Accountant

JOB DESCRIPTION

Finance Accountant

Job title: Finance Accountant
Reports to: Business Partner
Department: Cash Accounting
Direct Reports: 0 (potentially 1)
Location: Enderby

Summary of Role:

An exciting opportunity has arisen for a qualified financial accountant to join our Cash Accounting team supporting the Next online and retail businesses. Based at our Leicestershire Head Office, our Cash Accounting team responsible for delivering finance support to key stakeholders across the business for a variety of purposes including;

• Producing insightful reporting for key Business Stakeholders
• Cash flow monitoring and 3rd party management
• Supporting systems projects to deliver customer improvements
• Analysis of new payment options performance
• Supporting the onboarding of new Next Total Platform partners

About you

Next is a dynamic and fast growing business, to succeed in this role you must be happy in a fast- moving, fluid, ever-changing environment. You will need a mixture of solid financial / management accounting skills, coupled with financial analysis to maintain core financial controls, support Key

Stakeholders and business initiatives.

You are ideally someone who thinks about the impact on the Customer and wider Business, a person that above all values the need for procedure, control and auditability.

The successful candidate will become a key part of the International cash accounting team, to support the continued success and growth of the Next International business.

Key Responsibilities:

• A broad role which will encompass a wide range of financial, operational and management duties
• Ensure all Cash movements are correctly accounted for
• Maintain control over intercompany transactions
• Identification and evaluation of FX charges
• Budgeting and forecasting both P&L and Balance Sheet impacts
• Responsible for the investigation into both P&L and Balance Sheet variances
• Liaison with external auditors to ensure a smooth and efficient audit process
• Provide Ad Hoc analysis as required to support business initiatives or payment incident resolution
• Mentor and support a part qualified accountant and also our extended team in India
• Support project delivery and post implementation analysis

1. Financial Management

• Day to Day Management of International Cash inflows (Online) c. £2m per day / £700m
• p.a across c.9m transactions.
• Responsibility over the bank charges and commission p/l line c. £15m p.a.
• Reconciliation and reporting of FX charges on settlements £2m pa
• Ownership and review of 70+ balance sheet reconciliations.
• Preparation of accurate and timely P&L and balance sheet budgets / forecasts.
• Management of daily and weekly cash flow reporting.
• Responsible for the investigation into both P&L and Balance Sheet variances

2. Business Information

• Management of relationships with third party payment providers e.g. Worldpay and
• Paypal.
• Ownership of the teams’ relationship with external auditors to ensure the audit process
• is streamlined and efficient.

3. Projects

• Identify changes in existing processes to streamline and improve the controls framework
• underpinning the UK cash accounting team.
• Support with the onboarding of new legal entities.

What we are looking for

• A pro-active and hands on qualified Accountant (ACCA/CIMA or equivalent) with proven
• experience in a large company, working cross functionally with proven ability to deliver to strict deadlines.
• Experience leading and developing teams.
• The ability to work productively, efficiently and effectively, maintaining attention to detail and quality
• Excellent planning & organisation skills
• Demonstrates self motivation and an ability to work on own initiative and is confident making decisions
• Excellent written and verbal skills, coupled with the ability to comfortably present to all levels
• Strong influencing and negotiation skills.
• The willingness to learn, improve and adapt to changing business needs.
• Strong analytical and problem solving skills with the ability to think outside the box.
• Exceptional working knowledge of MS Office (esp. MS Excel) suite of products, Google Gsuite is desirable
• SQL & Microsoft SSMS is experience is desirable

ABOUT US

You know Next, but did you know we’re a FTSE-100 retail company employing over 35,000 people across the UK and Ireland. We’re the UK’s 2nd largest fashion retailer and for Kidswear we’re the market leader. At the last count we have over 500 stores, plus the Next Online and it’s now possible to buy on-line from over 70 countries around the world! So we’ve gone global!

ABOUT SOME OF OUR BENEFITS

• ​25% off a huge selection of Next, Lipsy & Victoria's Secret products
• Company performance based bonus
• Sharesave scheme
• On-site Nursery available; OFSTED outstanding in all areas
• 10% off most partner brands & up to 15% off Branded Beauty
• Early VIP access to sale stock
• Access to fantastic discounts at our Staff Shops
• Subsidised restaurant, coffee shop and juice bar
• Access a 24/7 digital GP and other free health and wellbeing services
• Free on-site parking

Our aim is to support all applicants during the application process and to provide reasonable adjustments when ​​necessary and requested. If you would like to request support with your application due to any health condition, feel free to get in touch with us by calling us on 0116 284 6858 and leave a voicemail.

For further information, and to apply, please visit our website via the “Apply” button below.