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For Companies At a Glance
- Tasks: Manage month-end accounting, prepare finance reports, and support budget preparation.
- Company: Join Next, a leading FTSE-100 retail company with over 35,000 employees.
- Benefits: Enjoy 25% off products, performance bonuses, and on-site nursery access.
- Why this job: Be part of a collaborative finance team with growth opportunities and a supportive culture.
- Qualifications: Experience in commercial finance; studying towards ACCA or CIMA preferred.
- Other info: Flexible working arrangements and workplace adjustments available.
The predicted salary is between 28800 - 43200 ÂŁ per year.
Job Description
Job Title: Commercial Finance Analyst
Location: Leicestershire (Head Office)
Competitive Salary + Benefits
Are you looking for a dynamic finance role where you can make a real impact? We have an exciting opportunity to join the Next Commercial Finance team as a Commercial Finance Analyst . Based at our head office in Leicestershire , you’ll play a key role in managing and reporting on head office cost centres across Facilities, Security, HR, Legal, and Finance.
What You’ll Be Doing:
- Managing the month-end accounting process, including accruals, prepayments, and balance sheet reconciliations.
- Allocating head office costs across key Next divisions (Retail, UK Online, Label, and International).
- Preparing detailed finance reports, variance analysis, and commentary for senior management.
- Building strong relationships with cost centre managers, attending monthly reviews, and providing insights on budget variances.
- Leading the preparation of budgets and forecasts to support cost control and efficiency.
- Driving process improvements and enhancing cost management using Power BI .
- Managing the Next company car accounts, business recharges, and leasing model.
What We’re Looking For:
- Experience in a commercial finance role, with a strong understanding of accounting principles.
- Studying towards ACCA or CIMA (or equivalent).
- Strong analytical skills , with the ability to work with Excel, SQL, and Power BI (preferred but not essential).
- A confident communicator, able to liaise effectively with both finance and non-finance stakeholders.
- A high level of accuracy, attention to detail, and ownership of tasks.
- A proactive and flexible approach to problem-solving.
Why Join Us?
At Next , we offer more than just a job – we provide opportunities for career growth, development, and the chance to be part of a collaborative and forward-thinking finance team. With great benefits and a supportive culture, this is the perfect place to build your career in commercial finance.
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 online from over 70 countries around the world! So we’ve gone global!
About some of our Benefits
- 25% off most NEXT, MADE*, Lipsy*, Gap* and Victoria’s Secret* products (*when purchased through NEXT)
- 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
- Restaurants with great food at amazing prices
- Access a digital GP and other free health and wellbeing services
- Free on-site parking
- Financial Wellbeing – Save, track and enhance your financial wellbeing
- Apprenticeship – Grow and develop on the job whilst gaining a qualification
- Direct to Work – Discount online and instore, collect your items the next day for free from your place of work or local store
- Support Networks – Access to Network Groups to empower and celebrate each other
- Wellhub – Discounted flexible monthly gym memberships, with apps, PT sessions and more
Conditions apply to all benefits. These benefits are discretionary and subject to change.
We aim to support all candidates during the application process and are happy to provide workplace adjustments when necessary. Should you need support with your application due to a disability or long-term condition, feel free to get in touch with us by email (please include ‘Workplace Adjustments’ in the subject line), or call us on 0116 284 2486 and leave a voicemail.
Apply Before: 03/23/2025, 04:22 AM
For further information, and to apply, please visit our website via the “Apply” button below.
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Finance Analyst employer: Next Plc
Contact Detail:
Next Plc Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Analyst
✨Tip Number 1
Familiarize yourself with the key financial metrics and reports that are relevant to the role. Understanding how to analyze variance reports and budget forecasts will help you stand out during the interview.
✨Tip Number 2
Brush up on your Excel skills, especially in functions related to financial modeling and data analysis. Being able to demonstrate your proficiency in Excel can give you a significant edge.
✨Tip Number 3
Network with current or former employees of Next, particularly those in finance roles. They can provide valuable insights into the company culture and expectations, which can be beneficial for your application.
✨Tip Number 4
Prepare to discuss your experience with process improvements and cost management. Be ready to share specific examples of how you've contributed to efficiency in previous roles, as this aligns closely with what Next is looking for.
We think you need these skills to ace Finance Analyst
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the Finance Analyst position. Make sure you understand the key responsibilities and required skills, such as managing month-end accounting processes and preparing detailed finance reports.
Tailor Your CV: Customize your CV to highlight relevant experience in commercial finance roles. Emphasize your understanding of accounting principles and any experience with tools like Excel, SQL, and Power BI, even if it's not essential.
Craft a Strong Cover Letter: Write a compelling cover letter that showcases your analytical skills and proactive approach to problem-solving. Mention specific examples of how you've successfully managed budgets or improved processes in previous roles.
Highlight Communication Skills: Since the role requires liaising with both finance and non-finance stakeholders, make sure to demonstrate your communication skills in your application. Provide examples of how you've built strong relationships in past positions.
How to prepare for a job interview at Next Plc
✨Understand the Role
Make sure you have a clear understanding of the responsibilities of a Commercial Finance Analyst. Familiarize yourself with key tasks like managing month-end accounting processes and preparing finance reports, as these will likely come up during your interview.
✨Showcase Your Analytical Skills
Be prepared to discuss your experience with analytical tools such as Excel, SQL, and Power BI. Highlight specific examples where you've used these skills to drive process improvements or enhance cost management.
✨Communicate Effectively
As a confident communicator, you’ll need to liaise with both finance and non-finance stakeholders. Practice articulating complex financial concepts in simple terms, as this will demonstrate your ability to build strong relationships with cost centre managers.
✨Demonstrate Attention to Detail
Given the high level of accuracy required in this role, be ready to provide examples of how you've ensured precision in your work. Discuss any experiences where your attention to detail made a significant impact on a project or report.
