Commercial Finance Manager, Buying & Merchandising

Commercial Finance Manager, Buying & MerchandisingCommercial Finance Manager, Buying & Merchandising3 weeks ago Be among the first 25 applicantsGet AI-powered advice on this job and more exclusive features.DescriptionWe’re a much-loved brand with an exciting future. Our Islanders are a diverse bunch of bright, talented people who love working together – and are proud of the work they do. Progression here can take you in all kinds of directions.Department: CommercialLocation: Head Office, Chelsea HouseDescriptionWe’re a much-loved brand with an exciting future. Our Islanders are a diverse bunch of bright, talented people who love working together – and are proud of the work they do. Progression here can take you in all kinds of directions.This is what a career at River Island is like. And this is where yours starts.What We Are Looking For…This is an exciting opportunity for an ambitious individual to join the highly respected Commercial Finance team at River Island. The team supports all the core business areas, from Retail performance to Product management and Buying support. We help manage the cost base and guide all stakeholders to help achieve our financial and non-financial objectives.This Is The Role…Strategic Financial Planning:Lead the development of financial models, rolling forecasts, with added responsibility for owning the budget setting process for Buying and MerchandisingProvide strategic recommendations to optimize revenue growth. Becoming a trusted Business Partner to help identify and manage risks and opportunitiesFinancial Analysis:Conduct in-depth financial analysis on several areas including pricing, buying and cost modelling to inform business decisions to maximise profitabilityEvaluate the financial impact of new initiatives and investments, raise the profile on decisions and help guide stakeholders to ensure they have all the options clearly availableReporting and Compliance:Ensure the period end process is complete for your area (Opex and Capex), the Management accounts reflect an accurate view on performance and all key drivers of performance are understoodPrepare clear, concise, accurate and timely financial reports for all stakeholders, but with a ‘so-what’ outcome and ‘what does this mean looking forwards’, rather than just purely this is what has happenedEnsure compliance with financial regulations and reporting standardsCross-Functional Collaboration:Business partnering support across a wide range of stakeholders. This is a vital part of the role. Be truly commercial which will include partnering with buying, merchandising, supply chain, operations, and across other commercial finance areasSupport the development of business strategies that align with overall organizational goalsTeam Leadership:Lead and mentor junior finance professionals to enhance their skills and performanceDeputise for the Senior Commercial Finance Manager when required to do soRole Requirements…A qualified chartered accountant with a minimum of 3 years PQE working in a Commercial finance or Financial Planning and Analysis roleBe commercially curious, draw conclusions and propose recommendationsConfident, approachable and with an attention to detail highlighting your problem-solving skillsA balanced approach to challenge at all stakeholder levels based on accurate and clear analysis with the support of other relevant insightProven track record in driving business results through financial insights and strategic planningAdvanced Excel skills with experience of building accurate financial modelsAbility to work under pressure and manage multiple priorities in a fast-paced environment.Experience of using ERP systems (e.g. Oracle) and other financial software applicationsThis Is For You…Discount – Generous 50% staff discount so you can treat yourself & a bargain staff shop, all onsite!RI Rewards – Reducing Islanders everyday expenses through discounts, benefits, financial advice, wellbeing solutions and more with Reward Gateway!Island culture – We have a free onsite gym, subsidised restaurant & café & various social events throughout the year. We also work closely with the Retail Trust to create dedicated support for all our Islanders!Work that stays at work – Flexible working is a given, on top of payday early finishes and Summer FridaysFamily Hub – Every family is unique, we support Islanders with all different family setups enhanced maternity, paternity, adoption & fertility treatmentGiver Island – Give as you earn scheme, a ‘Giver Island’ day each year and matched fundingTraining on the job – Support with upskilling skills through on the job training and qualificationsPension – A contributory private pension schemeBonus – A generous bonus schemeHealthcare – With the choice to opt in for healthcare through our provider AXAParking – Free onsite parkingHoliday – 25 days paid holiday, exclusive of Bank Holidays. With the added option to purchase additional holiday for whatever the need!We mentioned the discount, right?Keeping You Safe…At River Island we are committed to the safeguarding of all of our employees regardless of age or job role. We will fulfil our obligation under the Prevent duty which seeks to stop extremism and extremist views from materialising in our business. We promote and encourage the belief in British Values- including democracy, the rule of law, individual liberty and mutual respect and tolerance of different faiths and beliefs. To find out more, please visit www.gov.ukEvery Islander CountsOur Island is made up of a diverse community, where we all belong and feel part of something bigger. We are committed to equality of opportunity and welcome applications from individuals, regardless of age, gender, ethnicity, disability, sexual orientation, gender identity, socio-economic background, religion and/or belief. 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