About The Role
Finance Manager
Hereford, England, United Kingdom
Type: Permanent
Working Pattern : Onsite/hybrid (3days on site)
Who Are we?
MandM is one of the biggest employers in Herefordshire and one of Europe’s leading online, off-price retailers, selling branded Fashion, Sport & Outdoor products for Men, Women and Children.
We offer our customers fantastic value by partnering with companies who we have built long term relationships with, enabling us to offer our customers big household names and up-and-coming brands, giving fantastic value all year round.
We are located in the heart of Hereford City Centre in our brand new, state of the art office. The modern, stylish workspace was designed to encourage collaborative working, teamwork and creativity - everything that MandM is all about.
As our business continues to grow we are recruiting for a talented Finance Manager to join our growing team.Why not come be a part of our journey to success and take advantage of all MandM can offer you!
More than a role
✨ Competitive Salary: Your talent deserves recognition
🏆 Company bonus: We succeed, you benefit
🚀 Career Growth: Opportunity to grow
🎁 Staff Discounts: Stay stylish with our exclusive discounts.
🏦 Company Pension: Secure your financial future.
🏖️ Generous Holiday Allowance: Enjoy 5 weeks of well-deserved breaks. You even have the option to buy an extra week
🎁 Birthday Delight: Take your special day off to celebrate YOU
🚗 Free Parking
💊 Health & Wellbeing programme; we’ll look after you
The Role Scope
As a key member of the finance team, this role supports the Head of Commercial Finance and the Finance Director and takes ownership of key areas of the P&L including Marketing Trading and Digital spend, Postage and Packaging Income and supporting the Buying and Merchandising team with analysing profitability and forecasting. The role will support and drive business decision making, business partnering with senior stakeholders across the business.
✨Role key responsibilities:
Commercial Finance
1. Be the finance lead for the Customer and Digital team providing support and challenge to the Customer Director and direct reports, helping to optimise c£40m of digital spend.
2. Develop knowledge of key business metrics especially on the Customer side and work closely with Customer team to assess performance, opportunities and risks
3. Work with the Customer, Finance and Operations teams to optimise Postage & Packaging (P&P) income, assessing the impact of decisions on Customers and effectiveness of different P&P mechanics.
4. Support the Head of Commercial Finance in assessing market profitability ensuring it is reported fairly and that market economics are fully understood.
5. Support capex and opex requests including new contracts / contract renewals through investment appraisal including costs / benefits
Business Planning
6. Ownership and preparation of budgets and forecasts working with key stakeholders and Directors across Customer, Finance, Buying and Merchandising.
7. Support update and refinement of MandM’s 5 year plan.
8. Work with Buying & Merchandising around stock investment planning.
Data, Systems & Tools
9. Utilise all available data tools and datasets to enhance efficiency and decision-making.
10. Work closely with the Data team to realise data opportunities and understand granular detail, benefitting both Finance and the wider business.
11. Support definition and development of the finance systems roadmap
Management Accounting
12. Ownership of key P&L lines and accountable for parts of the balance sheet having clear understanding of variances, risks and opportunities.
13. Support preparation, content and distribution of Management Accounts
About You
About You
✨Skill/competency
14. Qualified CIMA/ACCA or equivalent with 3+ years PQE.
15. Commercial Finance background is a must
16. Strong team leader who has developed individuals and managed performance.
17. Able to work on own initiative.
18. Excellent communication skills with experience of communicating at all levels
19. Experience with budgeting, forecasting, modelling, planning
20. Good knowledge of accounting standards
21. High level of numeracy
22. Excellent attention to detail
23. Have strong finance systems experience including analytical tools