At a Glance
- Tasks: Manage cost accounting and sales reconciliation for Gap's UK operations.
- Company: Join a global brand that shapes culture and champions inclusivity.
- Benefits: Enjoy discounts, flexible working, personal development, and performance bonuses.
- Other info: Collaborative environment with opportunities for growth and wellbeing support.
- Why this job: Be part of a dynamic team making a real impact in finance.
- Qualifications: Experience in retail finance and strong analytical skills required.
The predicted salary is between 40000 - 50000 € per year.
In 2021, Next Plc and Gap entered into a joint venture, trading the well-loved Gap brand within the UK. Today, Gap is represented globally in more than 3352 stores in over 40 countries, and online with headquarters in New York, London, Shanghai, Tokyo and San Francisco. Our clothing celebrates modern optimistic American style, rich in heritage, crafted with care, where our essentials are iconic, and quality endures. We stand for inclusivity for all; we champion diverse ideas that transcend generations, geographies, and genders. We do more than make clothing, we shape culture.
Role Purpose
The Management Accountant for Gap is responsible for the core cost accounting and sales reconciliation processes for the entity. This role ensures financial accuracy through robust balance sheet reconciliations and effective partnering with budget owners. Working closely with the Finance Controller, you will play a key part in the month-end reporting cycle and support the integrity of the group’s financial data.
Role Responsibilities
- Sales Reconciliations - reconciling and posting monthly sales and commission
- Produce and reconcile Royalty reports
- Produce weekly trade reports & Ad hoc sales and margin analysis
- Assist with the production of monthly management accounts & P&L’s
- Produce monthly balance sheet reconciliations for all areas of responsibility to maintain high financial standards.
- Partner with budget owners to ensure all costs are captured effectively and accurately represented.
- Own the monthly payroll adjustments and forecasts
- Take ownership of group intercompany reconciliations and payments.
- Prepare and submit VAT returns in a timely manner.
- Support the year-end audit process by providing accurate data and responding to queries.
- Collaborate with senior stakeholders within the Joint Venture business and parent entities.
- Deliver ad-hoc projects as required to support the evolving needs of the brand.
Technical Requirements
- Proven background in a Retail or FMCG environment.
- Direct exposure to month-end reporting and balance sheet reconciliations.
- Highly organized with a proven ability to work within tight deadlines.
- Strong analytical skills and a keen attention to detail.
- Excellent communication skills, comfortable working with stakeholders at all levels.
- Ability to use initiative to tackle new tasks and complex projects.
What we can do for you ...
- 25% off a huge selection of Next, Next Wholly Owned Brands, GAP and Victoria's Secret products & 10% off most partner brands & up to 15% off Branded Beauty
- Hot deals and exclusive offers from over 3,500 retailers through Perks At Work
- We recognise hard work with our company performance-based bonus
- Life Assurance
- Lesson the impact with our Annual Travel Card Loan
- Never miss a package and with Direct to Desk delivery
- Bag a bargain at our sample sales
- Hybrid & flexible working across the business to support your work-life balance
- Learn, develop and grow with our personal development plans
- Enjoy more time with friends and family with Early Bank Holiday finishes
- Join in the fun with our year-round office events
Diversity & Inclusion
We recognise that our differences are what make us who we are. We want people to want to work for us and be their true selves. We are dedicated to attracting and developing a talent team, and recognise that all unique backgrounds and experiences contribute to our future success. We want to create an inclusive and inspiring environment where individuals feel valued and respected, and where people can achieve their full potential and be their very best, whoever they are. We believe that wellbeing is having the opportunity to achieve your full potential, cope with day to day pressures, be productive and thrive in all aspects of your life. We encourage a culture that promotes and enables us all to achieve positive wellbeing, by focusing on mental, physical and financial health.
Management Accountant employer: Gap UK
At Gap, we pride ourselves on being an exceptional employer, offering a vibrant work culture that champions inclusivity and diversity. Our Management Accountant role not only provides competitive benefits such as generous discounts and performance-based bonuses but also fosters personal development through tailored growth opportunities. Located within the dynamic environment of our joint venture with Next Plc, employees enjoy a flexible working arrangement that supports a healthy work-life balance while contributing to a brand that shapes culture and celebrates modern American style.
StudySmarter Expert Advice🤫
We think this is how you could land Management Accountant
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those who work at Gap or similar companies. A friendly chat can lead to insider info about job openings and even referrals.
✨Tip Number 2
Prepare for interviews by researching Gap's culture and values. Show how your skills as a Management Accountant align with their mission of inclusivity and quality. We want to see your passion shine through!
✨Tip Number 3
Practice your financial analysis skills! Be ready to discuss your experience with month-end reporting and balance sheet reconciliations. We love candidates who can demonstrate their analytical prowess.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, you’ll find all the latest roles and updates right there.
We think you need these skills to ace Management Accountant
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that are relevant to the Management Accountant role. Highlight your background in retail or FMCG, and don’t forget to mention any experience with month-end reporting and balance sheet reconciliations.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to tell us why you’re passionate about the role and how your unique experiences make you a great fit for our team. Be sure to connect your skills to the responsibilities listed in the job description.
Showcase Your Analytical Skills:Since this role requires strong analytical skills, consider including specific examples of how you've used these skills in past roles. Whether it's through sales analysis or financial reporting, we want to see how you tackle complex projects!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, you’ll find all the details you need about the role and our company culture there!
How to prepare for a job interview at Gap UK
✨Know Your Numbers
As a Management Accountant, you'll be dealing with financial data daily. Brush up on your knowledge of balance sheet reconciliations and month-end reporting. Be ready to discuss specific examples from your past experience where you ensured financial accuracy or improved processes.
✨Showcase Your Analytical Skills
This role requires strong analytical skills, so prepare to demonstrate how you've tackled complex financial problems in the past. Think of a time when your attention to detail made a significant impact on a project or report, and be ready to share that story.
✨Communicate Effectively
You'll be collaborating with various stakeholders, so practice articulating your thoughts clearly. Prepare to explain financial concepts in simple terms, as you may need to partner with budget owners who aren't finance experts. Good communication can set you apart!
✨Embrace Inclusivity
Gap values diversity and inclusion, so be prepared to discuss how you can contribute to a positive workplace culture. Share experiences where you've worked with diverse teams or supported inclusive initiatives, showing that you align with their values.
