At a Glance
- Tasks: Manage financial reporting, cash flow forecasting, and support audits in luxury retail.
- Company: Join a renowned luxury fashion retailer with a dynamic finance team.
- Benefits: Competitive salary, bonus, and career development opportunities.
- Other info: Short notice required; passion for luxury retail is essential.
- Why this job: Be part of a high-growth business and engage with senior leadership.
- Qualifications: ACA or ACCA qualified with retail experience and strong Excel skills.
The predicted salary is between 55000 - 60000 £ per year.
I'm currently supporting a well-known luxury fashion retailer looking for a Group Financial Accountant to join the finance function! They are open to ACA's coming straight from a top-tier practice with retail client experience OR ACCA industry-trained retail accountants. This role is a nice blend of statutory management accounts, tax compliance / VAT, cash flow forecasting and supporting the external audit.
Reporting into the Finance Director, you'll be responsible for:
- Financial reporting & control: ownership of the month-end duties ensuring balance sheet integrity and month-end reporting
- Monthly balance sheet reconciliations, including inventory, fixed assets, accruals, and prepayments
- Maintaining IFRS financial reporting policies group-wide
- Stock and WIP reconciliation
- Support with process improvement and systems optimisation
- Budget vs actuals variance analysis
- Cash flow forecasting and control
- Led statutory audit delivery - primary contact for external auditors
- Manage quarterly VAT and assist in tracking tax returns
- Ad hoc projects and analysis as required
You'll either be:
- an ACA coming from a Top 6 firm with Retail client experience
- a retail industry trained ACCA accountant
You'll also be a strong communicator who can engage with C-suite & stakeholders, have strong Excel skills, and a strong foundation in UK GAAP & IFRS reporting standards. You'll also be someone with a passion for luxury retail/fashion!
What You’ll Get in Return:
- Competitive salary of £55,000 - £60,000
- Bonus
- Benefits
- Exposure to senior leadership and strategic projects
- Career development in a high-growth, purpose-driven business
Interested? Apply now or contact Tahlia Duff at Hays UK to discuss this opportunity further.
Financial Accountant (Luxury Retail, ACAs) in London employer: Hays
Contact Detail:
Hays Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Accountant (Luxury Retail, ACAs) in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the luxury retail sector and let them know you're on the hunt for a Financial Accountant role. You never know who might have the inside scoop on openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of IFRS and UK GAAP. Be ready to discuss how you've handled financial reporting and audits in the past. Show them you're not just about numbers, but also about making an impact in the luxury retail space!
✨Tip Number 3
Don’t forget to showcase your passion for luxury retail during interviews! Share your insights on current trends in the industry and how they relate to financial management. This will help you stand out as someone who truly understands the business.
✨Tip Number 4
Apply through our website for a smoother process! We make it easy for you to submit your application and get noticed. Plus, it shows you're serious about joining our team in this exciting role.
We think you need these skills to ace Financial Accountant (Luxury Retail, ACAs) in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that match the job description. Highlight your ACA or ACCA qualifications and any relevant retail experience to catch our eye!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to express your passion for luxury retail and how your background makes you the perfect fit for the role. Keep it concise but impactful.
Showcase Your Communication Skills: Since you'll be engaging with C-suite and stakeholders, it's important to demonstrate your strong communication skills in your application. Use clear and professional language throughout your documents.
Apply Through Our Website: We encourage you to apply directly through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any updates!
How to prepare for a job interview at Hays
✨Know Your Numbers
As a Financial Accountant, you'll need to demonstrate your expertise in financial reporting and control. Brush up on your knowledge of IFRS and UK GAAP standards, and be ready to discuss how you've applied these in previous roles. Prepare specific examples of your month-end duties and balance sheet reconciliations.
✨Showcase Your Retail Passion
This role is with a luxury fashion retailer, so it's crucial to convey your passion for the industry. Research the company’s brand, values, and recent developments. Be prepared to discuss how your interest in luxury retail aligns with your professional experience and how it can benefit the company.
✨Excel Skills Are Key
Strong Excel skills are a must for this position. Before the interview, practice using advanced Excel functions that you might use in financial analysis or cash flow forecasting. Be ready to explain how you've used Excel in past roles to improve processes or analyse data.
✨Engage with Stakeholders
You'll be interacting with C-suite executives and other stakeholders, so strong communication skills are essential. Prepare to discuss how you've effectively communicated financial information to non-financial audiences in the past. Think of examples where your communication made a significant impact on decision-making.