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For Companies At a Glance
- Tasks: Support financial analysis, budgeting, and forecasting to drive business performance.
- Company: Join a leading retail brand with a focus on innovation and teamwork.
- Benefits: Competitive salary, flexible working, and opportunities for professional growth.
- Why this job: Make a real impact by providing insights that shape business decisions.
- Qualifications: Studying towards an accountancy qualification with strong analytical skills.
- Other info: Dynamic team environment with opportunities for career advancement.
The predicted salary is between 36000 - 60000 £ per year.
As a Finance Analyst, you will support the Finance Manager and the wider team in providing effective financial challenge and support to business partners. You will be instrumental in the end-to-end management accounts process, budgeting and forecasting, evaluating strategic investment decisions, and providing analysis and insights. Your role will be crucial in delivering timely and clear financial information to aid decision-making across the business.
As a Finance Analyst, You Will:
- Produce timely, detailed, and clear analysis to support business areas in understanding performance.
- Provide concise commentary on sales, costs and overall performance, including recommendations for improvement.
- Contribute to month-end routines of management accounts, including journal entries and balance sheet reconciliations.
- Identify risks and opportunities against budget, suggesting mitigation strategies and ways to capitalise on opportunities.
- Undertake analysis for potential initiatives using financial modelling techniques.
- Report on KPIs, highlighting risks and opportunities.
- Support the budgeting and forecasting process.
- Interpret non-financial information and transform it into financial reports.
- Produce reports easily understood by non-financial people.
- Make recommendations to improve reporting and analysis.
- Deal with queries and requests professionally and promptly.
- Participate in ad hoc projects as required.
- Work collaboratively, sharing ideas and information with colleagues.
- Continually seek ways to improve own performance both technically and behaviourally.
- Represent the finance community in line with Selfridges values.
- Understand and support the delivery of Selfridges strategy and initiatives.
A Bit About The Role:
- Retail/FMCG experience, preferably in retail.
- Working towards a recognised accountancy qualification (CIMA/ACCA).
- High standard of accuracy with financial and statistical data.
- Proactive and able to take initiative.
- Able to manage your own workload.
- Commercially aware.
- Customer-focused with the ability to build good cross-functional relationships.
- Strong communication, interpersonal, and influencing skills.
- Advanced Excel skills and proficiency in other core applications.
- Flexible and open to change.
- Good team player.
Key Measures Of Success For This Role:
- Timely and accurate production of financial analysis and reports.
- Effective contribution to budgeting and forecasting processes.
- Identification of risks and opportunities that impact business performance.
- Successful completion of ad hoc projects and initiatives.
- Positive feedback from business partners on financial support provided.
Finance Analyst employer: Selfridges
Contact Detail:
Selfridges Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Analyst
✨Tip Number 1
Network like a pro! Reach out to people in the finance industry, especially those who work at companies you're interested in. A friendly chat can lead to insider info and even job referrals.
✨Tip Number 2
Prepare for interviews by practising common finance analyst questions. We recommend using the STAR method (Situation, Task, Action, Result) to structure your answers. This will help you showcase your skills and experiences effectively.
✨Tip Number 3
Show off your analytical skills! Bring examples of your past work or projects that demonstrate your ability to produce clear financial reports and insights. This will make you stand out as a candidate who can hit the ground running.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive about their job search!
We think you need these skills to ace Finance Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the Finance Analyst role. Highlight your experience with financial analysis, budgeting, and forecasting. We want to see how your skills align with what we’re looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about finance and how you can contribute to our team. Keep it concise but impactful – we love a good story!
Showcase Your Skills: Don’t forget to mention your advanced Excel skills and any relevant software you’re familiar with. We’re keen on candidates who can hit the ground running, so let us know what tools you’ve mastered!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Selfridges
✨Know Your Numbers
As a Finance Analyst, you'll be dealing with a lot of financial data. Brush up on your key financial metrics and be ready to discuss how they impact business performance. Familiarise yourself with common financial modelling techniques and be prepared to showcase your analytical skills.
✨Showcase Your Communication Skills
You'll need to translate complex financial information into something non-financial colleagues can understand. Practice explaining financial concepts in simple terms. During the interview, demonstrate your ability to communicate clearly and effectively, as this will be crucial in your role.
✨Be Proactive with Examples
Prepare specific examples of how you've identified risks and opportunities in past roles. Discuss any initiatives you've taken to improve processes or reporting. This shows that you’re not just reactive but can also take the initiative, which is key for a Finance Analyst.
✨Understand the Business Context
Research the company and its industry thoroughly. Understand their strategy and how finance plays a role in achieving their goals. Being able to discuss how your work as a Finance Analyst can support the company's objectives will set you apart from other candidates.
