Finance Manager - Group Stock & Margin in Somerset

Finance Manager - Group Stock & Margin in Somerset

Somerset Full-Time 54450 - 66550 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Lead stock and margin accounting transformation while mentoring a team member.
  • Company: Join a globally recognised business with a stellar reputation.
  • Benefits: Enjoy hybrid working, competitive salary, and opportunities for professional growth.
  • Other info: Collaborative environment focused on continuous improvement and stakeholder engagement.
  • Why this job: Make a real impact in financial control and reporting within a high-performing team.
  • Qualifications: Qualified Accountant with retail or manufacturing experience and strong stock knowledge.

The predicted salary is between 54450 - 66550 £ per year.

Morgan McKinley is partnering with a global business with an excellent reputation to recruit a Finance Manager - Group Stock & Margin.

The Role

This is a key role in a high performing team, requiring you to lead the transformation and improvement of stock and margin accounting.

Key responsibilities will include:

  • Support and mentor one direct report
  • Maintain financial control and accurate valuation of global stock
  • Financial control of margin movements, including materials price and usage variances, labour variances, overhead absorption and stock revaluation
  • Responsible for the control and reporting of global gross margin, including profit in stock
  • Support the development of the Group inventory policy
  • Deliver monthly reporting explaining gross margin relative to budget, forecast and prior year
  • Work with other Finance team members to set budgets and forecasts
  • Drive continuous improvement in how stakeholders control the movement of high value stock

The Person

The successful candidate will be a Qualified Accountant with experience of working in Retail or Manufacturing. Stock and Margin accounting experience, and solid costings knowledge are key requirements for the role, and you will need a demonstrable track record of delivering improvements and of working collaboratively with key stakeholders.

Hybrid working is on offer, with an expectation to be in the office 3 days p/w.

Finance Manager - Group Stock & Margin in Somerset employer: Morgan McKinley (South West)

As an employer, we pride ourselves on fostering a dynamic and supportive work culture that values technical expertise and encourages professional growth. Located in the picturesque outskirts of Chippenham, our fully onsite role offers immediate engagement with a collaborative team, providing opportunities to tackle complex financial challenges while contributing to meaningful projects. We are committed to ensuring our employees thrive through continuous development and a strong sense of community.

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Contact Details:

Morgan McKinley (South West) Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Finance Manager - Group Stock & Margin in Somerset

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like Morgan McKinley (South West). Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace Finance Manager - Group Stock & Margin in Somerset

Financial Control
Stock Accounting
Margin Accounting
Costing Knowledge
Budgeting
Forecasting
Reporting

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Morgan McKinley (South West).

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on Morgan McKinley (South West)'s website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at Morgan McKinley (South West)

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Morgan McKinley (South West).

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at Morgan McKinley (South West) will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

Network with Industry Professionals

Before your interview, reach out to current or former Morgan McKinley (South West) employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.