At a Glance
- Tasks: Lead inventory management and financial reporting in a dynamic e-commerce environment.
- Company: Fast-paced, market-leading consumer-facing e-commerce company.
- Benefits: Up to Β£75,000 salary, bonus, and excellent benefits.
- Why this job: Shape financial processes and make a real impact on business growth.
- Qualifications: Strong finance background with leadership skills and attention to detail.
- Other info: Opportunity to work in a flexible, fast-paced environment with career development.
The predicted salary is between 60000 - 75000 Β£ per year.
This fast-paced, highly dynamic, consumer-facing e-commerce company operates a market-leading business model. As part of its ongoing appetite to scale, it is recruiting a critical role to help shape and develop financial reporting capabilities, controls and processes.
The company owns significant amounts of Inventory which is stored and prepared at various group UK operating sites. Representing the most significant individual item in the company balance sheet, Inventory is critical to the efficient operation of the business and the management of working capital.
Leading the team responsible for inventory management, the role includes:
- Ensure that all processes, procedures and transactional accounting in relation to inventory are fit for purpose.
- Own end-to-end inventory balance sheet reconciliations and reviews; monitoring controls and reconciliations to ensure underlying processes.
- Deliver month end reporting.
- Identify areas for improvement and manage the team to execute the appropriate changes.
- Stock count: Ensure that adequate stock count instructions are in place and agreed between Finance and Operations; that stock counts proceed in line with instructions (this will require regular attendance of stock counts at operating sites); that reconciliations are performed and documented timely and to a high quality; and that any adjustments required to correct discrepancies identified during the count are reflected in the accounts.
- Ensure that the team's accounting for purchases of inventory from multiple sources and sales of inventory are robust.
- Identify situations where new operational or commercial arrangements require new or changed transactional flows, design processes to capture these, and implement with the Finance and Ops teams.
In addition to Inventory, you will have responsibility for accounting and reporting for other areas of the P&L and balance sheet:
- Period-end reporting, including management accounts and other deliverables for the Management Team and other stakeholders.
- Oversee/perform testing of the ERP system, following development work (e.g. implementation of new workflows, development of new import files and bank export files, transactions relating to new products).
- Partner with colleagues across the business to understand new products & services, ensuring that finance requirements are scoped into the development plan, and that the correct transactions are captured.
- Work closely with Customer Experience and Product teams, ensuring that operational and administrative activities which touch on finance are appropriately controlled.
The successful candidate will have a profile that includes:
- Track record of managing and developing finance team members.
- Strong and up-to-date technical accounting skills, and a background in financial control & financial reporting.
- A passion for finding solutions to enhance performance.
- Experience of managing complicated accounting processes and controls, ideally in companies with significant levels of inventory located at multiple locations.
- Desire to improve financial and operational processes, and experience of having done so.
- Well-organised with excellent attention to detail and the ability to multitask.
- Ability to take ownership of tasks and see them through to completion whilst working under pressure to meet deadlines.
- Flexible, able to work in a fast-paced environment, employing pragmatism where necessary.
- Excellent interpersonal, communication and leadership skills.
- Articulate, persuasive, confident, possessing sound intellect; a self-starter with the ability to combine professional rigour with practical business requirements.
- Experience with Microsoft Dynamics Business Central or Navision accounting systems is preferred, but not essential.
Locations
Finance Manager in Hampshire, Hook employer: Cedar Recruitment
Contact Detail:
Cedar Recruitment Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Finance Manager in Hampshire, Hook
β¨Tip Number 1
Network like a pro! Reach out to your connections in the finance world and let them know you're on the hunt for a Finance Manager role. You never know who might have the inside scoop on an opportunity thatβs not even advertised yet.
β¨Tip Number 2
Prepare for interviews by researching the company and its inventory management processes. Show us you understand their business model and how you can contribute to improving financial controls and reporting. Tailor your answers to highlight your relevant experience!
β¨Tip Number 3
Donβt just wait for job alerts! Actively apply through our website and follow up with a friendly email to express your enthusiasm. This shows initiative and keeps you on their radar.
β¨Tip Number 4
Practice your pitch! Be ready to articulate your experience in managing finance teams and improving processes. We want to hear how you've tackled challenges in the past and what solutions you've implemented.
We think you need these skills to ace Finance Manager in Hampshire, Hook
Some tips for your application π«‘
Tailor Your CV: Make sure your CV is tailored to the Finance Manager role. Highlight your experience with inventory management and financial reporting, as these are key aspects of the job. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about finance and how you can contribute to our team. Be sure to mention any specific experiences that relate to managing complicated accounting processes.
Showcase Your Problem-Solving Skills: In your application, donβt forget to highlight instances where you've improved financial processes or solved complex issues. We love candidates who can think outside the box and bring innovative solutions to the table!
Apply Through Our Website: We encourage you to apply directly through our website. Itβs the best way for us to receive your application and ensures youβre considered for the role. Plus, it shows youβre keen on joining our team!
How to prepare for a job interview at Cedar Recruitment
β¨Know Your Numbers
As a Finance Manager, youβll need to demonstrate your financial acumen. Brush up on key financial metrics and be ready to discuss how you've managed inventory and reconciliations in the past. Prepare specific examples that showcase your ability to enhance financial reporting and controls.
β¨Showcase Your Leadership Skills
This role involves leading a team, so be prepared to talk about your experience in managing and developing finance team members. Share stories that highlight your leadership style and how you've successfully guided teams through challenges, especially in fast-paced environments.
β¨Understand the Business Model
Familiarise yourself with the company's e-commerce model and how inventory management plays a crucial role in their success. Be ready to discuss how you can contribute to improving financial and operational processes, and think of innovative solutions that could benefit the company.
β¨Prepare for Scenario Questions
Expect questions that assess your problem-solving skills, especially regarding complicated accounting processes. Think of scenarios where you've had to implement new workflows or adapt to changes in transactional flows, and be ready to explain your thought process and outcomes.