As Senior Management Accountant supporting Financial Services, you will lead a team in the preparation of the monthly management accounts for the Financial Services arm of the business, produce analysis to forecast, and oversee preparation of reporting packs to deliver insightful analysis on results to senior stakeholders. You will act as business partner to the Financial Services team, ensuring that results are reported on a timely and accurate basis and trends and deviations from forecasts are fully understood. Reporting to the Group Financial Controller, this role is fundamental to delivering the financial objectives of the group to achieve our growth ambitions.
What will you do as Senior Management Accountant:
* Lead on the preparation, governance, and maintenance of the management accounts for Financial Services, ensuring accurate accounting records are produced and reported to key stakeholders in a timely manner.
* Review detailed management accounts; provide in-depth analytical review, specifically comparing performance versus prior period & budget, with narrative and explanations of trends. Resolve and communicate reasons for key variances each month to the wider Finance team, senior management, and other stakeholders.
* Oversight and review of the preparation of the financial services weekly KPI reports.
* Analyse and communicate trends in weekly KPIs to senior stakeholders, including the Director of Financial Services, Director of Credit Risk, and Director of FS Commercial Finance.
* Support on review production of FCA reporting requirements.
* Responsible for producing reporting packs for monthly Financial Services committee meetings, including presenting key results and confidently explaining trends.
* Ensure that debt sale accounting is appropriately reflected in the management accounts.
* Provide hands-on support for establishing balance sheet control across the division, including regular detailed review of balance sheets with significant focus on material balances to identify balance sheet risks.
* Creation of a strong control environment across all areas of financial services finance, ensuring that there is 'one source of the truth' and that reports utilized are accurate and consistent.
* Develop and evolve month-end reporting and analysis to better communicate financial performance to key stakeholders.
* Lead and key audit contact for the financial services audit process, including interim and year-end coordination, preparation of relevant technical papers, including IFRS 9.
* Support peers with financial accounting and the production of financial services related disclosures in the Group Annual Report and subsidiary financial statements.
* Develop stakeholder relationships across their division and wider enterprise.
* Support the development of a robust control environment by continuously identifying opportunities to improve financial systems and processes and by implementing these changes.
* Support ongoing non-business as usual project work within the finance team as and when required, including projects relating to inventory financial management.
* Maintain up-to-date and accurate policy & process documents engaging with other teams and stakeholders for process signoff.
* Manage workloads, identify future requirements, and support the Group Financial Controller with continuous improvement.
* Line manager for the Financial Services management accountant, encouraging learning and development, setting objectives, coaching, and providing constructive feedback through regular one-to-one meetings.
* Any other duties required by the business that are appropriate with the post, grade, and level of responsibility of this role, for which the holder has the necessary experience and training.
What are we looking for?
* The ideal candidate will be qualified (ACA preferred) and will have financial services experience. The candidate will demonstrate the following:
* To look to challenge current ways of working and promote best practices within the Finance team.
* Excellent communication skills and ability to collaborate and partner internally with other teams, and support key members of the finance leadership team.
* Detailed understanding of IFRS 9 and ECL calculations.
* Strong commercial acumen and attention to detail.
* Excellent Excel and analytical skills.
* SQL experience beneficial but not essential.
* Experience with Oracle Fusion products preferable but not essential.
Relevant Experience
* Qualified accountant with experience of financial services, experienced in multiple areas of financial management.
* Technically astute and an appreciation of applicable financial reporting standards is critical.
* Being close to the detail, data-driven and analytical whilst also being able to articulate results clearly to non-finance individuals.
* Strong operational delivery track record, motivated to implement/deliver on time to quality standards and build new efficient processes.
* Demonstrate ability to quickly appraise complex situations, identify key issues, and make tough, timely decisions.
* Excellent interpersonal relationships and ability to manage complex stakeholder relationships.
Required Key Characteristics
* Digitally Literate - Embraces a digital world with the capability to envision and build new business models, tools, and ways of working informed by digital.
* Integrator - Operates with the complete story in mind, understands and identifies connections, creates bridges and seamless experiences.
* Innovative Thinker - Constantly considers and investigates new ways to perform work and deliver value, with openness to creative ideas and experimentation.
* Data Obsessed - Feels passionate about, understands, and uses data to anticipate issues, identify opportunities, diagnose, test ideas, and design and improve solutions.
* Customer & Colleague Centric - Focuses on customers and their needs as the starting and end points for every initiative and solution.
* Growth Mindset - Learns from failure or setbacks and uses them to continue learning.
What's in it for you?
* Hybrid working.
* 24 days holiday (+ 8 bank holidays) with the option to buy an additional 10 days.
* Annual bonus scheme.
* Enhanced maternity and adoption leave.
* Access to Apricity, a self-funding IVF benefit at a reduced rate.
* Company pension with up to 8% N Brown contribution.
* Mental Health support both internally and externally, including access to our wellbeing champions and counselling services.
* A range of financial wellbeing support.
* Colleague discount across all N Brown brands.
* Onsite café with subsidised rates and local restaurant discounts!
* Life Assurance and Private Medical Insurance.
* Paid volunteer time - all our colleagues can take a full day paid to volunteer for a charity of their choice.
N Brown - who we are and why work for us?
At N Brown, we're committed to building a diverse workforce and creating an inclusive environment that values equality for all. Our vision is that by 'championing inclusion, we'll become the most loved and trusted fashion retailer'. Diversity, Equity, Inclusion and Belonging are, therefore, at the heart of our culture.
We're a forward-thinking digital retailer with a financial services proposition to be proud of. We're customer-obsessed, serving them through three core brands: JD Williams, Simply Be, and Jacamo. We're experienced, with over 160 years of trading under our belt. We're inclusive, as we believe in fashion without boundaries; and we're sustainable, striving to make as little impact on the planet as possible.
In May 2024 we were delighted to be named one of The Sunday Times Best Places to Work 2024. We work hard to create a happy and inclusive culture for everyone and we're so proud to have made this list - as voted for by our very own colleagues!
Ways of Working
We offer hybrid working which varies across the business depending on the role you're in. Our Head Office is located in the Northern Quarter in Manchester City Centre. So if you are travelling by train, tram or bus we're perfectly located, plus we're surrounded by cool cafes, trendy bars and the best places to eat!
Our full-time working hours are 36.17 per week over 5-days. We don't have strict working hours therefore there is some flexibility around start and finish times as long as you are meeting the needs of the business.
Our promise to you:
We're an equal opportunity employer and value diversity. We do not discriminate based on race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status.
What happens when you apply to a role at N Brown?
As soon as we receive your application, we'll send you an email to let you know. We always aim to come back to you as soon as possible with an update and we really appreciate you taking the time to apply for a role with us. Good luck! #J-18808-Ljbffr