Role: Head of Reporting and FP&A Location: Bournemouth Reference: HOB1069686 Closing Date: {Expiry Date} Head of Reporting and FP&A - Hobbycraft Head Office, BH23 6HG Salary up to £75k DOE, 25 days holiday increasing every year, 25% discount in our stores, hybrid working policy and many more About the Role The Head of Reporting and FP&A is a key leadership role within the senior Finance team, reporting to the Head of Finance and working closely with the Head of Commercial Finance and the CFO. This role is responsible for leading a team of three management accountants to complete period-end close, reviewing balance sheet reconciliations prepared by the team and producing a set of monthly management accounts to report to the Board. The team is also responsible for preparing the annual budget and mid-year forecast, ensuring the wider business manages expenditure within the budgeted/forecast levels. This role will take the lead on both regular and ad hoc analysis, as required by the Head of Finance, the CFO and the Board. Key Accountabilities Coordinating the period-end process, leading to the production of the management accounts using Excel, ensuring that the team’s deadlines are met with all necessary journals posted and also ensuring that all contributions to the management accounts are compiled into an insightful MI pack for submission to the Board. Leading a team of three part-qualified management accountants and ensuring that the team’s output is accurate and timely. Various month-end responsibilities including reviewing balance sheet reconciliations prepared by the team. Partnering with senior stakeholders around the business to help them to manage expenditure in line with agreed budgets and to obtain the information needed to prepare accurate accruals for expenditure not yet invoiced. Assisting in preparing the annual budget, which involves maintaining a budget timetable, coordinating submissions from the wider team, liaising with both Finance and non-Finance stakeholders to refine forecasts, and consolidating all numbers to prepare P&L, Balance Sheet and Cash Flow budgets with supporting schedules and commentary. There is also a mid-year reforecast process and regular updates to full-year P&L projections. Liaising with the Private Equity owner to provide monthly reporting and respond to ad hoc queries. A key element of this role will be carrying out regular and ad hoc analysis. Examples could include: Analysing the cost effectiveness of outsourced services. Analysing the profitability of income channels and specific stores. Preparing a business case to justify cost-saving or revenue-driving initiatives. Appraising the projected profitability of a new store or other capex investment to drive decision-making. Performing commercial analysis to assess the results of trials (e.g. calculating the incremental benefit of a trial by measuring results pre-change vs post-change vs a control group). Essential Skills The successful candidate will have a relevant accounting qualification (CIMA/ACCA/ACA), have proven team management skills and be able to work to multiple deadlines. It is essential that the candidate has a minimum of 6 months experience of period-end close processes and preparing management accounts for submission to the Board and other stakeholders. Other essential skills include: A competent user of Microsoft Office applications, including advanced Excel skills. The role involves working with large Excel models, inter-linked workbooks, various formulae (e.g. SUMIFS, XLOOKUP) and using Excel to produce a set of management accounts and other reports in a presentation style. Strong analytical skills and a commercial mindset used to produce insightful analysis that will help drive revenue or reduce costs. Experience preparing annual budgets and forecasts Excellent organisational skills and attention to detail Strong written and verbal communication skills A proactive approach to work, taking full accountability for outputs A committed team player who can work independently whilst remaining aware of the wider objectives of the team. The ability to use initiative and to ‘think outside the box’ when performing analytical tasks It would also be desirable to have experience of a consumer-facing industry and/or operating in a multi-site business. About our Benefits 25% Discount Card for Hobbycraft Stores and Haskins Free Onsite Parking EV Charging Point 33 days holiday inclusive of Bank Holidays with an increase each holiday year Birthday Day Off Hybrid Working Flexible start and finish times Company pension contribution – up to 4% contribution Employee Assistance Programme provide by Retail Trust Cash Health Plan with Health Shield Discounted gym membership. Please email if you would like any further information. We are completely committed to supporting anyone with a disability in applying for our vacancies. If you have a disability and require support throughout our recruitment process, you can contact us at and let us know what adjustments you may need. At Hobbycraft we celebrate the joy of crafting, and we celebrate all of our colleagues and customers. As a retailer we have a diverse Colleague base from a broad range of all communities. Our colleagues are recruited for their skill, passion, love of craft and customer service, which is also reflected in our customer base. It is this skill and love of crafting which defines them. Hobbycraft, is an equal opportunity employer who takes equality, diversity, inclusion and belonging very seriously, we regularly review our policies and practices to ensure not only compliance, but also best practise from an employment perspective. Hobbycraft are proud to be an equal opportunities employer, and we are committed to equal and fair treatment for all colleagues or potential colleagues irrespective of race, sexual orientation, nationality, ethnic origins, religion or belief, disability, age, gender, marital or family status.