Group Finance Manager

Mountain Warehouse; London; On-site; GBP 70,000 - 100,000; Full time

Job summary

A leading company in the retail sector is seeking a Senior Finance Manager to oversee UK and international statutory reporting, manage cash flow, and lead a team. The role will involve working closely with third-party partners for compliance, providing financial updates to stakeholders, and enhancing month-end reporting. Ideal candidates will be qualified ACA accountants with significant experience in group finance and strong analytical skills.

Qualifications

• 5+ years PQE, including 2+ years post-qualification in industry.
• Experience with multi-currency consolidations.
• Ability to work effectively in fast-paced environments.

Responsibilities

• Oversee UK and international statutory reporting.
• Manage Group cash and foreign currency risks.
• Prepare consolidated financial statements and oversee audits.

Skills

Attention to Detail

Numeracy

Advanced Excel Skills

Education

Qualified ACA Accountant

Job description

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Reports to: Senior Finance Manager - Group and Finance Operations

Position Summary

This role is a key position in the Group team, responsible for:

• UK and international statutory reporting, working closely with 3rd party accounting partners to ensure compliance with global reporting requirements.
• Providing financial updates to shareholders and our banking consortium.
• Technical accounting.
• Managing the Group’s cash, ensuring sufficient funds for current and short to medium-term needs.
• Managing foreign currency risks from multi-currency transactions.

Management and Investor Reporting

• Overseeing the consolidation process, including translation of 8 foreign operations and intra-group stock movements.
• Supervising the Group close process.
• Preparing monthly management accounts for the board and banks, analyzing P&L variances, balance sheet, and cash flow variances, and understanding the balance sheet budget methodology.
• Overseeing monthly financial submissions to investors.

Statutory Reporting and Compliance

• Managing day-to-day UK and Group external statutory audits.
• Overseeing the preparation of consolidated financial statements and UK subsidiary financial statements, including disclosures.
• Managing the preparation of financial statements in 8 international jurisdictions and reviewing subsidiary reconciliations for GAAP differences.

Accounting Policy

• Providing technical accounting advice across Finance and the business.
• Preparing and reviewing complex accounting papers, including hedge accounting, impairment, leases, and share-based payments.
• Supporting IFRS 16 implementation.
• Maintaining the Group Accounting policy manual and staying updated on standards.
• Preparing monthly FX provision balances.

Cash Flow and Treasury

• Preparing weekly cash reports and variance analysis.
• Managing short-term cash flow and funding.
• Advising on drawdowns and repayments.
• Reporting daily cash balances.
• Preparing quarterly covenant calculations and monthly lender reports.
• Managing FX currency surplus via forward contracts.

People Management

• Managing 2 direct reports and indirectly managing an Assistant Accountant.
• Ensuring team development through objectives, coaching, and feedback.

Other Responsibilities

• Implementing system and process improvements.
• Supporting business projects, including market entry, structure rationalization, ESG reporting, and investor exit preparations.
• Enhancing month-end reporting and stakeholder communication.

Qualifications

• Qualified ACA accountant with 5+ years PQE, including 2+ years post-qualification in industry within a Group team.
• Ability to work effectively in a fast-paced, deadline-driven environment.
• Proactive with attention to detail.
• Experience with multi-currency consolidations in multinational or audit practice environments.
• Strong numeracy and advanced Excel skills.