Finance Manager De Beers Group Finance United Kingdom, London Mid-Senior Level / Permanent Empl ...

De Beers Group; London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading diamond company in London seeks a Finance Manager to oversee financial processes, including reporting and compliance. The ideal candidate will have a relevant accounting qualification and experience in strategic financial management. This role involves collaboration with various stakeholders and contributes to the growth of the Polished Division. The position offers a supportive environment and growth opportunities.

Benefits

Great working environment

Fantastic pension scheme

27 days of holiday + bank holidays

Free subscription to Headspace

Employee share schemes

Flexible benefits package

Qualifications

• Qualified accountant with minimum 2-3 years PQE.
• Industry experience within a large or complex business.
• Technical accounting knowledge and statutory reporting experience.

Responsibilities

• Lead the month-end and year-end closing processes.
• Manage consolidation of financial data from all entities.
• Oversee Accounts Payable and Accounts Receivable operations.
• Act as Finance Business Partner for the Polished Division.
• Develop CCAP Group business plan and forecasts.

Skills

Analytical skills

Problem-solving

Financial modelling

Interpersonal skills

Commercial acumen

Innovative mindset

Resilience & Adaptability

Education

Relevant accounting qualification (ACA, ACCA, CIMA)

Tools

Microsoft Excel

SAP

Onestream

HFM

FDM

Job description

Overview

De Beers Group (DBG) is a 135-year-old rough diamond mining, sorting and selling organisation. Within DBG sits the De Beers Polished Diamond Division which aims to vertically integrate De Beers by managing the polishing and procurement of diamonds for De Beers Jewellers, Forevermark, and the Origin polish program. It is poised to enhance De Beers' market position by ensuring a consistent supply of high-quality polished diamonds and leveraging advanced technologies for market competitiveness. The Polished Diamond Division seeks to streamline operations to improve margins and ensure a high-quality diamond supply for De Beers brands. By utilising AI and machine learning, the division aims to validate demand and optimise inventory management. Additionally, it will enable De Beers to establish and grow contract polishing, develop new polishing facilities, and explore mergers and acquisitions for further expansion.

Job Description :

The Finance Manager plays a pivotal role in supporting the financial wellbeing and strategic direction of a fast-growth business. This position is responsible for delivering accurate and timely month-end reporting, forecasts, and budgets, while driving insightful data analysis to inform decision-making. Ensuring compliance with statutory requirements through the preparation of statutory accounts and leads the production of management accounts and audit processes. With strong interpersonal skills, the role collaborates across departments to foster financial discipline, transparency, and agility, enabling this strategically pivotal business to scale effectively and sustainably. The role will also be responsible for establishing the governance processes and documentation for the Polished Division.

Key responsibilities

• Lead the month-end and year-end closing processes for the CCAP business, ensuring accurate and timely submission to Group.
• Manage the consolidation of financial data from all CCAP entities, including international subsidiaries and joint ventures, ensuring compliance with IFRS.
• Oversee all aspects of Accounts Payable and Accounts Receivable, driving process efficiency and ensuring robust controls are maintained and improved.

Strategic Stock & Capital Management

• Lead periodic stock impairment reviews (NRV testing), partnering with commercial teams to develop robust assumptions based on market trends and brand strategy.
• Drive improvements in working capital management through rigorous analysis and management of inventory, receivables, and payables.
• Provide financial oversight for physical stock-takes and cycle counts, ensuring controls are effective and that all variances are investigated and resolved.

Finance Business Partnering

• Act as a Finance Business Partner for the Polished Division team providing timely and accurate financial reporting.
• Develop and maintain the CCAP Group business plan, budget, and forecasts, collaborating internally and externally to ensure alignment, challenge assumptions, and drive accountability.
• Create compelling financial models to evaluate new initiatives, providing clear recommendations to leadership.

