Finance Analyst Property and Investment

Superdrug Stores Plc; City Of London; Hybrid; GBP 35,000 - 45,000; Full time

Job summary

A retail company in the UK seeks a Property Finance Analyst to manage financial aspects for 800 stores. This role involves understanding Property costs, preparing reports, and supporting budgeting processes. Candidates should be part qualified CIMA/ACCA with strong Excel skills. Benefits include hybrid working, generous holiday, and product discounts.

Benefits

33 days holiday rising to 38

30% discount on Superdrug Own Brand Products

Company pension matching

Wagestream app access

Qualifications

• At least part qualified CIMA/ACCA.
• Working knowledge of Oracle desirable.
• Experience of working within a Retail environment preferable.

Responsibilities

• Develop a thorough understanding of all costs controlled by the Property Function.
• Own the posting of certain Property Costs ensuring robust controls.
• Prepare flash reports prior to month end and participate in month end meetings.

Skills

Advanced knowledge of Excel

Strong communication skills

Time management skills

Ability to develop strong working relationships

Education

Part qualified CIMA/ACCA

Tools

Oracle

Job description

We have a brilliant opportunity to join our Property & Investments Finance team as a Property Finance Analyst. The Property & Investments Finance team forms part of a larger Commercial Finance team consisting of Commercial & Marketing, Healthcare Finance, Online & Distribution, Procurement and Retail Finance.

The team is made up of 7 Finance Analysts and Management Accountants providing financial analysis and support to the Property Director and the Property Leadership team. The team own the Property running costs from a Finance perspective and act as valued business partners, ensuring that the analysis provided supports decision making.

The team produce Store Investment proposals including New Stores, Lease Renewals and Store Refits, working closely with the Property Function in securing approval for these proposals from the UK Investment Committee and subsequent approval from our Group Finance function based in Hong Kong.

Job Purpose

This is a key role within the Property and Investments Finance team that has the responsibility for the financial management of the Property Costs of Superdrug, c.800 Stores and working with the Senior Property Finance Analyst in improving the processes in these areas. You will also be involved with the management of the Rent costs for our sister company Savers, c.500 stores.

You will act as the Finance Business Partner for members of the Property Function, helping them with queries, forecasting and budgeting and providing them with information that enables them to deliver their company targets and business profitability.

Responsibilities

• Develop a thorough understanding of all costs controlled by the Property Function, including, but not limited to Rent, Rates and Service Charges.
• Own the posting of certain Property Costs ensuring that there are robust controls in place, all costs are accurately accounted for and Balance Sheet reconciliations are completed with a high degree of insight.
• Prepare flash reports prior to month end and participate in month end meetings to provide insight into variances where appropriate.
• Support a selection of Property Cost Centres at month end.
• Responsible for updating Oracle Property Manager on a monthly basis for all changes in leases and assisting the Senior Finance Analyst with other tasks required for IFRS16 Reporting.

Requirements

• At least part qualified CIMA/ACCA.
• Advanced knowledge of Excel essential.
• Working knowledge of Oracle desirable.
• Knowledge of Management Accounts essential.
• Experience of working within a Retail environment preferable.
• Strong communication and time management skills.
• Ability to develop strong working relationships both across the business and with external stakeholders, including working with non-finance customers.

Benefits

• 33 days holiday rising to 38 days with length of service (inclusive of bank holidays).
• 2 staff discount codes for yourself and a family member or friend.
• 30% discount on Superdrug Own Brand Products both in store and online.
• Hybrid working patterns available depending on role responsibilities with 2 days working from home and 3 days in our stylish, modern and collaborative office close to East Croydon Station.
• Company pension matching and bonus.
• We offer Wagestream - a money management app that gives you access to a percentage of your pay as you earn it.

Come and be part of something special. Hours: 37.5 | 9.00am - 5.30pm - Hybrid working available depending on role responsibilities with 2 days working from home and 3 days in our stylish, modern and collaborative office close to East Croydon Station.