted Business Partner to help identify and manage risks and opportunities
  • Financial Analysis:
    • Conduct in-depth financial analysis on several areas including pricing, buying and cost modelling to inform business decisions to maximise profitability
    • Evaluate the financial impact of new initiatives and investments, raise the profile on decisions and help guide stakeholders to ensure they have all the options clearly available
  • Reporting and Compliance:
    • Ensure the period end process is complete for your area (Opex and Capex), the Management accounts reflect an accurate view on performance and all key drivers of performance are understood
    • Prepare clear, concise, accurate and timely financial reports for all stakeholders, but with a ‘so-what’ outcome and ‘what does this mean looking forwards’, rather than just purely this is what has happened
    • Ensure compliance with financial regulations and reporting standards
  • Cross-Functional Collaboration:
    • Business partnering support across a wide range of stakeholders. This is a vital part of the role. Be truly commercial which will include partnering with buying, merchandising, supply chain, operations, and across other commercial finance areas
    • Support the development of business strategies that align with overall organizational goals
  • Team Leadership:
    • Lead and mentor junior finance professionals to enhance their skills and performance
    • Deputise for the Senior Commercial Finance Manager when required to do so
Role Requirements...
  • A qualified chartered accountant with a minimum of 3 years PQE working in a Commercial finance or Financial Planning and Analysis role
  • Be commercially curious, draw conclusions and propose recommendations
  • Confident, approachable and with an attention to detail highlighting your problem-solving skills
  • A balanced approach to challenge at all stakeholder levels based on accurate and clear analysis with the support of other relevant insight
  • Proven track record in driving business results through financial insights and strategic planning
  • Advanced Excel skills with experience of building accurate financial models
  • 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. We also work closely with the Retail Trust to create dedicated support for all our Islanders!
  • 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
  • Healthcare - With the choice to opt in for healthcare through our provider AXA
  • 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!
We mentioned the discount, right?

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.

Seniority level
  • Seniority level
    Mid-Senior level
Employment type
  • Employment type
    Full-time
Job function
  • Job function
    Finance and Sales
  • Industries
    Hospitals and Health Care, Non-profit Organizations, and Government Administration

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