At a Glance
- Tasks: Oversee financial activities, manage budgets, and ensure compliance.
- Company: Join a luxury retail group known for quality and exceptional service.
- Benefits: Enjoy a competitive salary, benefits package, and a collaborative environment.
- Why this job: Be a key player in a growing brand, impacting financial strategy and operations.
- Qualifications: Experience in finance roles, ideally in retail; qualified accountant preferred.
- Other info: Hands-on role with opportunities for strategic input and growth.
The predicted salary is between 43200 - 72000 £ per year.
Job Title: Finance Manager
Location: Glasgow
Type: Full-time, Permanent
About the Company
Our client is a luxury retail group encompassing four distinct and prestigious brands. Known for delivering exceptional quality and service, the company operates with passion and precision, offering products that inspire and delight discerning customers.
About the Role
As Finance Manager, you will play a critical, stand-alone role in overseeing and managing all aspects of the company’s financial activities. Reporting directly to the Managing Director, you will ensure financial stability, compliance, and strategic insight, enabling the company to thrive and grow.
This is a hands-on position requiring a proactive and detail-oriented individual who can manage both day-to-day financial operations and contribute to long-term strategic planning.
Key Responsibilities
- Budgeting & Forecasting: Develop, monitor, and report on budgets and forecasts to support business objectives.
- Cash Flow Management: Maintain oversight of cash flow, ensuring the business has sufficient liquidity to meet its commitments.
- Payroll Administration: Manage payroll for all employees, ensuring compliance with regulations and timely payments.
- Supplier & Accounts Management: Oversee supplier payments, purchase orders, and accounts payable/receivable processes.
- Statutory Accounts & Compliance: Prepare statutory accounts and ensure compliance with all legal and financial regulations, including VAT and tax submissions.
- Taxation: Handle all aspects of VAT, corporation tax, and other applicable taxes, ensuring accurate and timely submissions.
- Financial Reporting: Prepare monthly, quarterly, and annual management accounts, providing clear insights and recommendations to the leadership team.
- Systems & Processes: Optimise financial systems and processes to improve efficiency and accuracy.
Key Requirements
- Experience: Proven experience in a similar Finance Manager or senior finance role, ideally within retail or luxury sectors.
- Qualifications: Fully qualified or part-qualified accountant (e.g., ACCA, CIMA, ACA) or equivalent experience.
- Technical Skills: Proficient in financial software and advanced Excel skills.
- Regulatory Knowledge: Strong understanding of UK tax, VAT, and payroll regulations.
- Personal Attributes: Self-motivated, detail-oriented, and capable of managing multiple tasks independently.
- Communication Skills: Excellent written and verbal communication, with the ability to present financial data to non-finance stakeholders clearly and concisely.
What’s on Offer
- Competitive salary and benefits package.
- The opportunity to work with a growing luxury brand group.
- A supportive and collaborative working environment.
Finance Manager employer: Solutions Driven
Contact Detail:
Solutions Driven Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Finance Manager
✨Tip Number 1
Familiarize yourself with the luxury retail sector. Understanding the unique financial challenges and opportunities in this industry will help you stand out as a candidate who can contribute valuable insights.
✨Tip Number 2
Network with professionals in finance and luxury retail. Attend industry events or join relevant online forums to connect with others who can provide insights or even refer you to opportunities.
✨Tip Number 3
Brush up on your knowledge of UK tax, VAT, and payroll regulations. Being well-versed in these areas will demonstrate your readiness to handle compliance and regulatory aspects of the role.
✨Tip Number 4
Prepare to discuss your experience with budgeting and forecasting in detail. Be ready to share specific examples of how you've successfully managed financial operations and contributed to strategic planning in previous roles.
We think you need these skills to ace Finance Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in finance management, particularly within the retail or luxury sectors. Emphasize your qualifications and any specific financial software you are proficient in.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the company's values and how your skills align with their needs. Mention your experience in budgeting, cash flow management, and compliance to demonstrate your fit for the role.
Highlight Key Achievements: In both your CV and cover letter, include specific examples of past achievements in financial management. Use metrics where possible to quantify your impact, such as improvements in cash flow or successful budget management.
Proofread Your Application: Before submitting, carefully proofread your application materials for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a Finance Manager role.
How to prepare for a job interview at Solutions Driven
✨Showcase Your Financial Expertise
Be prepared to discuss your previous experience in finance management, especially within the retail or luxury sectors. Highlight specific examples of budgeting, forecasting, and cash flow management that demonstrate your ability to contribute to the company's financial stability.
✨Demonstrate Regulatory Knowledge
Familiarize yourself with UK tax, VAT, and payroll regulations. During the interview, be ready to explain how you have ensured compliance in past roles and how you would approach these responsibilities in this position.
✨Communicate Clearly
Since you'll need to present financial data to non-finance stakeholders, practice explaining complex financial concepts in simple terms. This will showcase your communication skills and your ability to collaborate effectively with different teams.
✨Prepare Questions About the Company
Research the luxury retail group and prepare insightful questions about their financial strategies and goals. This shows your genuine interest in the company and helps you understand how you can align your expertise with their objectives.