Process & Systems Innovation

• Play a key role in finance transformation projects, including the implementation of new finance and stock systems/modules to enhance our capabilities.
• Proactively identify and execute opportunities to automate manual reporting and transactional tasks, freeing up capacity for value-added analysis.
• Champion the use of BI tools to deliver insightful, self-service reporting to business stakeholders, empowering data-driven decision-making across the organization.

Governance

• Develop and implement robust internal controls to safeguard the company's assets and ensure compliance with all relevant regulations, through collaboration with internal audit. Ensure an appropriate balance is achieved between internal control and business agility.

Qualifications

• Qualified accountant (minimum 2-3 years PQE) from a professional services background, ideally with industry experience within a large or complex business environment.
• Excellent analytical, problem-solving, and financial modelling skills.
• Proficiency in using data and analytics to drive operational performance and make informed decisions.
• Extensive experience with Microsoft Excel and ideally experience with SAP, Onestream, HFM and FDM.
• Experience in Group financial reporting, with a strategic mindset.
• The JobHolder has no supervisory responsibility for staff but will be required to liaise with internal and external stakeholders on a daily basis, and must therefore be able to demonstrate excellent interpersonal skills.
• The successful candidate will be able to demonstrate excellent analytical skills, and will have the motivation and drive to be an integral part of process and system improvements
• Technical accounting knowledge and experience of statutory reporting requirements.
• A relevant accounting qualification - ACA, ACCA, CIMA or equivalent.
• Commercial Acumen: The ability to think like a business owner, understand the drivers of profitability, and use financial data to inform strategic commercial decisions.
• Collaborative Influence: A talent for building trust and working collaboratively across all levels and functions. You can communicate complex financial information with clarity and impact to influence outcomes.
• Innovative Mindset: A proactive approach to challenging the status quo, relentlessly seeking opportunities for process improvement, and leveraging technology to create value and efficiency.
• Unwavering Integrity: A commitment to upholding the highest ethical standards, ensuring our financial practices reflect our "Building Forever" commitment to sustainability and responsible sourcing.
• Resilience & Adaptability: The capacity to thrive in a dynamic, fast-paced environment, navigating ambiguity with a positive, pragmatic, and solution-oriented approach.

Additional information

• A great working environment
• Fantastic pension scheme
• 27days of holiday + bank holidays with the opportunity to buy or sell 5 more days
• Mental health is a top priority for De Beers Group - we offer free subscription to Headspace and have mental health first aider
• Employee share schemes
• Flexible benefits package

Who we are

De Beers Group is a company with a rich history and a sparkling future. Since 1888 our experts have searched the world for nature's most precious gem. Our diamonds bring beauty to the world. But we think they can do so much more. We want our diamonds, and our business, to make life brilliant - for our people, our customers and the world around us. Venetia Mine is part of De Beers Group Managed Operations Business which integrates mines, operations and support functions in the De Beers Group producer countries of Canada and South Africa to shape a safe, sustainable future for De Beers Group's people, shareholders, communities and partners.

Safety

Safety first is a way of life for us. We are unconditional about the safety, health and well-being of our colleagues, at work and at home, and about that of the communities where we work. We aim to lead the industry by investing in innovation to protect people, who are at the heart of our business. Our high performing teams take accountability for their own and others' actions, work collaboratively, and always show care and respect.

Inclusion & Diversity

We are committed to promoting an inclusive and diverse workplace where we value and respect every colleague for who they are. We provide equality of opportunity to enable everyone to fulfil their potential. Referrals incentive applicable: This opportunity is open to a paid referral incentive according to the Referral Policy. Referral incentives are applicable to De Beers Group internal employees only.

Building Forever

Sustainability is at the heart of our decision-making - it is how we do business. Building Forever is key to our purpose as it represents our ambitious and holistic sustainability framework and is central to our ability to deliver long-term value to our communities and partners. This shapes how we protect our social and environmental license to operate, build a long-term legacy in our host communities and earn consumers' trust in our diamonds that they can wear with pride.

Successful candidates will be required to complete background screening which may include a criminal check and validation of qualifications