Financial Analyst - Inventory, Margin & Reporting in London

Financial Analyst – Inventory, Margin & ReportingApply for the role at dunhill .

Responsibilities

Prepare and distribute weekly retail margin reports, including insightful commentary on key trends and variances.

Perform monthly analysis on product margin performance by season, by product category, simulation of FX and region mix impact.

Simulate margin impact for new, large wholesale accounts and for different clearance plans.

Collaborate with the Merchandising team to provide ad‐hoc margin reporting and analysis as required.

Bi‐annually analyze markdown performance versus budget and versus prior year.

Generate and maintain the monthly inventory coverage report, including regular updates to the underlying model.

Report on problematic stock, analyze monthly movements and update relevant models.

Maintain and update the high‐discounted P&L tracker, providing accurate data on related sales, margins and EBIT.

Develop and maintain a bespoke WIP forecast margin model to support accurate financial planning.

Conduct ad‐hoc simulations related to stock provisions, freight, and duty costs.

Add ad‐hoc analysis and reporting as required.

Execute the monthly costing run, updating Declar costs with MAC to align with SAP product costs.

Identify and upload any missing costs into SAP to ensure complete and accurate costing information.

Cost new articles in Declar and submit the information to Group Accounting in a timely manner.

Conduct thorough checks of new MAC values and changes, ensuring a clear understanding of the underlying calculations.

Report on significant cost increases to relevant stakeholders.

Perform monthly reconciliations of stock levels between SAP and the WMS.

Prepare and reconcile all inventory GL balance sheet accounts.

Conduct stock ageing analysis, identifying and investigating aged items in close collaboration with Logistics and Retail Operations.

Generate reports and analyze movements in 2nd/3rd choice stock in close collaboration with the Quality team.

Reconcile Sales, COGS, Margin, Capex, and Stock accounts for management reporting purposes within tight deadlines.

Reconcile OMM by nature and by entity and work with local finance teams to understand monthly costs.

Qualifications

Fully qualified accountant.

Solid understanding and knowledge of accounting principles and procedures.

Experience in inventory accounting and costing.

Previous experience of using SAP.

Strong organisational and planning skills, with the ability to manage multiple priorities effectively.

Attention to detail and a focus on accuracy in all tasks.

A collaborative team player with strong communication skills.

Inquisitive nature with a passion for continuous learning.

What Makes Our Group Different?

We value freedom, collegiality, loyalty, and solidarity.

We foster empathy, curiosity, courage, humility, and integrity.

We care for the world we live in.

Your Journey With Us

Initial screening call with Richemont Talent Team.

Interview with the Hiring Manager.

Interview with the HR Manager.

Seniority levelMid‐Senior level

Employment typeFull‐time

Job functionOther

IndustriesRetail Luxury Goods and Jewelry

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