At a Glance
- Tasks: Lead the accounting for payments and manage financial analysis at Selfridges.
- Company: Selfridges is a renowned retail giant with over £1 billion in annual sales.
- Benefits: Enjoy a dynamic work environment, opportunities for growth, and a chance to impact retail finance.
- Other info: This is a 17-month fixed-term contract based in Leicester.
- Why this job: Join a senior finance team, work on exciting projects, and enhance your skills in a fast-paced setting.
- Qualifications: Qualified Accountant (ACA or equivalent) with strong analytical and Excel skills required.
The predicted salary is between 36000 - 60000 £ per year.
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A Bit About The Role
Selfridges has sales of over £1b a year which are received through a variety of payment channels.
Job Introduction
A Bit About The Role
Selfridges has sales of over £1b a year which are received through a variety of payment channels.
The Finance Manager - Payments takes a lead role in delivering and improving the accounting for these payments and their associated costs.
As a Finance Manager You Will
- Deliver the reconciliation of sales to receipts from payment suppliers; ensuring that all sales are backed by cash, that fx, chargebacks and refunds are correctly accounted for, and that our payment suppliers are remitting cash in line with their contracts.
- Deliver the accounting for payment related costs; producing budgets and forecasts, accounting for actual costs each month, and providing commentary on trends and variances.
- Manage and develop a Finance Analyst.
- Work on the year-end financial accounts and audit, both specifically in relation to payments and more generally contributing to the year-end process as a senior member of the finance team.
- Work on payment related projects across the business, for instance establishing the accounting for new payment methods, or helping to on-board concession partners with non-standard payment processes.
- Work with the Financial Controller, other teams, and external consultants, to improve the efficiency and effectiveness of Selfridges’ payment processes.
- Work with the Financial Controller, IT and Procurement on projects to select and on-board new payment providers, or to renegotiate terms with existing payment suppliers.
- Be a key member of the senior finance team in the Leicester office; working on ad-hoc projects and pitching in, troubleshooting and helping out across the team as required
- A qualified Accountant (preferably ACA or equivalent).
- Experienced in producing meaningful reconciliations and proactively acting to identify, understand, communicate and resolve reconciling items.
- Experienced in producing and owning budgets and forecasts, and in explaining variances in a clear manner.
- Have strong analytical and Excel skills with experience in working with large quantities of data from multiple sources.
- Be either from a strong retail background, ideally related to payments, or experience working within a fast paced, commercial environment.
- Strong interpersonal and networking skills, able to establish strong relationships with stakeholders across the business.
- A qualified Accountant (preferably ACA or equivalent).
- Experienced in producing meaningful reconciliations and proactively acting to identify, understand, communicate and resolve reconciling items.
- Experienced in producing and owning budgets and forecasts, and in explaining variances in a clear manner.
- Have strong analytical and Excel skills with experience in working with large quantities of data from multiple sources.
- Be either from a strong retail background, ideally related to payments, or experience working within a fast paced, commercial environment.
- Strong interpersonal and networking skills, able to establish strong relationships with stakeholders across the business.
Seniority level
Seniority level
Mid-Senior level
Employment type
Employment type
Contract
Job function
Job function
Finance and SalesIndustries
Retail
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#J-18808-LjbffrFinance Manager (17 Month FTC) in Leicester employer: Selfridges
Selfridges is an exceptional employer, offering a dynamic work environment in Leicester where innovation and collaboration thrive. As a Finance Manager, you will benefit from a supportive culture that prioritises employee growth, with opportunities to lead impactful projects and develop your skills within a renowned retail brand. Enjoy competitive benefits and the chance to be part of a team that values your contributions while working in a vibrant city known for its rich history and community spirit.
StudySmarter Expert Advice🤫
We think this is how you could land Finance Manager (17 Month FTC) in Leicester
✨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 Selfridges. 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 (17 Month FTC) in Leicester
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 Selfridges.
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 Selfridges'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 Selfridges
✨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 Selfridges.
✨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 Selfridges 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 Selfridges 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.
