At a Glance
- Tasks: Lead stock accounting and provide financial insights to support ASOS's growth.
- Company: Join ASOS, a global fashion retailer that celebrates individuality and creativity.
- Benefits: Enjoy employee discounts, private medical care, and 25 days of annual leave.
- Other info: Experience a dynamic workplace with opportunities for personal and professional growth.
- Why this job: Make an impact in finance while working in a vibrant, inclusive environment.
- Qualifications: Qualified accountant with strong IFRS knowledge and collaborative skills.
The predicted salary is between 50000 - 60000 € per year.
Company Description
We're ASOS, the online retailer for fashion lovers all around the world. We exist to give our customers the confidence to be whoever they want to be, and that goes for our people too. At ASOS, you're free to be your true self without judgement, and channel your creativity into a platform used by millions. We're Disability Confident Committed - let our Talent team know if you need any reasonable adjustments throughout the recruitment process.
Job Description
Our finance function operates at the heart of ASOS. Say goodbye to preconceptions of bean-counters and hello to a multi-functional, business facing department. Our finance team controls the cash within the business and also provides support to the business to help it make decisions to lead us to being a global online fashion destination.
The Details
- Develop and maintain a detailed understanding of Group stock operations, including activities across retail, warehousing and accounts payable.
- Lead the accounting for stock‑related financial entries, incorporating input from Commercial Finance, with the ability to analyse detailed transactional data and translate this into clear, summary level reporting for key stakeholders.
- Apply appropriate financial accounting treatment for stock cost components, including weighted average cost (WAC) and stock capitalisation.
- Account for stock provisions in collaboration with Commercial Finance, ensuring judgement is applied consistently and in line with Group policy.
- Account for stock GRNI balances in collaboration with Accounts Payable, ensuring completeness and accuracy.
- Apply IFRS accounting standards for inventory, proactively reviewing current treatments and providing technical guidance to the business where required.
- Support testing and financial impact assessment for warehouse and operational change initiatives, including new warehouses, return centres and related system changes.
- Prepare and maintain stock balance sheet reconciliations, ensuring they are complete, accurate and provide value‑add commentary.
- Maintain a robust financial control environment across all stock‑related areas.
- Document and maintain stock‑related financial controls, processes and risks, identifying control weaknesses and recommending improvements as required.
- Support end‑to‑end stock lifecycle processes, including documentation, impact assessment and delivery of process changes, with training support where required.
- Support the delivery of interim and year‑end audit requirements, ensuring information is provided to auditors to an auditable standard and within agreed timelines.
- Communicate effectively with key stakeholders across Financial Control, Commercial Finance, Operations and Technology, delivering clear accounting insight, timely updates and well‑reasoned explanations on inventory‑related matters.
- Support the delivery of ongoing projects and change initiatives across the business that impact inventory accounting, contributing accounting input, analysis and financial impact assessment as required.
- Provide ad hoc analysis and support on Finance Manager‑led requests to deliver business insight and support the timely delivery of objectives.
- Supporting our culture by championing Diversity, Equity & Inclusion strategies.
We believe being together in person helps us move faster, connect more deeply, and achieve more as a team. That’s why our approach to working together includes spending at least 3 days a week in the office. It’s a rhythm that speeds up decision-making, helps ASOSers learn from each other more quickly, and builds the kind of culture where people can grow, create, and succeed.
Qualifications
About You
- A qualified financial accountant (ACA, ACCA or equivalent).
- Previous experience in a retail or stock‑focused environment (desirable but not essential).
- Strong working knowledge of IFRS, with the ability to apply standards effectively in practice.
- Experience preparing information for, and responding to, external and internal audit requirements in a clear and structured manner.
- Experience working collaboratively with non‑finance stakeholders across multiple business areas.
- Experience engaging with senior stakeholders, demonstrating a consistently professional and considered approach.
- Confident exercising professional judgement, particularly in areas involving estimates, assumptions and management judgement, with appropriate escalation where required.
