Commercial Finance Analyst
Page Personnel Finance are recruiting for a Commercial Finance Analyst to join our client, a leading Fashion retail brand located in London's West End.
Our client is a leading fashion/retail brand located in London's West End. Due to an acquisition of a smaller business, they are now looking for a Commercial Finance Analyst to join their accountancy division.
Located in London's West End, our client is looking for a Commercial Finance Analyst with responsibility for the following duties:
Assisting the Trading teams with all analytical requirements, responsible for weekly reporting on sales and margins.
Preparing cost analysis for senior management review.
Reporting on promotional activities performance.
Brand turnover reporting and Brand profitability.
Monthly cost of sales and margins review.
Monthly profit and loss reporting with commentary on variance to forecasts.
Updating forecast in line with merchandise and cost predictions.
Assisting in the production of annual budgets.
Provide continuous improvement of analysis through reporting enhancements and system development.
Deliver Ad Hoc reporting and analysis as required.
Financial Accounting tasks
Managing accruals and prepayments on direct overheads.
Maintaining Royalty schedules and posting relevant journals.
Preparing monthly submission to Group and providing supporting documents.
Managing the Fixed Asset register, tangible note and capex process.
Monthly reconciliation of sales and cash.
Responsible for Balance Sheet reconciliations file.
Posting and reconciling intercompany with Group companies.
Monthly VAT accounts reconciliation and quarterly VAT return preparation.
Uploading budgets and forecasts for each period into the accounting system.
Assisting in the preparation of half year/yearly accounts pack submission and company statutory accounts.
Providing information to Group Tax department.
Supporting Accounts Payable.
Directly liaise with Auditors.
The ideal candidate will:
Have worked in a Commercial Finance Analyst role previously
Will have experience working within finance in a retail/fashion/beauty company (ideally in an Analyst role)
Salary of £30,000-£35,000