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For Companies At a Glance
- Tasks: Lead finance operations for a luxury retailer, managing a team and driving financial planning.
- Company: Join a prestigious international luxury retailer known for its high-end products and dynamic environment.
- Benefits: Enjoy a competitive salary, 10% bonus, and a comprehensive benefits package.
- Why this job: This role offers ownership of key finance functions in a vibrant retail setting with growth opportunities.
- Qualifications: Qualified accountant (ACA, ACCA, or CIMA) with retail experience; leadership skills are a plus.
- Other info: Short notice availability is highly advantageous for this pivotal role.
The predicted salary is between 55000 - 65000 £ per year.
Your new company
I\’m partnering with a prestigious international luxury retailer looking for a Finance Manager to lead their London finance function. This is a pivotal No role on-site, reporting directly to the European parent company. You\’ll be responsible for overseeing day-to-day finance operations, managing a team of three, driving financial planning and analysis, managing cash flow and reporting to support strategic growth. This is a fantastic opportunity for someone who thrives in a dynamic, high-end retail environment and is ready to take ownership of a key finance function. Short notice is highly advantageous!
Your new role
Reporting into the Group CFO, you\’ll be responsible for:
- Financial Reporting: Prepare and analyse monthly, quarterly, and annual financial statements. Ensure respect of deadlines. Ensure accuracy and compliance with GAAP or IFRS.
- General Ledger Management: Ensure accounting posting updated and accurate (direct execution or through supervision of junior accountant staff). Maintain and reconcile general ledger accounts. Monitor and resolve discrepancies.
- Budgeting and Forecasting: Assist in the preparation of budgets and financial forecasts. Analyse variances and provide insights for financial planning.
- Cash: Execution of payments and bank reconciliations, prepare cash flow forecasts, monitor collections from customers and credit management
- Compliance and Controls: Ensure compliance with tax regulations and financial reporting standards. Implement and maintain internal controls.
- Taxation: Assist with tax audits and tax returns, ensure compliance with VAT and Corporate with the support of the tax advisors
- Payroll: Payroll accounting and HR control
- Financial Analysis: Conduct financial analysis to support strategic initiatives. Prepare reports and presentations for management.
What you\’ll need to succeed
You\’ll ideally be a qualified accountant (ACA, ACCA, or CIMA) with a strong background in the retail or consumer sectors. Experience in team leadership
is a plus, and you should be comfortable in a hands-on, all-rounder role, with the ability to balance strategic thinking and day-to-day financial operations.
What you\’ll get in return
You\’ll receive a competitive salary of £65,000 – £75,000, plus a 10% bonus and a comprehensive benefits package. This is a fantastic opportunity to join a prestigious, internationally recognised brand that\’s committed to supporting your professional growth and development.
What you need to do now
If you\’re interested in this role, click \’apply now\’ to forward an up-to-date copy of your CV, or call us now.
If this job isn\’t quite right for you, but you are looking for a new position, please contact us for a confidential discussion about your career.
Hays Specialist Recruitment Limited acts as an employment agency for permanent recruitment and employment business for the supply of temporary workers. By applying for this job you accept the T&C\’s, Privacy Policy and Disclaimers which can be found at hays
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Finance Manager (Luxury Retail) employer: Hays Accountancy and Finance
Contact Detail:
Hays Accountancy and Finance Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Manager (Luxury Retail)
✨Tip Number 1
Familiarise yourself with the luxury retail sector. Understanding the unique financial challenges and opportunities in this industry will help you speak confidently about how your skills can contribute to the company's success.
✨Tip Number 2
Network with professionals in the luxury retail finance space. Attend industry events or connect on platforms like LinkedIn to gain insights and potentially get referrals that could strengthen your application.
✨Tip Number 3
Prepare to discuss your leadership style and experience managing teams. Highlight specific examples of how you've successfully led finance teams in the past, as this role requires strong team management skills.
✨Tip Number 4
Stay updated on financial regulations and compliance standards relevant to the luxury retail sector. Being knowledgeable about GAAP, IFRS, and tax regulations will demonstrate your readiness for the role's responsibilities.
We think you need these skills to ace Finance Manager (Luxury Retail)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in finance, particularly in retail or consumer sectors. Emphasise your qualifications (ACA, ACCA, or CIMA) and any leadership roles you've held.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for luxury retail and your understanding of financial operations. Mention specific achievements that demonstrate your ability to manage teams and drive financial planning.
Highlight Compliance Knowledge: Since compliance with tax regulations and financial reporting standards is crucial, ensure you mention your experience with GAAP or IFRS, as well as any relevant tax compliance work you've done.
Showcase Financial Analysis Skills: In your application, provide examples of how you've conducted financial analysis to support strategic initiatives. This could include preparing reports or presentations that influenced decision-making.
How to prepare for a job interview at Hays Accountancy and Finance
✨Know Your Numbers
As a Finance Manager, you'll need to demonstrate your financial acumen. Be prepared to discuss key financial metrics and how they relate to the luxury retail sector. Brush up on GAAP and IFRS standards, as well as any recent changes that may impact financial reporting.
✨Showcase Leadership Skills
Since this role involves managing a team, highlight your leadership experience. Prepare examples of how you've successfully led teams in the past, particularly in high-pressure environments. Discuss your approach to mentoring junior staff and fostering a collaborative team culture.
✨Understand the Luxury Retail Market
Familiarise yourself with the current trends and challenges in the luxury retail market. Be ready to discuss how these factors can influence financial planning and analysis. Showing that you understand the unique aspects of this sector will set you apart from other candidates.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving skills. Think about potential financial challenges a luxury retailer might face and how you would address them. This could include cash flow management or compliance issues, so be ready to provide thoughtful, strategic responses.
