Finance Analyst - 3 months FTC

New Look Retailers
Newcastle, Tyne and Wear, United Kingdom, United Kingdom
Competitive salary
11 Nov 2022
10 Dec 2022

About Us

At New Look, our mission is to help people look good and feel great. When it comes to people who work for us, we want individuals to express themselves in an environment where change and new ideas are celebrated. This is because we truly believe every person who works here contributes to our future and where we go.

Job Purpose
  • To drive Business Performance through Reporting & Analysis
  • Assist Understanding of Business Performance to Relevant Parties
  • Assist Mgmt in making Business Decisions through Accurate Information
  • Ensure Financial Reporting is Accurate in Relevant Areas
  • Recoup unpaid freight charges from suppliers
Accountabilities and Responsibilities
  • Create Reports to Identify Freight Under Recovery at Purchase Order Level
  • Recoup any Air Charges that should have been paid by suppliers due to supplier slippage
  • Identify any trends by mode / origin or product group causing variances in product freight recovery
  • Ensure the uplift calculator is maintained and is accurate
  • Identify the impact of any price changes on freight and monitor costs to ensure they are in line with contractual rates
  • Development of current reports and new reports , and ad-hoc reporting as and where required
  • Ad-Hoc Analysis and investigation of financial variances, on request and on own initiative to ensure financial performance is delivered
  • Assistance in Budget Preparation / Forecast Analysis to support the Budgeting & Reforecasting Process
  • Assistance in Production of Period Mgmt Accounts to draft stage
  • Assistance in Production of Balance Sheet to draft stage
  • Monthly Reconciliation of Management Accounts to System Accounts (Lawson - UK GAAP / IFRS)
  • Implement, Develop, Communicate & Maintain SOPs
  • Implement & Develop Financial controls to ensure accurate monthly reporting
  • Understand & Forecast Impacts of Business Decisions on Financial Performance
  • Highlight, Challenge & Explain cost variances to both Financial Mgmt & Non-Financial Mgmt
  • Highlight Areas of Opportunities to Reduce Cost Base by Changing Current Business Practices
  • Any other reasonable Ad-hoc duties as and when required to assist the Finance department
Essential and Desirable Skills
  • Working towardsor has a recognised Professional Accounting Qualification
  • Highly Numerate with ability to explain Financial Information to Non-Financial Managers
  • PC Literate in MS Office Products
  • PC Literate in Financial Accounting Software
  • Good understanding of Basic Double Entry Book Keeping
  • High Level of accuracy in work / ability to check
  • Ability to reconcile and analyse large volumes of data quickly and accurately
  • Ability to summarise information and communicate key messages accordingly
Knowledge and Experience
  • Experience of working in a Finance function
  • Working towards Current Knowledge of Accounting Practices (IFRS / UK GAAP)
Minimum level of education or qualifications
  • 5 GCSE's at 'C' and above including Maths, IT & English Language / Literacy
  • AAT / CAT or equivalent
  • Working towards recognised professional accounting qualification
Measures / Key Performance Indicator's
  • Information / Reports based on factual basis
  • Information / Reports to have a high level of accuracy & produced in a timely manner
  • Ensure all items on the Team Plan are carried out
  • Understand Cost Movements throughout the year
Key Relationships

  • Liase with any relevant NL Dept Managers
  • Liase with any relevant NL Staff
  • Liase with any relevant Suppliers or Proposed Suppliers
  • Liase with any relevant Government Bodies
  • Liase with any relevant Auditors / Financial Advisors
  • 50% Staff Discount
  • Discretionary Bonus Scheme
  • Life Assurance
  • *Medical Healthcare
  • *20 days holiday
  • *Group Pension Scheme (Contribution Match)
* Dependent on job role

New Look Retailers is an equal opportunities employer

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