- Ability to communicate complex accounting matters clearly to both finance and non‑finance stakeholders.
- Comfortable operating in a fast‑paced, evolving environment, able to prioritise effectively and manage competing deadlines.
- A proactive mindset, with a track record of simplifying processes and improving ways of working while operating within a strong control framework.
- Strong attention to detail, combined with the ability to step back and focus on the bigger picture.
- Strong attention to detail, with experience in data analysis using Excel and other analytical tools; SQL experience desirable but not essential.
- A collaborative team player who role‑models ASOS’ values and actively supports Diversity, Equity & Inclusion.
Additional Information
BeneFITS
- Employee discount (hello ASOS discount!)
- Employee sample sales
- 25 days paid annual leave + an extra celebration day for a special moment
- Private medical care scheme
- Fixed Annual Payment in addition to your salary each year, it's just an extra thank you from us
- Opportunity for personalised learning and in-the-moment experiences that enable you to thrive and excel in your role.
Why take our word for it? Search #InsideASOS on our socials to see what life at ASOS is like.
Senior Finance Analyst - Stock in London employer: ASOS
At ASOS, we pride ourselves on being an inclusive and dynamic workplace where creativity thrives and every individual is encouraged to be their authentic self. Our finance team plays a pivotal role in driving the business forward, offering ample opportunities for professional growth and development while enjoying a supportive culture that champions Diversity, Equity & Inclusion. With competitive benefits like employee discounts, private medical care, and a commitment to work-life balance, ASOS is an exceptional employer for those looking to make a meaningful impact in the world of fashion retail.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Finance Analyst - Stock in London
✨Tip Number 1
Network like a pro! Reach out to current ASOS employees on LinkedIn or at industry events. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by knowing your stuff! Dive deep into ASOS's stock operations and be ready to discuss how your skills align with their needs. Show them you’re not just another candidate, but the perfect fit!
✨Tip Number 3
Practice makes perfect! Get a mate to do mock interviews with you. Focus on articulating your experience with IFRS and stock accounting clearly. The more comfortable you are, the better you'll perform when it counts.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining the ASOS family. Let’s get you that job!
We think you need these skills to ace Senior Finance Analyst - Stock in London
Some tips for your application 🫡
Show Your True Self:When writing your application, let your personality shine through! We want to see the real you, so don’t be afraid to express your creativity and passion for finance. Remember, ASOS is all about being authentic!
Tailor Your Experience:Make sure to highlight your relevant experience in stock operations and financial accounting. We’re looking for someone who can apply IFRS standards effectively, so give us examples of how you've done this in the past.
Be Clear and Concise:Keep your application straightforward and to the point. Use clear language to explain your skills and experiences, especially when discussing complex accounting matters. We appreciate a well-structured application that’s easy to read!
Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at ASOS
✨Know Your Numbers
As a Senior Finance Analyst, you'll need to demonstrate your understanding of stock operations and financial accounting. Brush up on IFRS standards and be ready to discuss how you've applied them in previous roles. Prepare examples that showcase your analytical skills and how you’ve translated complex data into actionable insights.
✨Engage with Stakeholders
This role involves communicating with various stakeholders, so practice articulating complex accounting matters clearly. Think about times when you've collaborated with non-finance teams and how you ensured everyone was on the same page. Be prepared to share specific examples of how you’ve built relationships and communicated effectively.
✨Showcase Your Proactive Mindset
ASOS values a proactive approach, so come ready to discuss how you've simplified processes or improved ways of working in past positions. Highlight any initiatives you've led that resulted in better financial controls or efficiencies, and be specific about the outcomes.
✨Prepare for Technical Questions
Expect technical questions related to stock accounting and financial reporting. Review key concepts like stock provisions, GRNI balances, and balance sheet reconciliations. Practise explaining these concepts in layman's terms, as you’ll need to communicate them to both finance and non-finance stakeholders.