At a Glance
- Tasks: Lead the UK Accounting Team and ensure accurate financial reporting.
- Company: Join Starbucks, a global leader in retail with a dynamic culture.
- Benefits: Hybrid working model, competitive salary, and opportunities for professional growth.
- Other info: Collaborative atmosphere with a focus on continuous improvement and innovation.
- Why this job: Make an impact by guiding financial decisions in a fast-paced environment.
- Qualifications: ACA/ACCA qualified with experience in managing accounting teams.
The predicted salary is between 54000 - 66000 £ per year.
Hybrid working model: 50% office-based, with the office located at Chiswick Park, West London.
Job Purpose and Mission
To lead the UK Accounting Team, ensuring timely and accurate preparation of monthly, quarterly, and annual management accounts under US GAAP and statutory reporting under IFRS. This role focuses on managing the annual audit process, maintaining strong internal controls, and supporting the business with financial insight and guidance to enable informed decision-making. Works closely with UK Commercial Finance, EMEA & US accounting/finance teams, and key stakeholders.
Summary of Key Responsibilities
- Lead and develop the UK Accounting Team, ensuring high performance, strong technical excellence and delivery of all reporting deadlines.
- Deliver key reporting, provide insightful analysis and recommendations, while maintaining strong reporting controls.
- Lead month-end, quarter-end, and year-end close processes under US GAAP, ensuring accuracy and completeness.
- Own the preparation and filing of UK statutory financial statements under IFRS, acting as the primary liaison with external auditors and internal stakeholders.
- Maintain and strengthen the internal control environment, ensuring compliance with company policies, US GAAP requirements and audit expectations.
- Collaborate cross-functionally with stakeholders to assess accounting impacts of operational initiatives, unusual transactions, new agreements, and projects.
- Review and approve journal postings, reconciliations, and financial statements.
- Own the integrity of the UK balance sheet, ensuring all accounts are accurately reconciled, reviewed and supported in accordance with company policies and accounting standards.
- Produce monthly and quarterly P&L, Balance Sheet and Cash Flow variance analysis and commentary with related supporting schedules.
- Drive process improvements and automation initiatives to enhance efficiency and accuracy.
- Drive continuous improvement initiatives and promote best-in-class accounting and reporting practices across the function.
- Provide insightful financial analysis and recommendations to support business performance and strategic decision-making.
- Act as a trusted finance partner to senior leadership, providing accounting guidance on business initiatives and strategic decisions.
- Mentor and develop team members, fostering a culture of continuous improvement and professional growth.
- Maintain up-to-date knowledge of financial regulations and best practices by participating in educational opportunities, reading professional publications, maintaining personal networks, and engaging with professional organizations.
Qualifications
- Accounting experience in a large, multi-site operation, retail business or similar environment.
- ACA / ACCA qualified (or international equivalent), with solid post-qualified experience.
- Proven experience managing, coaching and developing accounting teams, with a minimum of 3 years' people management responsibility.
- Strong technical knowledge of US GAAP and IFRS, with proven experience managing audits.
- Sound knowledge of retail inventory (Inventory management systems).
- Excellent leadership and team management skills, with the ability to coach and develop others.
- Strong systems skills in all MS Office applications, with advanced Excel required.
- Experience working with large ERP accounting and reporting system; Oracle, Anaplan XL preferred.
- Excellent interpersonal and leadership skills, with the ability to mentor team members, build strong stakeholder relationships, and communicate complex financial concepts clearly to non-financial audiences.
- Strong problem-solving and analytical skills, with a proactive and solution-focused approach.
- Ability to communicate clearly and concisely, both orally and in writing.
- Ability to successfully operate in a fast-paced environment while managing multiple priorities.
Accounting Manager in London employer: Starbucks Corporation
At Starbucks, we pride ourselves on being an exceptional employer, offering a vibrant work culture where every voice is valued and innovation thrives. As a finance analyst, you'll enjoy comprehensive training, flexible benefits, and unique perks like bean stock options and a free bag of coffee each week, all while working in a supportive environment that fosters personal and professional growth. Join us in a role where no two days are the same, and be part of a team that is committed to inclusivity and excellence.
StudySmarter Expert Advice🤫
We think this is how you could land Accounting Manager in London
✨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 Starbucks Corporation. 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 Accounting Manager in London
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 Starbucks Corporation.
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 Starbucks Corporation'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 Starbucks Corporation
✨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 Starbucks Corporation.
✨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 Starbucks Corporation 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 Starbucks Corporation 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.